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-disciplining effect of unemployment) and the contemporary theory of incomplete contracts (the role of monitoring and enforcement rents … extent of income inequality and the fraction of the labor force that is constituted by guard labor. We close with some …
Persistent link: https://www.econbiz.de/10011527337
There is a general presumption that social preferences can be ignored if markets are competitive. Market experiments (Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if they were purely self-interested. We qualify this view....
Persistent link: https://www.econbiz.de/10003935667
There is a general presumption that social preferences can be ignored if markets are competitive. Market experiments (Smith 1962) and recent theoretical results (Dufwenberg et al. 2008) suggest that competition forces people to behave as if they were purely self-interested. We qualify this view....
Persistent link: https://www.econbiz.de/10003951883
This paper explores the nature and the key empirical regularities of green employment in US local labor markets between 2006 and 2014. We construct a new measure of green employment based on the task content of occupations. Descriptive analysis reveals the following: 1. the share of green...
Persistent link: https://www.econbiz.de/10011504376
to quantify the relevance of non-wage job characteristics and imperfect competition for inequality and tax policy, to …
Persistent link: https://www.econbiz.de/10012105121
We study the effects on employment, costs of living, and income inequality of local shocks in the housing market or in … real income inequality: poorer, unemployed workers experience a larger increase in their cost of living index. This depends …
Persistent link: https://www.econbiz.de/10014419228
Arbeitnehmer in Sektoren mit hoher Firmendichte im lokalen Arbeitsmarkt signifikant weniger häufig an Weiterbildung teilnehmen …
Persistent link: https://www.econbiz.de/10010225108
The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010229498
business cycle. Theory is ambiguous and prior literature is not fully conclusive. We examine the relationship between multiple …
Persistent link: https://www.econbiz.de/10011449729
Multiple job holding rates differ substantially across U.S. regions, states, and metropolitan areas. Rates decrease markedly with respect to labor market size. These patterns have been largely overlooked, despite being relatively fixed over (at least) the 1998-2014 period. This paper explores...
Persistent link: https://www.econbiz.de/10011449744