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A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour and GDP per capita, (ii) differences in employment, (iii) differences in the proportion of part-time work across countries. The model predicts that the higher the level of...
Persistent link: https://www.econbiz.de/10005822396
State interventions into Labour policies in India are directed towards ensuring both job security and income security. In this paper we look at likely impact of such policies. The laws are found to serve the organised workers primarily while large masses of unorganised workers are without any...
Persistent link: https://www.econbiz.de/10005836599
Membership in the monetary union imposes higher demands on factor market flexibility, since neither the exchange rate nor monetary policies can be used to deal with country-specific shocks. In this paper we assess the ability of the twelve new EU member states (NMS-12) to dampen the impact of...
Persistent link: https://www.econbiz.de/10011147452
The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...
Persistent link: https://www.econbiz.de/10011259562
flexibility has also affected how firms adjust employment in Germany. Using a rich microeconomic dataset, we show that firms with … the key driver of the unusually small increase in German unemployment in the Great Recession. …
Persistent link: https://www.econbiz.de/10011196653
analyze the effects of the German unemployment insurance - the reality in Germany compared to the theory - an evaluation of …Abstract German (English abstract is added below) Arbeitslosigkeit gilt als eines der schwerwiegendsten … Arbeitslosigkeit, für die anhaltende Beschäftigungskrise vor? Und in welchem Umfang hat das deutsche Sozial- und Wohlfahrtssystem zu …
Persistent link: https://www.econbiz.de/10008622251
This article is based on the results of a survey conducted among 731 Austrian companies and supplements the known macroeconomic facts about the current economic crisis with micro data. While a decline in demand was the main challenge companies faced, they also had to cope with financing problems...
Persistent link: https://www.econbiz.de/10008623541
peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. …
Persistent link: https://www.econbiz.de/10008627125
When unemployment prevails, relations with a particular firm are valuable for workers. As a consequence, a worker may … firms. Our results thus suggest that unemployment is not a necessary device to motivate workers. We also discuss how market … characterized by unemployment. Surprisingly though, this does not compromise market performance. …
Persistent link: https://www.econbiz.de/10008925066
This article is based on the results of two company surveys - the first was conducted in 2007, before the recession 2008/2009 hit Austria, and the second was conducted in 2009 shortly after the trough of it. We analyse firms' reactions to the crisis and focus on their labour market relevant...
Persistent link: https://www.econbiz.de/10008764759