Showing 1 - 10 of 90
"According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...
Persistent link: https://www.econbiz.de/10003451834
This paper aims to provide a frame of mind to understand the link between structural change and regional unemployment … mechanism to generate convergence in local unemployment rates has long neglected the question of how regional imbalances arise … high unemployment regions have a higher, not a lower rate of reallocation; this suggests, in turn, that they do not suffer …
Persistent link: https://www.econbiz.de/10009683015
Persistent link: https://www.econbiz.de/10000590106
This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial equilibrium context. In addition, we expand our analysis two types of firing costs in a New Keynesian model with purely endogenous separations. We further...
Persistent link: https://www.econbiz.de/10003884839
Severance pay mandates are an appealing job displacement insurance strategy in developing countries, which have only modest government administrative capacities, but they carry the threat of adverse indirect effects. A critical review of the empirical literature reveals that severance benefit...
Persistent link: https://www.econbiz.de/10009309703
Persistent link: https://www.econbiz.de/10009659971
Persistent link: https://www.econbiz.de/10001208275
Persistent link: https://www.econbiz.de/10001371087
Persistent link: https://www.econbiz.de/10013408537
There is an increasing economic literature considering personality. This paper provides an overview on the role of these skills regarding three main aspects of economic analysis: measurement, theoretical modeling, and empirical estimates. Based on the relevant literature from different...
Persistent link: https://www.econbiz.de/10003903035