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In this paper a simultaneous-equations model of firm closing and wage determination is specified in order to analyse how wages adjust to unfavorable product demand shocks that raise the risk of displacement through firm closing, and to what extent an exogenous wage change affects the exit...
Persistent link: https://www.econbiz.de/10009640400
The Directorate-General Justice in the European Commission is working on a follow-up to the 2012 Communication of the Commission on “A new approach to business failure and insolvency” and the 2013 public consultation on the same topic. Against this background a study has been commissioned to...
Persistent link: https://www.econbiz.de/10011624889
This report looks at industrial relations practices regarding health and safety strategies in the European steel sector. The findings are based on desk research and a comparative analysis of company practices in three company case studies: ArcelorMittal in France, Rautaruukki in Finland and...
Persistent link: https://www.econbiz.de/10010368034
On the face of it, Austria’s labour market performs very well, which is reflected in one of the lowest unemployment … rates in the EU. However, while many of the euro area members have recently succeeded in reducing unemployment, the Austrian …. In addition the unemployment statistics are distorted by the relatively low labour force participation of older workers …
Persistent link: https://www.econbiz.de/10009661734
feature of the Finnish economy compared with that of Sweden and Denmark is the higher level of unemployment. In the early 1990 … adapt. The spectacular recovery of the Finnish economy has pushed up labour demand. While unemployment has fallen back from …
Persistent link: https://www.econbiz.de/10009668588
Persistent link: https://www.econbiz.de/10009668589
[...] this report will show the value of the jobs approach in analysing the changing structure of employment in the two turbulent years of the Great Recession.
Persistent link: https://www.econbiz.de/10011902453
The report describes the impact of the ‘great recession’ on employment and the job structure in the EU27. Quintile charts are used to give a simple, graphical representation of the extent of employment change in a given period as well as an indication of how that change has been distributed...
Persistent link: https://www.econbiz.de/10011902472
trend rates. Unemployment notably continues to rise and its pace of increase has accelerated in the most recent quarter to …
Persistent link: https://www.econbiz.de/10012023019
Persistent link: https://www.econbiz.de/10012098331