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USA, the major problem of most European countries is the high rate of unemployment of the low skilled. To integrate … currently discussed determinants of wage distribution and unemployment into a common context, labor unions and qualification … unemployment rates and a wage dispersion affected by production technology, wage setting procedure, and qualification structure of …
Persistent link: https://www.econbiz.de/10010291688
conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability … individuals who are initially not employed respond more to high local unemployment rates by starting businesses than wage … influences resulting in higher levels of business creation. Using the regression estimates for the local unemployment rate …
Persistent link: https://www.econbiz.de/10010291884
-setting mechanisms and the cyclicality of unemployment in Euroland. We find that in the 1990s unemployment cyclicality has been higher in … still offer a convincing explanation for a significant part of Euroland's problem of persistently high unemployment. There …
Persistent link: https://www.econbiz.de/10010291917
equate the expected urban wage (given a downward rigid real wage in the urban sector) to the real wage. Unemployment is … endogenously determined. Interpreting unemployment as damage, urban pollution (damage denoted in units of labour) can also support … the same equilibrium with the value of damage equal to the value of resources otherwise lost through unemployment. However …
Persistent link: https://www.econbiz.de/10010291995
Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …
Persistent link: https://www.econbiz.de/10010292036
-wanted ads and an unemployment subsidy, is highly contractionary. However, it leads to large welfare gains. The policy also plays …
Persistent link: https://www.econbiz.de/10010292153
This paper constructs a theory of the coexistence of fixed-term and permanent employment contracts in an environment with ex ante identical workers and employers. Workers under fixed-term contracts can be dismissed at no cost while permanent employees enjoy labor protection. In a labor market...
Persistent link: https://www.econbiz.de/10010292231
costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …
Persistent link: https://www.econbiz.de/10010292491
comparatively weak, we develop a model that identifies distributional consequences of unemployment with their importance conditional …-income countries, well-being significantly depends on income, in highincome countries on the unemployment-related Gini. Insofar, our …
Persistent link: https://www.econbiz.de/10010292647
Germany reveals that start-up activities are positively influenced by unemployment rates and that the cyclical component of … of low and high unemployment periods reveals a low unemployment retard effect. …
Persistent link: https://www.econbiz.de/10010292674