Applicants for any given job are more or less suited to fill it, and the firm will select the best among them. Increasing the wage offer attracts more applicants and makes it possible to raise the hiring standard, thereby improving the productivity of the staff. Wages that optimize on the...

The occupational skill structure depends on the business cycle if employers respond to shortages of applicants during upturns by lowering their hiring standards. Devereux uses this implication to construct empirical tests for the notion of hiring standards adjustment (the so-called Reder...

Ab dem 1.Januar 2015 soll in Deutschland ein flächendeckender Mindestlohn von 8,50 € gelten. Die Warnungen vor Arbeitsplatzverlusten werden meist mit Verweis auf internationale Erfahrungen als ungerechtfertigt zurückgewiesen. Beispielsweise wurde 1999 in Großbritannien der Mindestlohn neu...

Background: Respiratory syncytial virus (RSV) is a common cause of respiratory infection that is highly prevalent in infants. Severe cases of RSV infection require hospitalisation; this is most likely to occur in infant populations at high risk. The study assesses the cost-effectiveness of...