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How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate … a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and … convex adjustment costs. From this model, we derive a structural equation for employment that we estimate on firm-level data …
Persistent link: https://www.econbiz.de/10010127990
Persistent link: https://www.econbiz.de/10010483876
Rural Employment Guarantee Act (NREGA). Using a life cycle model, we argue that a long wage payment lag in this flagship … employment options. Empirical evidence based on primary data lends support to our key theoretical prediction that wage payment …
Persistent link: https://www.econbiz.de/10012198891
employment level at treatment firms was 12% higher than at control firms. The intervention decreased the perception that labor … regulation is a constraint to hiring and increased optimal employment level. …
Persistent link: https://www.econbiz.de/10012254266
This paper analyzes employment in Bolivian registered manufacturing firms during 1988 to 2007, establishing its … regulation costs) are those with both higher job reallocation rates and higher net employment growth, and only they contributed … to employment growth during the country economic downturn, 1998-1999. In addition, estimating demand functions, we find …
Persistent link: https://www.econbiz.de/10010326917
level and employment is determined by labor demand. To compare these models we estimate an encompassing equation for net job …
Persistent link: https://www.econbiz.de/10003319548
scenario where we abstain from employment effects, the pay differential is reduced by 2.5 percentage points from 19.6 % to 17 …
Persistent link: https://www.econbiz.de/10011280833
scenario where we abstain from employment effects, the pay differential is reduced by 2.5 percentage points from 19.6 % to 17 …
Persistent link: https://www.econbiz.de/10011287026
level and employment is determined by labor demand. To compare models, we estimate an encompassing equation for net job …
Persistent link: https://www.econbiz.de/10003371770
the empirical relevance of search-matching theory to efficiency wage and bargaining theories, where employment is …
Persistent link: https://www.econbiz.de/10012778561