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This paper presents a simple framework that illustrates the link between skill-based wage differentiation and human capital acquisition given skill-biased technical progress. The analysis points to the economic costs resulting from labor market and income redistribution policies that prevent the...
Persistent link: https://www.econbiz.de/10005264106
externalities. This paper uses OECD data to distinguish these effects. While wages have become more sensitive to changes in the …
Persistent link: https://www.econbiz.de/10005599636
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual … perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who move from …
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This paper studies the financial sustainability of the Albanian pension fund and assesses possible options for its reform. The paper concludes that the pension fund is not sustainable in its current form and proposes for the urban scheme a combination of parametric changes to the existing...
Persistent link: https://www.econbiz.de/10005264178
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