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wages for 26 European economies. To ease comparisons we make use of the European Union Statistics on Income and Living … Conditions inquiry released in 2009. The premium is found to be higher at the right tail of the distribution of wages, suggesting …
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Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …
Persistent link: https://www.econbiz.de/10011446155
This paper formalizes the use of flexible labor contracts in an efficiency wage framework and derives market dualism as an endogenous outcome. By allowing temporary contracts to be either renewed or converted into permanent contracts, new theoretical insights emerge both on the equilibrium wage...
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Realisation that foreign startups have the potential to add new and innovative products and services to the market … mobility in its international engagements, India is yet to take a position on incentives to foreign startups and …/or entrepreneurs and startups visas. Given this background, this paper examines the policies of other countries with respect to …
Persistent link: https://www.econbiz.de/10011880517
effect of relative functional specialisation on wages and non-wage working conditions. In line with the GVC literature … functional specialisation patterns on wages in EU member states at the industry level across time. While relative functional … specialisation in fabrication tends to hold back wages, functional specialisation in R&D has a positive effect on wage progression …
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