Showing 1 - 10 of 508
This paper explores the optimal design of subsidies for hiring unemployed workers (?employment vouchers? for short) in the context of a dynamic model of the labor market. Focusing on the short-term and long-term effects of the vouchers on employment and unemployment, the analysis shows how the...
Persistent link: https://www.econbiz.de/10008520261
Persistent link: https://www.econbiz.de/10008610199
Keynesian economics, labour cost has been set in the periphery of the theory, allowing labour relations to become a subject of … social-political regulation. By contrast, neoclassical economic theory and its successors place the cost of labour at the … core of the theory, which in turn means that any attempt to regulate labour relations by noneconomic criteria undermines …
Persistent link: https://www.econbiz.de/10011258546
Conventional models of earnings assume that the occupational pay structure reflects the distribution of marginal productivities. Although ubiquitious in the literature, the underlying hypothesis that wages equal marginal products rests on weak empirical footing: extant studies from the 1970s...
Persistent link: https://www.econbiz.de/10011011527
This article critically examines the theoretical arguments that underlie the literature linking personality traits to economic outcomes and provides empirical evidence indicating that labour market outcomes influence personality outcomes. Based on data from the German Socio-Economic Panel, we...
Persistent link: https://www.econbiz.de/10009371187
Dale T. Mortensen (born 1939) was awarded the Nobel Prize for Economics in 2010 jointly with Peter A. Diamond and Christopher A. Pissarides for his work on the analysis of markets with search frictions. Together, they developed the Diamond-Mortensen-Pissarides Model (DMP model): an equilibrium...
Persistent link: https://www.econbiz.de/10009364188
Conventional models of earnings assume that the occupational pay structure reflects the distribution of marginal productivities. Although ubiquitious in the literature, the underlying hypothesis that wages equal marginal products rests on weak empirical footing: extant studies from the 1970s...
Persistent link: https://www.econbiz.de/10009397226
"Ausgehend vom Mangel an umfassenden und geschlossenen Theorien des Arbeitsmarktes und seiner Teilbereiche sowie von Lücken der Arbeitsmarktforschung wird versucht, theoretische Grundlagen für die Beschreibung und Erklärung von Arbeitsmarktstrukturen und -prozessen zu schaffen und damit zur...
Persistent link: https://www.econbiz.de/10005533596
"Kombilöhne sind staatliche Transferzahlungen an Arbeitnehmer, die an die Aufnahme einer abhängigen, sozialversicherungspflichtigen Beschäftigung unterhalb einer bestimmten Lohnhöhe gebunden sind. Ziel ist u.a. die dauerhafte Reintegration wettbewerbsschwacher Arbeitsloser in...
Persistent link: https://www.econbiz.de/10005537142
labour market institutions. We use so-called models of unionised oligopolies which are borrowed from the theory of industrial …
Persistent link: https://www.econbiz.de/10010732010