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A widespread concern is that labor market institutions erode in the course of globalization, which, in turn, decreases … employment and wages. By using panel data and crosssectional data, I investigate the influence of globalization on labor market … regulation. I use the indicators of labor market institutions by Gwartney et al. (2012) and the KOF indices of globalization. To …
Persistent link: https://www.econbiz.de/10010627552
This paper proposes a multi-industry trade model with integrated capital markets and Mortensen and Pissarides search frictions in the labor market. Institutional changes in the model trigger adjustments at the intensive and extensive margin of labor demand. At the extensive margin a shift of the...
Persistent link: https://www.econbiz.de/10009416986
This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (Job Creation and Job Destruction in the Theory of Unemployment, 1994) give rise to unemployment and a channel for the government to...
Persistent link: https://www.econbiz.de/10010981404
Researchers have offered several explanations for the decline in unionization. Many emphasize that “globalization” and … unionization is the inevitable response to the twin forces of globalization and technology, then we would expect unionization rates … to follow a similar path in countries subjected to roughly similar levels of globalization and technology. This paper …
Persistent link: https://www.econbiz.de/10009364322
This paper investigates the relationship between political instability and labor market institutions. We develop a theoretical model in which some features of the political process, by reducing the future yields of policy interventions, induce an incumbent government to choose labor market...
Persistent link: https://www.econbiz.de/10010541269
This paper examines whether search and matching frictions in labor markets can account for cross-country differences in business cycle properties. The particular interest is the joint effect of two institutional variables, employment protection and the replacement income of unemployed workers. I...
Persistent link: https://www.econbiz.de/10010894498
The observation of highly regulated, but successful economies has given rise to the hypothesis of various viable models of labor market adaptability. The paper presents a quantitative indicator that tries to avoid a simplified flexibility-rigidity dichotomy and provides a detailed picture of the...
Persistent link: https://www.econbiz.de/10008514868
This paper tests economic impacts of labor market institutions on employment of OECD nations from the perspective of long-term unemployment rate (LUR) in order to alleviate endogeneity bias existed in the current literature on this topic, which is the root of the long-lasting debate over...
Persistent link: https://www.econbiz.de/10005406757
The current crisis, while of a global nature, has affected national labor markets to a varying extent. While some countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel with a significant decline in GDP. Our analysis shows...
Persistent link: https://www.econbiz.de/10008784843
This study examines the extent and influence of occupational licensing in the U.S. using a specially designed national labor force survey. Specifically, we provide new ways of measuring occupational licensing and consider what types of regulatory requirements and what level of government...
Persistent link: https://www.econbiz.de/10008839260