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The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
Persistent link: https://www.econbiz.de/10010495336
We incorporate a wage bargaining structure in a dynamic general equilibrium model and show how this feature changes short and long-run properties of equilibria compared with a perfectly competitive setting. We discuss how employment, capital, and income shares respond to wage setting shocks and...
Persistent link: https://www.econbiz.de/10011419073
The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …
Persistent link: https://www.econbiz.de/10010300343
. Furthermore, a comparison with Namibia and South Africa is done. To make an inference on unemployment rate by age and gender, it … surpassed total unemployment in 2016. Botswana was found to have a more stable labour market in comparison with Namibia and …This paper analyses Botswana labour market trends, specifically unemployment rate, over a period between 2000 and 2016 …
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This article investigates how changing production processes and increasing market power at the firm level relate to a fall in Germany’s manufacturing sector labour share. Coinciding with the fall of the labour share, I document a rise in firms’ product and labour market power. Notably,...
Persistent link: https://www.econbiz.de/10011975260
In our increasingly interconnected and open world, international migration is becoming an important socio-economic phenomenon for many countries. Since the early 1980s, many studies have been undertaken of the impact of immigration on host labour markets. Borjas (2003) noted that the estimated...
Persistent link: https://www.econbiz.de/10010325439
market outcomes: wages, employment, unemployment and labour force participation. We compare 45 primary studies published …
Persistent link: https://www.econbiz.de/10010268868