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Social networks, or “job-referral” networks, can help make labor markets become more efficient. Outside the firm, they help workers obtain employment after displacement and secure higher-paying jobs. They can also match highly-skilled workers to more productive employment. Inside the firm,...
Persistent link: https://www.econbiz.de/10011573694
share of long-term unemployment. The rise in unemployment and its persistently high level have been blamed, both in Italy … Italy. In particular, the existence of high wage floor -- either set through statutory minimum wages or by collective … of unemployment. An additional dimension of "segmentation" also characterises the Italian labour market, notably the 30 …
Persistent link: https://www.econbiz.de/10011608629
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
, employer change, quits, training, wages, and job satisfaction). …
Persistent link: https://www.econbiz.de/10010268600
knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10010262477
determinant of unemployment, it seems reasonable to expect that long-discovered systemic differences in unemployment across groups …
Persistent link: https://www.econbiz.de/10010494690
It is commonplace in the debate on Germany?s labor market problems to argue that high unemployment and low wage … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of …
Persistent link: https://www.econbiz.de/10010297414
increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …
Persistent link: https://www.econbiz.de/10010321785
stabilised since then. The first part of the paper aims to describe the regional differentiation in wages and unemployment on the … coefficient of the unemployment elasticity of wages equals 0.08, which can be considered as evidence of the existence of the wage … descriptive method basis. The other part of the study attempts to explain the differences in wages by an econometric model. We …
Persistent link: https://www.econbiz.de/10010322314
relative wage of the skilled. Increasing unemployment results only for a restrictive assumption about labor market rigidities. …
Persistent link: https://www.econbiz.de/10010333017