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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/10011253051
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. …
Persistent link: https://www.econbiz.de/10010369075
fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …-participation matters for the understanding of unemployment volatility but also for the comprehension of the volatility on informality. (iv …
Persistent link: https://www.econbiz.de/10012415847
informality are not countercyclical, but, if anything, pro-cyclical. Together, these challenge the conventional wisdom that has …
Persistent link: https://www.econbiz.de/10013325140
The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between vacancies and unemployed workers. This paper studies the...
Persistent link: https://www.econbiz.de/10013414379
Labor market segmentation refers to a salient divide between secure and insecure jobs and is related to problems in important areas, including macro‐economic efficiency, workers' wellbeing and repercussions for social cohesion. European countries have started a new wave of labor market reforms...
Persistent link: https://www.econbiz.de/10011455858
In this paper, I study the wage a firm sets to attract high abilityworkers (hipo's) in situationsof unemployment. I show that the higher unemployment, the larger afirm's incentives to sorthigh and low ability workers. Moreover, workers will signal their(high) ability in situationsof (high)...
Persistent link: https://www.econbiz.de/10011303310
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using data for 16 countries from the European Social Survey...
Persistent link: https://www.econbiz.de/10010528571
Labor market segmentation refers to a salient divide between secure and insecure jobs and is related to problems in important areas, including macro-economic efficiency, workers’ well-being and repercussions for social cohesion. EU-28 countries have started a new wave of labor market reforms...
Persistent link: https://www.econbiz.de/10011840620
Economists increasingly refer to monopsony power to reconcile the absence of negativeemployment effects of minimum wages with theory. However, systematic evidence for themonopsony argument is scarce. In this paper, I perform a comprehensive test of monop-sony theory by using labor market...
Persistent link: https://www.econbiz.de/10012793056