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We study both the various consequences and the incentives of outsourcing. We argue thatthe wage elasticity of labour … demand is increasing as a function of the share of outsourcing,which is importantly a result consistent with existing …
Persistent link: https://www.econbiz.de/10005863250
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a … magnify, and not dampen, this tendency. Further, higher outsourcing will increase equilibrium unemployment among the high … heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10014051183
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a … magnify, and not dampen, this tendency. Further, higher outsourcing will increase equilibrium unemployment among the high … heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10010264123
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a … magnify, and not dampen, this tendency. Further, higher outsourcing will increase equilibrium unemployment among the high … heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10005233784
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a … magnify, and not dampen, this tendency. Further, higher outsourcing will increase equilibrium unemployment among the high … heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage …
Persistent link: https://www.econbiz.de/10005405909
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they … understanding unemployment fluctuations. We show how the LS framework can be adapted to incorporate risk premia. We derive an … show how to use properties of the artificial economy to deduce how risk premia affect unemployment dynamics in the original …
Persistent link: https://www.econbiz.de/10012649569
We analyse the effects of demographic and education changes on unemployment rates in Europe. Using a panel of European … individuals, in general, experience lower unemployment rates, changes in the population age structure appear to be positively … related to young workers' unemployment rates while they have no effect on adults. Conversely changes in the skill structure …
Persistent link: https://www.econbiz.de/10013318188
We study both the various consequences and the incentives of outsourcing. We argue that the wage elasticity of labour … demand is increasing as a function of the share of outsourcing, which is importantly a result consistent with existing … empirical research. Furthermore, we show that a production mode with a higher proportion of outsourcing activity reduces the …
Persistent link: https://www.econbiz.de/10012777445
high-wage country with an imperfectly competitive labour market so that outsourcing reduces equilibrium unemployment …We study the various consequences of and the incentives for outsourcing. We argue that the wage elasticity of labour … demand increases as a function of the share of outsourcing, which is a result consistent with existing empirical research …
Persistent link: https://www.econbiz.de/10012777827
We analyze the following questions associated with flexible outsourcing under partlyimperfect dual domestic labour … sharing influence flexibleoutsourcing? What is the relationship between outsourcing cost, profit sharing and wages?We show …
Persistent link: https://www.econbiz.de/10009418921