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Can education save Europe from high unemployment?
Walter, Nicole (contributor); Xie, Runli (contributor) - 2008
model with search-and-matching frictions, collective bargaining and monopolistic competition in the product market. Workers …
Persistent link: https://www.econbiz.de/10003727509
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Bismarck versus Beveridge : which unemployment compensation system is more prone to labor market shocks?
Beissinger, Thomas; Büsse, Oliver - 2001
Based on a model with imperfectly competitive labor and product markets the real consequences of labor market shocks for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive feature of the analysis is the comparison of both...
Persistent link: https://www.econbiz.de/10011403752
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The Dynamics of Power in Labor Markets : Monopolistic Unions Versus Monopsonistic Employers
Dodini, Samuel; Salvanes, Kjell G.; Willén, Alexander - 2022
This paper brings together the modern research on employer power and employee power by empirically examining the effects of unionization on worker earnings, employment, and inequality across differently concentrated markets. Exploiting national tax reforms to union membership dues as exogenous...
Persistent link: https://www.econbiz.de/10014243910
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Wage bargaining, employment, and union power : the right-to-manage approach
Böhm, Volker; Claas, Oliver - 2014
This paper analyzes the implications of right-to-manage wage bargaining between a producers' syndicate and a workers' union representing finite numbers of identical members in a monetary macroeconomic model of the AS-AD type with government activity. At given prices and price expectations,...
Persistent link: https://www.econbiz.de/10010239909
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Evaluating the search and matching model with sticky wages
Reicher, Christopher Phillip - 2010
Several authors have proposed staggered wage bargaining as a way to introduce sticky wages into search and matching … a series of estimated shocks from US data into a search and matching model with sticky prices and wages. I compare the … cycle volatility and matching the lack of a long-run relationship between vacancy creation and inflation. With regard to …
Persistent link: https://www.econbiz.de/10008905754
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Matching labor's share in a search and matching model
Reicher, Christopher Phillip - 2011
growth and labor's share is puzzling. I argue otherwise. A search and matching model with infrequently bargained nominal … Nash bargaining ; inflation ; productivity ; search and matching ; labor share …
Persistent link: https://www.econbiz.de/10009299014
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Human capital dynamics and the U.S. labor market
Fang, Lei; Nie, Jun - 2014
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/10010240062
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Reflections on wage-setting
Zimmermann, Klaus F. - 2018
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
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Family Heterogeneity, Human Capital Investment, and College Attainment
Blandin, Adam - 2020
From 1995 to 2015, the aggregate college completion rate in the US increased from 22.9% to 33.5%. Yet, completion trends differed markedly for individuals from different family backgrounds. This paper considers the extent to which trends in college preparedness contributed to the growth in...
Persistent link: https://www.econbiz.de/10012823272
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Efficient wage bargaining in a dynamic macroeconomic model
Böhm, Volker; Claas, Oliver - 2012
This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union representing a finite number of identical workers in a monetary macroeconomic model of the AS--AD type with government activity. Wages and aggregate employment levels are set...
Persistent link: https://www.econbiz.de/10009514990