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Effective labor regulation and microeconomic flexibility
Caballero, Ricardo J.; Cowan, Devin N.; Engel, Eduardo; … - 2004
Microeconomic flexibility, by facilitating the process of creative-destruction, is at the core of economic growth in modern market economies. The main reason for why this process is not infinitely fast is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10011607672
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Effective Labor Regulation and Microeconomic Flexibility
Caballero, Ricardo J.; Engel, Eduardo M. R. A.; Cowan, Kevin - 2011
Microeconomic flexibility is at the core of economic growth in modern market economies because it facilitates the process of creative-destruction, The main reason why this process is not infinitely fast, is the presence of adjustment costs, some of them technological, others institutional. Chief...
Persistent link: https://www.econbiz.de/10014070107
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Happiness, habits and high rank: Comparisons in economic and social life
Clark, Andrew E. - 2011
The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10010280689
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Do firms demand temporary workers when they face workload fluctuation? : cross-country firm-level evidence on the conditioning effect of employment protection
Dräger, Vanessa; Marx, Paul - 2012
Although the negative economic effects of temporary employment are widely discussed, cross-country research on firms' demand for temporary employment is rare. National studies indicate that workload fluctuations are one major motive for firms to employ temporary workers. By studying a novel data...
Persistent link: https://www.econbiz.de/10009629715
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Do Firms Demand Temporary Workers When They Face Workload Fluctuation? Cross-Country Firm-Level Evidence on the Conditioning Effect of Employment Protection
Dräger, Vanessa - 2012
Although the negative economic effects of temporary employment are widely discussed, cross-country research on firms' demand for temporary employment is rare. National studies indicate that workload fluctuations are one major motive for firms to employ temporary workers. By studying a novel data...
Persistent link: https://www.econbiz.de/10013099406
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The Wage Curve after the Great Recession
Blanchflower, David G.; Bryson, Alex; Spurling, Jackson - 2022
Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … stagnant for some time. We show that unemployment is not key to understanding wage formation in the USA and hasn t been since …
Persistent link: https://www.econbiz.de/10014078744
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Earnings Business Cycles : The COVID Recession, Recovery, and Policy Response
Larrimore, Jeff; Mortenson, Jacob; Splinter, David - 2023
attributable to larger Covid-era stimulus payments and unemployment insurance …
Persistent link: https://www.econbiz.de/10014354830
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Earnings Business Cycles : The Covid Recession, Recovery, and Policy Response
Larrimore, Jeff; Mortenson, Jacob; Splinter, David - 2023
attributable to larger Covid-era stimulus payments and unemployment insurance …
Persistent link: https://www.econbiz.de/10014256334
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Skill-biased technological change, unemployment and brain drain
Fadinger, Harald; Mayr, Karin - 2012
We develop a model of directed technological change, frictional unemployment and migration to examine the effects of a …, an increase in the skill ratio can reduce the relative unemployment rate of skilled workers and decrease the relative …
Persistent link: https://www.econbiz.de/10011374349
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Subjective employment insecurity around the world
Green, Francis (contributor) - 2008
known institutional characteristics. In general, subjective employment insecurity tracks the unemployment rate …. -- precarious work ; job insecurity ; gender ; job quality ; unemployment …
Persistent link: https://www.econbiz.de/10003784845