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In these tough economic times, employers have responded by pursuing four-day work weeks and other mechanisms that change the components of the standard five-day work week. Although four-day work weeks provide some savings in the form of reduced operating and energy costs and have received recent...
Persistent link: https://www.econbiz.de/10014196331
Over the past year or so, a conventional wisdom has developed about the status of the legal job market. This conventional wisdom has at least three components: (1) Recent graduates are getting law jobs at distressingly low levels. (2) The legal job market is undergoing a profound structural...
Persistent link: https://www.econbiz.de/10014158428
Standard economic analysis holds that labor market rigidities are harmful for job creation and typically increase unemployment. But many orthodox reforms of the labor market have proved difficult to implement because of political opposition. For these reasons it is important to explain why we...
Persistent link: https://www.econbiz.de/10014159141
Legislation concerning labour and social rights of migrant workers is one of the areas of Russian law which undergo at least minor changes almost every year. All these recent changes tend to have the same direction of narrowing the scope of options for a migrant to find a work in Russia, at...
Persistent link: https://www.econbiz.de/10014200386
This paper approaches the growing debate over the reform of U.S. immigration law and proposes a new model to regulate the influx of migrant workers. After briefly tracing the history of U.S. immigration law, the paper explores the role that immigrant labor plays in international trade,...
Persistent link: https://www.econbiz.de/10014213819
Scholars and other commentators widely assert that enforcement of contractual and other limitations on labor mobility deters innovation. Based on this view, federal and state legislators have taken, and continue to consider, actions to limit the enforcement of covenants not-to-compete in...
Persistent link: https://www.econbiz.de/10014032448
Will the internet, robotics and artificial intelligence mean a ‘jobless future'? A recent narrative, endorsed by prominent tech-billionaires, says we face mass unemployment, and we need a basic income. In contrast, this article shows why the law can achieve full employment with fair incomes,...
Persistent link: https://www.econbiz.de/10012900051
In this paper, I analyze the pros and cons of implementing structural reforms of the labor market in booms vs. recessions, in light of considerations of social efficiency, political viability, and macroeconomic fine tuning. While the optimal timing of a reform depends on the relative importance...
Persistent link: https://www.econbiz.de/10011414121
In most European countries, money wages are given in collective agreements or individual employment contracts, and the employer cannot unilaterally cut wages, even after the expiration of a collective agreement. Ceteris paribus, workers have a stronger bargaining position when they try to...
Persistent link: https://www.econbiz.de/10011398859
Will the internet, robotics and artificial intelligence mean a ‘jobless future'? A recent narrative, endorsed by prominent tech-billionaires, says we face mass unemployment, and we need a basic income. In contrast, this article shows why the law can achieve full employment with fair incomes,...
Persistent link: https://www.econbiz.de/10012900970