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on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10005761932
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10004984879
Using 1979-2011 Current Population Survey data for the United States and 1975-2011 New Earnings Survey data for Great Britain, we study wage behavior in both countries, with particular attention to the Great Recession. Real wages are procyclical in both countries, but the procyclicality of real...
Persistent link: https://www.econbiz.de/10010969431
Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...
Persistent link: https://www.econbiz.de/10005233804
Matched employer-employee data exhibits both wage and productivity dispersion across firms and suggest that a linear relationship holds between the average wage paid and a firm productivity. The purpose of this paper is to demonstrate that these facts can be explained by a search and matching...
Persistent link: https://www.econbiz.de/10004991959
This paper analyzes the effects of fixed-term contracts using a version of the Lucas and Prescott island model with undirected search. A fixed-term contract of length J is modeled as a tax on separations of workers with tenure higher than J . While in principle these policies require a very...
Persistent link: https://www.econbiz.de/10005710122
Some workers bargain with prospective employers before accepting a job. Others could bargain, but find it undesirable, because their right to bargain has induced a sufficiently favorable offer, which they accept. Yet others perceive that they cannot bargain over pay; they regard the posted wage...
Persistent link: https://www.econbiz.de/10005829126
Some workers bargain with prospective employers before accepting a job. Others face a posted wage as a take-it-or-leave-it opportunity. Theories of wage formation point to substantial differences in labor-market equilibrium between bargained and posted wages. We surveyed a representative sample...
Persistent link: https://www.econbiz.de/10008610979
Abstract German (English abstract is added below) Arbeitslosigkeit gilt als eines der schwerwiegendsten … Arbeitslosigkeit, für die anhaltende Beschäftigungskrise vor? Und in welchem Umfang hat das deutsche Sozial- und Wohlfahrtssystem zu … die Aufgabe einer Arbeitslosenversicherung die soziale Absicherung im Falle einer möglichen, temporären Arbeitslosigkeit …
Persistent link: https://www.econbiz.de/10008622251
Four years after the beginning of the Great Recession, the labor market remains historically weak. Many observers have concluded that "structural" impediments to recovery bear some of the blame. This paper reviews such structural explanations. I find that there is little evidence supporting...
Persistent link: https://www.econbiz.de/10011188535