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flexibility/rigidity of those rates is a determinant of unemployment, it seems reasonable to suspect that long-discovered systemic … differences in unemployment across groups with different degrees of schooling and experience (and, perhaps, across countries as …
Persistent link: https://www.econbiz.de/10003774181
flexibility/rigidity of those rates is a determinant of unemployment, it seems reasonable to suspect that long-discovered systemic … differences in unemployment across groups with different degrees of schooling and experience (and, perhaps, across countries as …
Persistent link: https://www.econbiz.de/10010494689
compression lead to large welfare losses, since wage compression creates costly unemployment among low-skilled workers. This … unemployment. …
Persistent link: https://www.econbiz.de/10005645493
Using firm-level and individual panel data from 2008-2009, the paper looks at how Hungarian firms combined employment reduction with "softer" measures like short-work and wage cuts, in response to the crisis. The data suggest that the wage distribution remained practically unchanged while hours...
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