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The establishment of appropriate policy measures for fighting unemployment has always been difficult since causes of unemployment are hard to identify. This paper analyses an approach used mainly in the 1960s and 1970s in economics, in which classification is used as a way to deal with such a...
Persistent link: https://www.econbiz.de/10010325353
Nancy Cartwright views models as blueprints for nomological machines - machines which, if properly shielded, generate lawlike behaviour or regularities. Marcel Boumans has argued that we can look for devices inside models which enable us to measure aspects of these regularities. So, if models do...
Persistent link: https://www.econbiz.de/10010325381
employment of the capital-exporting country. It also looks at whether competition between countries necessarily results in a race …
Persistent link: https://www.econbiz.de/10010273170
respond with higher performance. Workers respond not only to wages but also to firms' intentions concerning fairness …
Persistent link: https://www.econbiz.de/10009686478
market shares and (ii) a markdown of wages relative to marginal revenue product that depends on labor market shares. Both … and wages as well as the gains from trade using a general equilibrium model with heterogeneous firms. Firm-level prices … and wages are functions of two endogenous distortions: (i) a markup of price over marginal cost that depends on product …
Persistent link: https://www.econbiz.de/10012499508
methods to substantive and policy issues in labor economics. The first part of the chapter describes solution and estimation … methods for DCDP models using, for expository purposes, a prototypical female labor force participation model. The next part … reviews the contribution of the DCDP approach to three leading areas in labor economics: labor supply, job search and human …
Persistent link: https://www.econbiz.de/10014025129
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Persistent link: https://www.econbiz.de/10000445776
Well meaning employment regulation often backfires. When the law makes it risky for employers to hire, they may do less … of it. The current employment situation for Millennials - with its curious emphasis on unpaid internships as a prelude to … actual employment may be in part a response to the difficulties employers face in dismissing an employee who turns out to be …
Persistent link: https://www.econbiz.de/10012966622