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 …

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 …

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. …

level and employment is determined by labor demand. To compare these models we estimate an encompassing equation for net job …

scenario where we abstain from employment effects, the pay differential is reduced by 2.5 percentage points from 19.6 % to 17 …

scenario where we abstain from employment effects, the pay differential is reduced by 2.5 percentage points from 19.6 % to 17 …

level and employment is determined by labor demand. To compare models, we estimate an encompassing equation for net job …

the empirical relevance of search-matching theory to efficiency wage and bargaining theories, where employment is …

A reduction in the legal workweek may induce a degree of downward wage flexibility, while an employment subsidy to … firms accommodates downward wage rigidity. It may be possible, therefore, to increase employment with a policy that combines … a reduction in the workweek with an employment subsidy. In general, however, the long-run employment outcome is …