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Employment Subsidies and Substitutable Skills: An Equilibrium Matching Approach
Cardullo, Gabriele; Linden, Bruno Van der - Institute for the Study of Labor (IZA) - 2006
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10005761932
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Wage Adjustment in the Great Recession
Solon, Gary; Elsby, Michael W.; Shin, Donggyun - National Bureau of Economic Research (NBER) - 2013
Using 1979-2011 Current Population Survey data for the United States and 1975-2011 New Earnings Survey data for Great Britain, we study wage behavior in both countries, with particular attention to the Great Recession. Real wages are procyclical in both countries, but the procyclicality of real...
Persistent link: https://www.econbiz.de/10010969431
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Fixed-Term Employment Contracts in an Equilibrium Search Model
Alvarez, Fernando; Veracierto, Marcelo - National Bureau of Economic Research (NBER) - 2006
This paper analyzes the effects of fixed-term contracts using a version of the Lucas and Prescott island model with undirected search. A fixed-term contract of length J is modeled as a tax on separations of workers with tenure higher than J . While in principle these policies require a very...
Persistent link: https://www.econbiz.de/10005710122
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Wage Formation between Newly Hired Workers and Employers: Survey Evidence
Krueger, Alan B.; Hall, Robert E. - National Bureau of Economic Research (NBER) - 2008
Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...
Persistent link: https://www.econbiz.de/10005829126
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Evidence on the Determinants of the Choice between Wage Posting and Wage Bargaining
Krueger, Alan B.; Hall, Robert E. - National Bureau of Economic Research (NBER) - 2010
Some workers bargain with prospective employers before accepting a job. Others face a posted wage as a take-it-or-leave-it opportunity. Theories of wage formation point to substantial differences in labor-market equilibrium between bargained and posted wages. We surveyed a representative sample...
Persistent link: https://www.econbiz.de/10008610979
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Die Arbeitslosenversicherung in Deutschland – Beitrag zur Bekämpfung oder Ursache von Arbeitslosigkeit
Breiding, Torsten - Volkswirtschaftliche Fakultät, … - 2006
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 … die Aufgabe einer Arbeitslosenversicherung die soziale Absicherung im Falle einer möglichen, temporären Arbeitslosigkeit …
Persistent link: https://www.econbiz.de/10008622251
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The Labor Market Four Years Into the Crisis: Assessing Structural Explanations
Rothstein, Jesse - National Bureau of Economic Research (NBER) - 2012
Four years after the beginning of the Great Recession, the labor market remains historically weak. Many observers have concluded that "structural" impediments to recovery bear some of the blame. This paper reviews such structural explanations. I find that there is little evidence supporting...
Persistent link: https://www.econbiz.de/10011188535
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Wage Dispersion in the Search and Matching Model with Intra-Firm Bargaining
Mortensen, Dale T. - National Bureau of Economic Research (NBER) - 2009
Matched employer-employee data exhibits both wage and productivity dispersion across firms and suggest that a linear relationship holds between the average wage paid and a firm productivity. The purpose of this paper is to demonstrate that these facts can be explained by a search and matching...
Persistent link: https://www.econbiz.de/10004991959
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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 Role of Wage and Skill Differences in US-German Employment Differences.
Freeman, Richard B.; Schettkat, Ronald - In: Journal of Economics and Statistics (Jahrbuecher fuer … 219 (1999) 1+2, pp. 49-66
more than unemployment rates by skill levels and overall; German and US relative pay by level of skill was similar in 1970 …
Persistent link: https://www.econbiz.de/10008596518