Showing 1 - 10 of 225
Persistent link: https://www.econbiz.de/10011294750
We explore the links between migration of labour and location specific (urban) pollution, suggesting a sense in which … pollution can be welfare improving. In a conventional Harris-Todaro model of urban-rural migration, individuals migrate so as to … endogenously determined. Interpreting unemployment as damage, urban pollution (damage denoted in units of labour) can also support …
Persistent link: https://www.econbiz.de/10010291995
This paper identifies a data-consistent, equilibrium model of unemployment, wage dispersion, quit turnover and firm growth dynamics. In a separating equilibrium, more productive firms signal their type by paying strictly higher wages in every state of the market. Workers optimally quit to firms...
Persistent link: https://www.econbiz.de/10010288937
Although the standard work week is longer in East than in West Germany, there is a higher incidence and average amount of unpaid overtime worked in the new states. We try to explain the striking differences in unpaid overtime by analyzing the labor supply side. We focus on the investment...
Persistent link: https://www.econbiz.de/10010296477
In my asymmetric-information model of layoffs, high-productivity workers are more likely to be recalled to their former employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a signal of productivity, and duration of...
Persistent link: https://www.econbiz.de/10010276359
We analyse the role that education signals play in the transition rates from unemployment to finding a job. We compare the results for Ethnic Germans with those for foreigners from the same origin countries and Native Germans. In the first case, the two have the same labour market access but...
Persistent link: https://www.econbiz.de/10010286661
Persistent link: https://www.econbiz.de/10011384982
Border regions are likely to play a critical role within the spatial dynamics initiated by the enlargement of the EU. This paper deals with the effects of integration on labour markets in border regions. Within the framework of different theoretical approaches, the effects of integration on...
Persistent link: https://www.econbiz.de/10011650612
We show that equilibrium involuntary unemployment emerges in a multi-stage game model where all market power resides with firms, on both the labour and the output market. Firms decide wages, employment, output and prices, and under constant returns there exists a continuum of subgame perfect...
Persistent link: https://www.econbiz.de/10010291913
Recent empirical evidence suggests that a positive technology shock leads to a decline in labor inputs. However, the standard real business cycle model fails to account for this empirical regularity. Can the presence of labor market frictions address this problem without otherwise altering the...
Persistent link: https://www.econbiz.de/10010292305