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employment levels during recessions. However, they can create inefficiency in the labor market, and might limit labor market …
Persistent link: https://www.econbiz.de/10010884429
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data are carried out in a multivariate framework for three sets of sectors....
Persistent link: https://www.econbiz.de/10005703692
respond endogenously. In general, this regulation benefits workers, both unemployed and employed (even if wages decrease), but …
Persistent link: https://www.econbiz.de/10005067610
and a working time regulation always worsens the labour market situation. …
Persistent link: https://www.econbiz.de/10005650138
We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10010948808
Commonly used frictional models of the labor market imply that changes in frictions have large effects on steady state …
Persistent link: https://www.econbiz.de/10005082544
This paper studies the reservation wages of unemployed persons and the wages offered them in Germany from 1987 to 1998, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation wages, offered wages decline considerably with...
Persistent link: https://www.econbiz.de/10005755168
This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non-static reservation wages using panel data from Germany from 1987 to 1998. The results suggest that reservation wages are relatively high in Germany compared to other countries....
Persistent link: https://www.econbiz.de/10005755186
number of themes which have emerged from research on causes of changes in labour market. …
Persistent link: https://www.econbiz.de/10004971371
We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10010818677