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What Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Data
Prasad, Eswar S. - Institute for the Study of Labor (IZA) - 2003
macroeconomic factors – including aggregate and local unemployment rates, generosity of the unemployment compensation system and … capital, length of unemployment spell and alternative income sources. The longitudinal aspect of the dataset (the German Socio … wage offers for workers who make the transition from unemployment to employment. The findings have important policy …
Persistent link: https://www.econbiz.de/10005703730
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The Minimum Wage from a Two-Sided Perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010887014
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The minimum wage from a two-sided perspective
Brown, Alessio J.G.; Merkl, Christian; Snower, Dennis J. - In: Economics Letters 124 (2014) 3, pp. 389-391
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms’ job offer and workers’ job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show...
Persistent link: https://www.econbiz.de/10010930730
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Wages and Informality in Developing Countries
Meghir, Costas; Narita, Renata; Robin, Jean-Marc - Cowles Foundation for Research in Economics, Yale University - 2012
It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...
Persistent link: https://www.econbiz.de/10011253051
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Reassessing the NAIRUs after the Crisis
Guichard, Stéphanie; Rusticelli, Elena - Economics Department, Organisation de Coopération et … - 2011
The financial crisis has resulted in a substantial increase in unemployment in the OECD. This paper shows that this … increase has reversed the reduction in structural unemployment which has been estimated to have occurred in most OECD countries … since the late 1990s. Structural unemployment is defined as a time-varying NAIRU derived from the information contained in a …
Persistent link: https://www.econbiz.de/10009394361
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The labour market: institutions and reforms Summary of the conference of 15-16 November 2012 organised by Aix-Marseille School of Economics (AMSE) and the Banque de France
D. DELLA GASPERA.; R. LECAT.; G. VERDUGO. - In: Quarterly selection of articles - Bulletin de la Banque … (2012) 28, pp. 111-120
Labour market conditions deteriorated sharply as a result of the crisis. This first AMSE-Banque de France annual conference provided an opportunity to discuss labour market reform.
Persistent link: https://www.econbiz.de/10010635606
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Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies
den Berg, Gerard J. van - Institute for the Study of Labor (IZA) - 2003
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
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Homo Reciprocans: Survey Evidence on Prevalence, Behavior and Success
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2006
Experimental evidence has convincingly shown the existence of reciprocal inclinations, i.e., a tendency for people to respond in-kind to hostile or kind actions. Little is known, however, about: (i) the prevalence of reciprocity in the population, (ii) individual determinants of reciprocity,...
Persistent link: https://www.econbiz.de/10005703379
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IAB Employment Subsample 1975-1995 Opportunities for Analysis Provided by the Anonymised Subsample
Bender, Stefan; Haas, Anette; Klose, Christoph - Institute for the Study of Labor (IZA) - 2000
social insurance system. Supplementary information on establishments and on unemployment periods in which a claimant received …
Persistent link: https://www.econbiz.de/10005822748
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The Wage Curve: An Entry Written for the New Palgrave, 2nd Edition
Blanchflower, David G.; Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2006
pay and the local unemployment rate - in modern micro data. At the time of writing, the curve has been found in 40 nations …
Persistent link: https://www.econbiz.de/10005763868