Labour-force withdrawal program are an important unemployment policy instrument for certain governments in continental Europe. Two widely used interventions are government subsidised early-retirement programs and reduced working-time regulations. Most economists, however, have cast doubts...

Recent analyses of wage bargaining has emphasized the distinction between insiders and outsiders, yet one typically assumes that insiders and recently hired outsiders are paid the same wage. We consider a model where the starting wage for outsiders may be lower that the insider wage, but...

Labour-force withdrawal program are an important unemployment policy instrument for certain governments in continental Europe. Two widely used interventions are government subsidised early-retirement programs and reduced working-time regulations. Most economists, however, have cast doubts...

This paper adapts a more general yet standard global model to investigate international effects of wage regulation and of the Asian emergence. The Davis result that European unemployment raises the wage in the US is supported, though the generalisations in our model greatly weaken it. By...

This paper briefly summarizes the state and the debate and describes the results of a recent study of the links between trade, technical change and labour market behavior.

The paper examines policy externalities between imperfectly competitive open economies where unemployment prevails in general equilibrium. We develop a two-country and two-sector model with monopolistic competition in the goods market and wage bargaining in the labor market. Policy externalities...

We estimate a model of labour demand that accounts for dynamics arising from the relative costs of hiring and firing workers on either indefinite-term contract (ITC) or fixed-term contract (FTC). We use a panel of 1,000 French firms, for which we can measure the number of entries and exits for...

The authors study the employment and distributional effects of regulating (reducing) working time in a general equilibrium model with search-matching frictions.

This paper investigates the consequences of labour supply changes in the OECD countries in the last decades. It is argued that changes in supply cannot be thought as homogenous: these changes involve more young and more adult female workers, that are complement with skilled men and substitute...