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relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …
Persistent link: https://www.econbiz.de/10010297721
relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …
Persistent link: https://www.econbiz.de/10010262433
bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … shocks, and, hence, the labor market effects of immigration. We employ a wage-setting approach which assumes that wages … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK …
Persistent link: https://www.econbiz.de/10010287680
the reduced earnings, work hours, and wages of these displaced workers can be attributed to factors specific to pre- and … panel data from Washington State assembled from 2002-2014 administrative wage and unemployment insurance (UI) records. Three … deficit of displaced workers can be attributed roughly 40 percent to reduced hourly wages and 60 percent to reduce work hours …
Persistent link: https://www.econbiz.de/10012059530
's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of … pay and the local unemployment rate - in modern U.S. data. Consistent with recent evidence from more than 40 other … job-finding is lower in states with higher unemployment, and (iii) employees are less happy in states that have higher …
Persistent link: https://www.econbiz.de/10010267487
For nearly 50 years academics have been studying how labor markets affect crime. The initial interesting and important theoretical and empirical work generated substantial interest in studying crime among economists, in particular, and scholars in the social sciences more broadly. This...
Persistent link: https://www.econbiz.de/10010269828
(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …
Persistent link: https://www.econbiz.de/10010274904
of the results indicating positive effects. Thus far, this kind of analysis has not been performed for Poland and it … Poland: innovations and job creation, innovations and the skill structure of employment innovations, and wage formation. The … labour demand in Poland. We have however found a positive and statistically significant relationship between the level of …
Persistent link: https://www.econbiz.de/10011430839
distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment … and inflation rates. Building on the lessons from recent advances in time-series econometrics, we suggest instead that one …
Persistent link: https://www.econbiz.de/10010262571
abatement of pollution. A decline in average labor taxes reduces unemployment if it generates lower pretax wages. Pretax wages … progressivity. Economic theory suggests that higher progressivity could reduce unemployment. Suppose that wages are bargained over …Public finance solutions to high unemployment in Europe have often been advocated during the past years. With …
Persistent link: https://www.econbiz.de/10011335701