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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...
Persistent link: https://www.econbiz.de/10010299945
In diesem Beitrag wird untersucht, ob ein betriebliches Engagement auf internationalen Märkten die Verbreitung von Systemen der Gewinnbeteiligung beeinflusst. Verschiedene Argumente sprechen dafür, dass Gewinnbeteiligung insbesondere für auslandskontrollierte Betriebe ein viel versprechendes...
Persistent link: https://www.econbiz.de/10010292544
. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations into a New-Keynesian model. Using a Bayesian … the two models and both provide a good empirical fit, with the crucial difference that our model delivers unemployment … fluctuations. Thus, second-moment statistics of the US rate of unemployment are replicated reasonably well in our proposed New …
Persistent link: https://www.econbiz.de/10010317134
Employee ownership has attracted growing attention for its potential to improve economic outcomes for companies, workers, and the economy in general, and help reduce inequality. Over 100 studies across many countries indicate that employee ownership is generally linked to better productivity,...
Persistent link: https://www.econbiz.de/10013266247
Employee ownership has attracted growing attention for its potential to improve economic outcomes for companies, workers, and the economy in general, and help reduce inequality. Over 100 studies across many countries indicate that employee ownership is generally linked to better productivity,...
Persistent link: https://www.econbiz.de/10011573701
Purpose: This paper aims to explore the effects of fiscal policy in an economy with efficiency wages, consumption taxes and a common income tax rate. Design/methodology/approach: A dynamic general-equilibrium model with the government sector is calibrated to Bulgarian data (1999–2018). Two...
Persistent link: https://www.econbiz.de/10013369619
In this paper we investigate the quantitative importance of e fficiency wages in explaining fluctuations in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with unobservable workers e ort by employers and wage...
Persistent link: https://www.econbiz.de/10011739205
volatility of unemployment, while the efficiency wage mechanism fits better the cyclicality of the wage rate. …
Persistent link: https://www.econbiz.de/10012432746
Persistent link: https://www.econbiz.de/10010313891
geprägten Kreise mit hoher Arbeitslosigkeit im Westen Deutschlands große Wanderungsgewinne verzeichneten. Diese resultieren vor … migration movements in 2016 when large migration gains were recorded for the metropolitan districts with high unemployment in …
Persistent link: https://www.econbiz.de/10014000464