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This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10008506842
Macroeconomic models with imperfect competition usually result in theoretical own-price elasticities of labour demand higher than one in absolute value. Yet often empirical studies find much lower estimated elasticities. A Chamberlinian two sectors model of imperfect competition with...
Persistent link: https://www.econbiz.de/10005272736
This paper analyzes the net effects of technology and import competition on employment, wages and wage inequality in …
Persistent link: https://www.econbiz.de/10010991728
change on wages. The narrative describes technological change as allowing for the increased codification of routine tasks … constant measures of occupational task requirements. That approach is unable to explore how wages respond to the time variant …
Persistent link: https://www.econbiz.de/10011262871
reduced labour force renders wages more resilient. The basic objective of this paper is to examine that wage …
Persistent link: https://www.econbiz.de/10005368910
Wage dispersion within firms has increased, whilst segregation of workers according to their schooling level has also increased, as some firms "specialise" in workers with a high level of education and other "specialise" in workers with low level of education. This study analyses the interaction...
Persistent link: https://www.econbiz.de/10005146507
We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to … negative effect in Russia, and they provide some evidence of positive foreign effects on both wages and employment in all four …
Persistent link: https://www.econbiz.de/10005157524
unobserved firm characteristics affecting the average level and trend growth of wages. These controls have little effect on the …
Persistent link: https://www.econbiz.de/10005157528
sector has seen the most sweeping changes. It is now being suggested that the current jobless growth is due to high wages … wages have stagnated. Though real wages in the factories have declined employment therein has not increased. Interestingly …, both wages and employment have increased in the mid-sized units. The relationship is therefore neither unidirectional nor …
Persistent link: https://www.econbiz.de/10005260234
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...
Persistent link: https://www.econbiz.de/10005669586