Luego de alcanzar un pico histórico en 1986, el salario mínimo sufrió una caída estrepitosa, junto con el nivel medio de las remuneraciones, hasta inicios de los noventas. Sin embargo, desde mediados de los noventas se ha incrementado considerablemente, acercándose al nivel promedio de las...

The recession of 2008-9 inflicted a larger cumulative loss of UK output than any of the other postwar recessions. Nevertheless, employment rates remained higher than might have been expected given the experience of previous recessions. The main reasons for this appear to be a combination of high...

This paper presents a review of the theoretical and empirical literature on the effects of trade liberalization on the labor markets of developing countries. We discuss models which seek to explain the empirical finding that openness has increased wage inequality in several developing countries....

An important policy issue is whether the National Minimum Wage (NMW) introduced in Britain in April 1999, is a stepping stone to higher wages or traps workers in a low-wage no-wage cycle. In this paper we utilise the longitudinal element of the Labour Force Survey over the period 1999 to 2003 to...

After steady employment growth since the 1990s, Spain has experienced the sharpest increase in unemployment among OECD countries during the crisis, amplified by structural problems of the labour market. Very high de facto severance payment of permanent contracts has resulted in a rigid dual...

This paper reviews an investigation into the application of retention bonuses and labor market allowances in the central government sector in the Netherlands. On average, the supplements amount to approximately one (gross) monthly salary. They mainly accrue to males, who are highly educated,...

This book celebrates the life and work of Palle Schelde Andersen, a Danish economist who was for over two decades the main macroeconomist of the Bank for International Settlements (BIS). The book contains the papers and proceedings of a conference that was held at the BIS in Mr Andersen's honour...

This paper summarizes presentations at EBRI’s 65th biannual policy forum, held in Washington, DC, on Dec. 10, 2009, on the topic, “Employers, Workers, and the Future of Employment-Based Health Benefits.” The forum brought together a wide range of economic, benefits, management, and labor...

The paper discusses possible directions and magnitudes of the relationship between the social security driven tax wedge, employment and shadow employment in Russia and Ukraine. The first section presents a summary of the economic and institutional background for development of the current size...