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unemployment. Underemployment constitutes another important adjustment channel, while the evidence for informal employment is more …
Persistent link: https://www.econbiz.de/10011674485
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010238837
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010369825
models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …
Persistent link: https://www.econbiz.de/10010355704
the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …
Persistent link: https://www.econbiz.de/10012206513
The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between vacancies and unemployed workers. This paper studies the...
Persistent link: https://www.econbiz.de/10013414379
suggest that regional mismatch did not play an important role in explaining movements of aggregate unemployment. Across … industries and occupations, there was a decrease in mismatch unemployment from over 5 percent to below 4 percent (on the highest … disaggregation level), whereas the share of mismatch unemployment (across industries and occupations) within total unemployment …
Persistent link: https://www.econbiz.de/10009788092
overly long unemployment durations. We examine the influence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10011051684
Persistent link: https://www.econbiz.de/10001781253
It is often argued that informal labor markets in developing countries promote growth by reducing the impact of regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage-posting framework of Burdett and Mortensen (1998) to allow...
Persistent link: https://www.econbiz.de/10011253051