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methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high-unemployment/low-wage …This paper reviews several methods to measure wage flexibility, and their suitability for evaluating the extent of such … flexibility during times of structural change, when wage distributions and wage curves can be particularly volatile. The paper …
Persistent link: https://www.econbiz.de/10005248228
protection and benefits between regular and nonregular workers could help put Japan's wages on an upward trajectory in the medium …Over the past decade, productivity-adjusted wages have grown at a slower pace in Japan than in other rich countries … felt in all advanced economies. Reforms aimed at increasing productivity in services and reducing gaps in employment …
Persistent link: https://www.econbiz.de/10004999951
Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment … most likely because of a structural change in workers' behavior, i.e. "wage moderation". The outward shift was particularly … large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that …
Persistent link: https://www.econbiz.de/10005768837
negotiations, the degree of unionization and the system of tripartism, the wage setting mechanism, and labor market programs. The … paper makes an assessment of the flexibility and efficiency of the Cypriot labor market, and in particular, the wage …
Persistent link: https://www.econbiz.de/10005598850
nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union …
Persistent link: https://www.econbiz.de/10005767368
Work absence is an important part of the individual decision on actual working hours. This paper focuses on sickness absence in Europe and develops a stylized model where absence is part of the labor-leisure decision made by workers and the production decision made by profit-maximizing firms,...
Persistent link: https://www.econbiz.de/10005826222
-size companies and depends on the nature of wage-bargaining systems. …
Persistent link: https://www.econbiz.de/10005825549
particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment … employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the …
Persistent link: https://www.econbiz.de/10005826565
consumption per worker that emerges from the restrictions on dismissals. Dismissal restrictions hamper the efficient reallocation … calibration exercise applied to Portugal suggests that the restrictions on dismissal slow the pace of worker reallocation and … cause substantial losses of labor productivity and consumption. Although lower worker mobility induces job …
Persistent link: https://www.econbiz.de/10005604782
Belgium has effected a remarkable fiscal adjustment, best illustrated by the decline in its public debt. While benefiting from an appreciable decline in interest rates, most of the underlying consolidation reflected a considerable increase in the tax burden, one of the highest in the...
Persistent link: https://www.econbiz.de/10005768647