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employee earnings in U.S. local labor markets. Between 1999 and 2017, common ownership in local labor markets has more than … doubled. Panel regressions show that employee earnings in a local labor market are negatively associated with common ownership …&P 500 index, the average annual earnings per employee of its local competitors decreases relative to the counterfactual. The …
Persistent link: https://www.econbiz.de/10013278876
features labor and capital market segmentation, and it is calibrated to replicate the saving rates, wealth inequality and …
Persistent link: https://www.econbiz.de/10011290050
regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage … micro data and evaluate the labo market and welfare effects of policies towards informality. -- Informality ; Unemployment …
Persistent link: https://www.econbiz.de/10009627561
regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage … micro data and evaluate the labor market and welfare effects of policies towards informality …
Persistent link: https://www.econbiz.de/10013101150
regulation. On the other hand informality may reduce the amount of social protection offered to workers. We extend the wage … micro data and evaluate the labor market and welfare effects of policies towards informality …
Persistent link: https://www.econbiz.de/10013100382
We develop a model where formal sector firms pay tax and informal ones do not, but informal firms risk incurring the penalty associated with non-compliance. Workers may enter self-employment or search for jobs as employees. Workers with higher managerial skills will run larger firms while...
Persistent link: https://www.econbiz.de/10010283989
Suppose insiders use their market power to push up their wages, while entrants receive their reservation wages. How will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an insider wage hike reduces recession-time employment but, in...
Persistent link: https://www.econbiz.de/10010265593
This article is an idiosyncratic survey of the insider-outsider theory, describing the vision underlying the theory, and evaluating salient contributions to the literature in the light of this vision. We also indicate what appear to have been dead-ends and red herrings in past research. The...
Persistent link: https://www.econbiz.de/10010292491
This article is an idiosyncratic survey of the insider-outsider theory, describing the vision underlying the theory, and evaluating salient contributions to the literature in the light of this vision. We also indicate what appear to have been dead-ends and red herrings in past research. The...
Persistent link: https://www.econbiz.de/10011412195
Suppose insiders use their market power to push up their wages, while entrants receive their reservation wages. How will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an insider wage hike reduces recession-time employment but, in...
Persistent link: https://www.econbiz.de/10011413583