It is frequently argued that pure government-mandated severance transfers by the employer to the worker have neither employment nor welfare effect because they can be offset by private transfers from the worker to the employer. In this paper, using a dynamic search and matching model a la...

A labor matching model with nominal rigidities can match short-run movements in labor's share with some success. However, it cannot explain much of the behavior of employment, vacancies, and job flows in postwar US data without resorting to additional shocks beyond monetary policy and...

Die Autorin behandelt die allokativen Wirkungen des Kündigungsschutzes und der Regelungen temporärer Arbeitsverträge auf die Höhe und Dauer der Arbeitslosigkeit und den Jobturnover. Elke Jahn zeigt, daß sich die vor allem vom kontinentalen Arbeitsrecht vertretene These, der...

In the last decades, the OECD labor markets faced important labor supply changes with the arrival of women and the cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these supply trends imply more inexperienced workers. It then...

Consider a labour market with heterogeneous workers. Firms recruit workers by fixing a hiring standard and a wage offer simultaneously. A more demanding hiring standard necessitates a better wage offer in order to attract enough qualified applicants. As a result, an efficiency wage effect is...

Dieses Buch bietet die für den deutschsprachigen Raum wohl umfassendste Darstellung des Arbeitsmarktgeschehens. Ein besonderes Gewicht liegt auf der engen Verzahnung von theoretischen mit empirischen Analysen unter Berücksichtigung des institutionellen Regelwerkes auf dem Arbeitsmarkt und...