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In this paper we suggest an alternative approach to testing for the dual structure of the labour market. The novelty of the suggested approach is that rather than considering wage determination we concentrate on the turnover. To perform the test we suggest using a latent class count data...
Persistent link: https://www.econbiz.de/10013319071
Focusing on the cost-reducing motive behind the use of temporary agency employment, this paper aims at providing a better theoretical understanding of the effects of temporary agency work on the wage-setting process, trade unions' rents, firms' profits and employment. It is shown that trade...
Persistent link: https://www.econbiz.de/10010472489
Focusing on the cost-reducing motive behind the use of temporary agency employment, this paper aims at providing a better theoretical understanding of the effects of temporary agency work on the wage-setting process, trade unions' rents, firms' profits and employment. It is shown that trade...
Persistent link: https://www.econbiz.de/10010502782
Persistent link: https://www.econbiz.de/10000590440
Fixed-term contracts (FTCs), an important feature of the employment relationship of the peripheral workforce, are … peripheral workforce to adjust the level of employment to the profit maximising level in case of demand fluctuations. (ii) Thanks … to the utilisation of FTCs, the core workforce is less exposed to employment adjustment. Both hypotheses are supported by …
Persistent link: https://www.econbiz.de/10003817915
This research extends simple two-sector models in order to inquire the impact of the extent of coverage or enforcement of minimum wage legislation in one of the sectors on the equilibrium outcome. Two versions of institutional wage avoidance are presented. They may be seen as representing...
Persistent link: https://www.econbiz.de/10011524841
This research extends simple two-sector models in order to inquire the impact of the extent of coverage or enforcement of minimum wage legislation in one of the sectors on the equilibrium outcome. Two versions of institutional wage avoidance are presented. They may be seen as representing...
Persistent link: https://www.econbiz.de/10011524877
This paper examines the effect of skill-biased technological change on the structure of wages, the composition of employment and the level of unemployment in a two-sector economy with a heterogenous work force. Efficiency wage considerations and minimum wage legislation lead to labor market...
Persistent link: https://www.econbiz.de/10012781621
The paper analyzes the role of labor market segmentation and relative wage rigidity in the transmission process of macroeconomic shocks in a two-sector optimizing model of a small open economy. The analysis is first conducted in the context of perfect intersectoral labor mobility. The discussion...
Persistent link: https://www.econbiz.de/10012781653