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Are "fair" wages quantitatively important for business cycle fluctuations in Bulgaria?

Vasilev, Aleksandar - 2018

We introduce "fair" wages in a general-equilibrium model where worker's effort is unobservable and investigate whether such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as documented in Lozev, Vladova, and Paskaleva (2011) and...

Persistent link: https://www.econbiz.de/10011974105

Are "fair" wages quantitatively important for business cycle fluctuations in Bulgaria?

Vasilev, Aleksandar - In: Národohospodářský obzor : časopis věnovaný … 20 (2020) 1, pp. 91-105

Persistent link: https://www.econbiz.de/10012242326

How cyclical is the user cost of labor?

Kudlyak, Marianna - 2024

In employment relationships, a wage is an installment payment on an implicit long-term agreement between a worker and a firm. The price of labor that impacts firm's hiring decisions, instead, reflects the hiring wage as well as the impact of economic conditions at the time of hiring on future...

Persistent link: https://www.econbiz.de/10014507553

The Unemployment Insurance Taxable Wage Base Mystery

Parsons, Donald O. - 2017

Unemployment insurance experts lament the low Federal taxable wage base (TWB), last increased to $7000 per worker in …

Persistent link: https://www.econbiz.de/10012950908

Job search and the age-inequality profile : conference paper

Marotzke, Petra - 2013

, the model captures the shapes of the empirically observed age profiles of average wages, the unemployment rate, the … unemployment to employment transition rate, and the employment to employment transition rate. …

Persistent link: https://www.econbiz.de/10010338396

A Matching Model of Non-Employment and Wage Pressure

Brigden, Andrew; Thomas, Jonathan P. - 2005

calibrated. The model is used to look at possible explanations for the recent sharp decline in the UK working-age unemployment … different shocks considered, the most plausible combination consists of a significant reduction in unemployment benefits …

Persistent link: https://www.econbiz.de/10014069430

Calvo Wages in a Search Unemployment Model

Bodart, Vincent - 2007

RBC models with search unemployment and wage renegotiation generate too much wage volatility and too stable … unemployment rate. Shimer (2004) shows that it is possible to reproduce a volatility of unemployment similar to that observed in … unemployment …

Persistent link: https://www.econbiz.de/10012777980

Spatial aggregation bias in wage curve and NAWRU estimation

Persyn, Damiaan - 2020

, compared to estimating at the underlying regional level. The distribution of regional unemployment rates within countries over … time is not mean-scaled. Regions with low unemployment rates are the main drivers of changes in aggregate unemployment. The … steepness of a log-linear wage curve in regions with low unemployment dominates at the aggregate (country) level, overestimating …

Persistent link: https://www.econbiz.de/10012206752

Does performance pay deter job quits?

Artz, Benjamin; Heywood, John S. - 2025

We use US longitudinal survey data to examine the role of performance pay (other than profit sharing) in worker quit decisions. We argue that performance pay should increasingly be viewed as an indicator of an internal labor market rather than of a simple contemporaneous incentive. Suggestive of...

Persistent link: https://www.econbiz.de/10015332817

Does self-employment pay? : the role of unemployment and earnings risk

Garcia-Cabo, Joaquin; Madera, Rocio - 2024

This paper documents the role of unemployment and earnings risk in reconciling evidence in payoff differentials between … the role of lower unemployment risk in self-employment. We decompose earnings risk dynamics by estimating a life …

Persistent link: https://www.econbiz.de/10014543846