Showing 1 - 10 of 698
The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s … by a period of sharp deflation where nominal wages and prices fell by 30 percent and unemployment increased from 5 to 30 … percent. We examine whether relatively standard wage and employment equations can account for the volatile economic …
Persistent link: https://www.econbiz.de/10010321430
vacancies in the local labor market, and what impact it has on employment. A greater availability of unemployed workers should … unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor … congestion effect. I use monthly panel data for all local labor markets in Sweden from 1992-2011. The results suggest that …
Persistent link: https://www.econbiz.de/10010321379
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … with respect to productivity, we demonstrate that productivity growth affects the labour share in the long run due to … frictional growth (that is, the interplay of wage dynamics and productivity growth). In the light of this result, we consider a …
Persistent link: https://www.econbiz.de/10010280741
. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a …. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and … pension systems) and total labor supply is of crucial importance to combat problems and ensure economic growth in the future …
Persistent link: https://www.econbiz.de/10010273931
well as rising unemployment and the financial strain on many workers, platform work may resume its rapid growth. Therefore …
Persistent link: https://www.econbiz.de/10014565869
labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity and …This paper provides a critique of the "unemployment invariance hypothesis", according to which the behavior of the … the labor force. Using Solow growth and endogenous growth models, we show that the labor market alone need not contain all …
Persistent link: https://www.econbiz.de/10010281026
depicted and its effects on formal and informal labour markets. The most important challenges for employment policy as well as …
Persistent link: https://www.econbiz.de/10010294504
interact to determine unemployment by estimating a dynamicpanel model using the system generalized method of moments (GMM). We … well as decreased banking concentration reduce unemployment ifthe level of labour market regulation, union density and … banking concentration is beneficial for employment when the degree of labourmarket regulation, union density and coordination …
Persistent link: https://www.econbiz.de/10009360503
literature suggests that this includes two major topics. First, productivity of exporting firms may increase due to learning …, exporting potentially leads to a change in the employment structure towards highly skilled workers. We applied a conditional … difference-in-difference regression model of labor demand for three different skill levels to investigate this hypothesis. For …
Persistent link: https://www.econbiz.de/10012222268
In 1996 Austria introduced a tax for the layoff of older workers, which was tightened in 2000. The regulation requires employers to pay a tax of up to 170 percent of the gross monthly income when they give notice to employees aged 50 or more. We use data from Austrian social security records to...
Persistent link: https://www.econbiz.de/10010294877