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The "ratchet effect" refers to a phenomenon where workers whose compensation is based on productivity strategically restrict their output, relative to their capability, because they rationally anticipate that high levels of output will be met with increased or "ratcheted-up" expectations in the...
Persistent link: https://www.econbiz.de/10011494353
We use an extensive, matched employer-employee dataset to analyze the employersize wage relation and its contribution to wage inequality in Germany. Applying models with additive fixed effects for workers and establishments, we document that the large firm wage premium, which has risen over 25...
Persistent link: https://www.econbiz.de/10012173169
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012179740
Die Plattform ist in den letzten Jahren sowohl eine zentrale Institution als auch wesentliche Metapher der gegenwärtigen Verfasstheit westlicher Gesellschaften geworden, so dass von einem „Plattformkapitalismus“ die Rede ist. Nachhaltige Auswirkungen zeigen sich in verschiedenen Sphären...
Persistent link: https://www.econbiz.de/10012204107
Using a survey module administered in late March 2020, we analyze how working hours change under the social distancing regulations enacted to fight the CoViD-19 pandemic. We study the Netherlands, which are a prototypical Western European country, both in terms of its welfare system and its...
Persistent link: https://www.econbiz.de/10012207839
We study the Gilets jaunes movement, which blocked most of France off in November 2018. We first analyze the complementarity/substitutability between the different forms of mobilization and find that blockades were planned online and later reinforced online activism. Second, we do textual...
Persistent link: https://www.econbiz.de/10012227666
The concept of social system of production is one of the research perspectives by which the institutional arrangements of modern market economies are being analyzed. On this basis considerations can be made on distinctive arrangements in given countries, in line with the thesis of Variety of...
Persistent link: https://www.econbiz.de/10012232441
The concept of a social system of production (SSP) is one of the cognitive perspectives by which the institutional arrangements of modern market economies could be analysed. It allows reflections on the autonomy of institutional arrangements in each country, in line with the assumption put by...
Persistent link: https://www.econbiz.de/10012232448
The official U.S. unemployment rate is an inadequate measure of actual labor market conditions. This poses a major challenge for researchers and confuses both the public and policy makers. A new definition of unemployment is proposed. It considers those part-time workers who would like to work...
Persistent link: https://www.econbiz.de/10012269453
Standard labor market models predict that the likelihood of employment increases, hours worked increase, and individuals transition from less-skilled and temporary jobs to more skilled and more stable employment as they age. I examine the association between age and transactional sex work using...
Persistent link: https://www.econbiz.de/10012290400