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The paper examines the implications of an important aspect of the ongoing reorganization of work - the move from occupational specialization toward multi-tasking - for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10005779996
This study analyzes the effects of inflation on the long-run nexus between unemployment and economic growth. We …-market tightness and increases unemployment. In summary, the model predicts a positive relationship between inflation and unemployment … variable that affects the economy, unemployment and economic growth exhibit a negative relationship. …
Persistent link: https://www.econbiz.de/10011118529
Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a...
Persistent link: https://www.econbiz.de/10012752560
The University of Virginia, by providing world-class educational opportunities to citizens of the state, has played an important role in the lives of Virginians since its founding in 1819. The University enhances economic opportunity and provides a steady stream of citizens prepared to assume...
Persistent link: https://www.econbiz.de/10005196818
Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a...
Persistent link: https://www.econbiz.de/10005703179
Productivity dispersion across firms is large and persistent, and worker reallocation among firms is an important source of productivity growth. The purpose of the paper is to estimate the structure of an equilibrium model of growth through innovation that explains these facts. The model is a...
Persistent link: https://www.econbiz.de/10005061559
This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that … unemployment based on Sudan Central Bureau of Statistics 2010 the Fifth Sudan Population and Housing Census 2008. We explain …, participation rates, economic activities, low skill level and high unemployment rate defined by gender and mode of living in Sudan …
Persistent link: https://www.econbiz.de/10010856356
-run (noncyclical)unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …
Persistent link: https://www.econbiz.de/10010904016
This volume is a collection of articles reprinted from top refereed journals and contains the most influential scholarly papers published by CERGE-EI faculty over the past 20 years. An introduction is by Lubomír Lízal, Associate Professor with Tenure at CERGE-EI and member of the Board of the...
Persistent link: https://www.econbiz.de/10010940911
The high U.S. unemployment rate after the Great Recession is usually considered to be a result of changes in factors … in the unemployment rate, these factors should have influenced workers' and firms' decisions. Therefore, it is important … factors affect the unemployment rate. To address this issue, we estimate a Mortensen-Pissarides style of labor-market matching …
Persistent link: https://www.econbiz.de/10010942906