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productivity shocks, wage rigidity, and two-sided lack of commitment. Due to the non-Coasean nature of labor contracts, inefficient …
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We construct a theoretical model of labor markets with human capital accumulation to understand and quantify the earnings losses for young workers generated by unemployment: unemployment represents time forgone in terms of human capital accumulation, which adversely affects long-term income...
Persistent link: https://www.econbiz.de/10011389663
Aufgrund der nach wie vor äußerst unbefriedigenden Lage auf dem Arbeitsmarkt wird intensiv nach Lösungen gesucht, diese Situation zu verbessern. Dabei sind, nicht zuletzt aufgrund ihrer geschichtlichen Entstehung als "Kinder der Not" (Marburger Bank o. J.), auch die Genossenschaften in den...
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The paper discusses the problem of the workers' co-operatives, a form of work organization which expanded very quickly in Brazil during the 90's. Its growth is seen in connection with the contemporary changes in technology and production that resulted in increasing rates of unemployment and in...
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