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What makes workers happy? Here we argue that pure ?rank? matters. It is currently believed that wellbeing is determined partly by an individual?s absolute wage (say, 30,000 dollars a year) and partly by the individual?s relative wage (say, 30,000 dollars compared to an average in the company or...
Persistent link: https://www.econbiz.de/10010276086
Persistent link: https://www.econbiz.de/10009244676
What makes workers happy? Here we argue that pure 'rank' matters. It is currently believed that wellbeing is determined partly by an individual's absolute wage (say, 30,000 dollars a year) and partly by the individual's relative wage (say, 30,000 dollars compared to an average in the company or...
Persistent link: https://www.econbiz.de/10002654132
Persistent link: https://www.econbiz.de/10001210125
We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market institutions. We use differential changes in regulations across OECD countries over the 1980s and 1990s to identify the effects of competition. We find that increased product...
Persistent link: https://www.econbiz.de/10010293086
This paper combines two strains of the literature on the employment effects of deferred compensation. The first strain separates seniority and job matching wage effects on the basis of individual data, but cannot look at employment consequences. The second strain explains the employment...
Persistent link: https://www.econbiz.de/10010298049
It is theoretically clear and may be verified empirically that efficient financial markets can make it less necessary for policy to try and offset the welfare effects of labour income risk and unequal consumption dynamics. The literature has also pointed out that, since international competition...
Persistent link: https://www.econbiz.de/10010298380
Arbeitslosigkeit. Indem die Anspruchslöhne der Arbeitslosen erhöht werden, sollte die Arbeitslosenversicherung sowohl zu einer … anderen empirischen Studien, die nur den negativen Effekt der Dauer der Arbeitslosigkeit betrachten, werden im vorliegenden DP … Bereich der Lohnveränderungsverteilung nachweisen. Auf Kosten einer geringen Verlängerung der Dauer von Arbeitslosigkeit …
Persistent link: https://www.econbiz.de/10010303934
Persistent link: https://www.econbiz.de/10011294783
Public finance solutions to high unemployment in Europe have often been advocated during the past years. With unemployment concentrated among the young and unskilled, it has been suggested that the reduction of social security contributions for low wage earnings, financed by a carbon tax, could...
Persistent link: https://www.econbiz.de/10011335701