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Charters represent an expansion of public school choice, offering free, publicly funded educational alternatives to traditional public schools. One relatively unexplored research question concerning charter schools asks whether charter schools are more efficient suppliers of educational services...
Persistent link: https://www.econbiz.de/10010573407
This paper presents and tests a model that may partially explain why the demand for labor adapts to the availability of labor. In particular, I postulate that the cost of hiring declines with increases in the amount of labor available. The cost of hiring would decrease with a growth in available...
Persistent link: https://www.econbiz.de/10009558990
We provide new empirical evidence regarding the magnitude and the determinants of a firm's costs required to fill a … vacancy. The average costs required to fill a vacancy for a skilled worker in Switzerland amount to about 16 weeks of wage … payments. The main components of the vacancy costs are initially low productivity, the formal instruction of a new hire (53 …
Persistent link: https://www.econbiz.de/10011346605
The data indicate that non-wage labour costs in Germany have reached a record high in recent years. From 1972 to 2001 …, the ratio of non-wage labour costs to direct compensation in West German manufacturing industry rose from 55.6 per cent to … 81.2 per cent. The topic of non-wage labour costs is increasingly being discussed among and between the political parties …
Persistent link: https://www.econbiz.de/10011507925
's labor turnover costs (e.g. costs of hiring, training, and firing). In this context, labor turnover costs not only influence …
Persistent link: https://www.econbiz.de/10011412236
This paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on …-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over …
Persistent link: https://www.econbiz.de/10013319668
structure of labour adjustment costs by type of labour contract, using the methodology proposed by Goux, Maurin and Pauchet … production process, it does also this to meet long-run objectives such as implementing minimising costs innovations. It is … permanent employment. Finally, and as far as the structure of labour adjustment costs in Belgium is concerned, the marginal …
Persistent link: https://www.econbiz.de/10011597234
This paper uses a strategic bargaining framework to reassess the effect of dismissal costs in models of voluntary … models. Thus, dismissal costs can affect payoffs only if some exogenous event may force the firm to fire the worker despite … costs increase the specificity of the firm's capital and depress ex post expected profits. In any case, firing restrictions …
Persistent link: https://www.econbiz.de/10014181866
Firing costs are often blamed for unemployment. This paper investigates this widespread belief theoretically. The main … points are two. First, firing costs are introduced in an efficiency wage model to capture their effects on employment though … used: the view that firing costs reduce employment, the idea that firing costs are neutral on employment if markets are …
Persistent link: https://www.econbiz.de/10014159634
The global financial crisis and stiff market competition enhance risk exposures that raise debate on the cost of financial intermediation and the supremacy of banks' efficiency. This study examines the concurrent effects of bank risk, efficiency and cost of financial intermediation of...
Persistent link: https://www.econbiz.de/10013184225