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How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and …
Persistent link: https://www.econbiz.de/10012022569
of labor market programs on youth employment. We find that the slump in the 1990s has been associated with dramatic … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … for labor by skill attributable to technological innovation. The employment crisis has been met by an unprecedented …
Persistent link: https://www.econbiz.de/10011588179
We examine the impacts of the minimum wage on employment using the minimum-wage hike induced by the introduction of … find that the minimum-wage hike raised the wages of low-wage workers, but reduced the employment of less-educated young men …
Persistent link: https://www.econbiz.de/10012431186
We examine the impacts of the minimum wage on employment using the minimum-wage hike induced by the introduction of … find that the minimum-wage hike raised the wages of low-wage workers, but reduced the employment of less-educated young men …
Persistent link: https://www.econbiz.de/10013248068
In this study we examine the contribution of severance pay to employment and unemployment development using data on … indication of adverse effects for (the three) other employment outcomes identified here. Moreover, with the possible exception of …
Persistent link: https://www.econbiz.de/10010261645
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only occasionally renegotiated. We argue that one source of the...
Persistent link: https://www.econbiz.de/10011452214
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only occasionally renegotiated. We argue that one source of the...
Persistent link: https://www.econbiz.de/10012999021
This study examines the influence of the statutory minimum wage on labor demand elasticities regarding low-skilled workers. For this, a regression discontinuity analysis is conducted using company panel data from 2013 to 2018. In addition, a possible endogeneity of the remuneration for...
Persistent link: https://www.econbiz.de/10012300027
match formation. Distortions and frictions reduce employment, average firm size, and GDP per capita. They also affect how …
Persistent link: https://www.econbiz.de/10013170860
school graduates accumulated 2.8 quarters more private employment. However, because they substitute private for public and … self-employment, overall employment does not increase but is still better paid. For high school dropouts, no persistent …
Persistent link: https://www.econbiz.de/10014244086