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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
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
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
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
Beschäftigungsprobleme liegen. Auch das Gesetz von Okun, das einen Zusammenhang zwischen dem Wirtschaftswachstum und der Arbeitslosigkeit … beschreibt, eignet sich nicht zur Erklärung der Arbeitslosigkeit. Gleichwohl deuten die Befunde darauf hin, dass der deutsche …
Persistent link: https://www.econbiz.de/10011633155
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10010295302
wages, this may explain why there is no clear effect of coordination on unemployment. …
Persistent link: https://www.econbiz.de/10010302707