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Labour market institutions and amplification of employment fluctuations

Matsue, Toyoki - In: Central European economic journal 6 (2019) 53, pp. 164-173

important features of the reforms are the reduction in adjustment costs and the introduction of fixed-term contracts (FTC). Some …

Persistent link: https://www.econbiz.de/10012303137

Why do wages become more rigid during a recession than during a boom?

Yokoyama, Izumi - In: IZA Journal of Labor Economics 3 (2014), pp. 1-23

This paper provides a theoretical and empirical analysis of the effect of performance-based layoffs on wage rigidity in the context of performance pay. In the model, it becomes optimal for firms to raise future regular pay to maintain workers' current efforts, which results in downwardly rigid...

Persistent link: https://www.econbiz.de/10010463701

What moves the Beveridge curve and the Phillips curve : an agent-based analysis

Chen, Siyan; Desiderio, Saul - 2018

Understanding what moves the Phillips curve is important to monetary policy. Because the Phillips curve has experienced over time movements similar to those characterizing the Beveridge curve, the authors jointly analyze the two phenomena. They do that through an agent-based macro model based on...

Persistent link: https://www.econbiz.de/10011776979

Optimal combination of wage cuts and layoffs-the unexpected side effect of a performance-based payment system

Yokoyama, Izumi; Obara, Takuya - In: IZA journal of labor policy 6 (2017) 14, pp. 1-15

This study analyzes the trade-off relationship between layoffs and wage cuts. If the introduction of a performance-based payment system stimulates workers’ pecuniarymotivated minds, their morale can be damaged more severely by wage cuts than prior to the introduction thereof. Utilizing this...

Persistent link: https://www.econbiz.de/10011820621

Job placement agencies in an artificial labor market

Wozniak, Marcin - 2016

In this paper, an agent-based search and matching (ABSAM) model of a local labor market with heterogeneous agents and an on-the-job search is developed, i.e. job seekers who vary in unemployment duration, skills levels and preferences compete for vacancies which differ for skills demands and the...

Persistent link: https://www.econbiz.de/10011557520

Contracts, negotiation, and learning : an examination of termination provisions

Ariño, Africa; Reuer, Jeffrey J.; Mayer, Kyle J.; … - In: Journal of management studies : JMS 51 (2014) 3, pp. 379-405

Persistent link: https://www.econbiz.de/10010357619

Should serverance pay be consistent for all workers? : single, open-ended contracts with sesrverance pay smoothly rising with seniority can decrease both unemployment and job losse...

García Peréz, José Ignacio - 2015

easier for firms to issue temporary contracts with low firing costs, while not changing the level of protection that is in … temporary and permanent contracts by a single open-ended contract for new hires, with severance pay smoothly increasing with …

Persistent link: https://www.econbiz.de/10011433382

Teamwork and intra-firm wage dispersion among blue-collar workers

Jirjahn, Uwe; Kraft, Kornelius - In: Scottish journal of political economy : the journal of … 57 (2010) 4, pp. 404-429

Persistent link: https://www.econbiz.de/10008652073

Stabileres Tarifvertragssystem durch Stärkung der Allgemeinverbindlicherklärung?

Schulten, Thorsten; Bispinck, Reinhard - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 93 (2013) 11, pp. 758-764

. Because of the declining bargaining coverage, calls for a stabilisation of the collective bargaining system are increasing. In …

Persistent link: https://www.econbiz.de/10010202161

Union wage effects : what are the economic implications of union wage bargaining for workers, firms, and society

Bryson, Alex - 2014

Despite declining bargaining power, unions continue to generate a wage premium. Some feel collective bargaining has had … its day. Politicians on both sides of the Atlantic have recently called for the removal of bargaining rights from workers … productivity growth. If this is where the premium originates, then firms and workers benefit. Without unions bargaining …

Persistent link: https://www.econbiz.de/10011415227