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Non-Accelerating Wage Inflation Rate of Unemployment in Poland
Budnik, Katarzyna Barbara - 2008
The model of the wage bargaining constitutes a framework for calculation of the NAWRU in Poland. The approach used in the paper let me trace changes of the natural unemployment rate in Poland in the context of structural changes in the economy in the last decade. Moreover, I introduced the...
Persistent link: https://www.econbiz.de/10014214119
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Revisiting the Relationship between Unemployment and Wages
Gallipoli, Giovanni - 2016
We investigate the empirical relationship between wages and labor market conditions. Following work histories in the … NLSY79 we document that the relationship between wages and unemployment rate differs across occupations. The results hold … after controlling for unobserved match quality. This suggests that evidence about history-dependence of wages obtained from …
Persistent link: https://www.econbiz.de/10012998829
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Cyclical earnings, career and employment transitions
Carrillo-Tudela, Carlos; Visschers, Ludo; Wiczer, David - 2022
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013390926
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Cyclical earnings, career and employment transitions
Carrillo-Tudela, Carlos; Visschers, Ludo; Wiczer, David - 2022
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10013412799
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Active labor market policies
Crépon, Bruno; Berg, Gerard J. van den - 2016
individuals out of work. Many observational evaluation studies have been published. In this review, we critically assess policy …
Persistent link: https://www.econbiz.de/10011580552
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Active labor market policies
Crépon, Bruno; Berg, Gerard J. van den - 2016
individuals out of work. Many observational evaluation studies have been published. In this review, we critically assess policy …
Persistent link: https://www.econbiz.de/10011598126
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Investment, current account and the long swings of employment
Hoon, Hian Teck; Katsime, Margarita - 2018
We estimate the relationship between investment and unemployment over the time period 1960-2015 in 20 OECD countries. While neoclassical growth theory typically assumes full employment – with no effect of investment on unemployment – we find that over our sample period covering more than...
Persistent link: https://www.econbiz.de/10014306515
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Collective Bargaining, Firm Heterogeneity and Unemployment
Jimeno, Juan F. - 2014
We compare labor market outcomes under firm-level and sector-level bargaining in a one-sector mortensen-pissarides economy with firm-specific productivity shocks. Our main theoretical results are twofold. First, unemployment is lower under firm-level bargaining second, introducing efficient...
Persistent link: https://www.econbiz.de/10013067053
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Market Power, Growth and Unemployment
Peretto, Pietro F. - 2008
Unemployment occurs because workers and firms have control over wages and prices. The exercise of market power over … wages interacts with its exercise over prices. Understanding this interaction sheds new light on the effects of policy …
Persistent link: https://www.econbiz.de/10012728356
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China's Labor Market in the 'New Normal'
Lam, W. Raphael - 2015
As China implements reforms under the “new normal,” maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth...
Persistent link: https://www.econbiz.de/10013016606