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Real and nominal wage adjustment in open economies

Forslund, Anders; Gottfries, Nils; Westermark, Andreas - 2006

How are wages set in an open economy? What role is played by demand pressure, international competition, and structural factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages and competitiveness? To answer these questions, we...

Persistent link: https://www.econbiz.de/10010261405

Fixed-Term Contracts and the Duration Distribution of Unemployment

Güell, Maia - 2003

In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labor markets have become more dynamic. This paper studies the possible implications of such reforms for the duration distribution of unemployment. I estimate a parametric duration model using...

Persistent link: https://www.econbiz.de/10010261530

Prices, productivity, and wage bargaining in open economies

Forslund, Anders; Gottfries, Nils; Westermark, Andreas - 2008 - rev.

According to the standard union bargaining model, unemployment benefits should have big effects on wages, but product market prices and productivity should play no role in the wage bargain. We formulate an alternative strategic bargaining model, where labour and product market conditions...

Persistent link: https://www.econbiz.de/10010128001

Learning through coworker referrals

Glitz, Albrecht; Vejlin, Rune Majlund - 2019

In this paper, we study the role of coworker referrals for labor market outcomes. Using comprehensive Danish administrative data covering the period 1980 to 2005, we first document a strong tendency of workers to follow their former coworkers into the same establishments and provide evidence...

Persistent link: https://www.econbiz.de/10011997660

Wage Inequality

Burdett, Ken; Carrillo-Tudela, Carlos; Coles, Melvyn - Peruvian Economic Association - PEA - 2015

The objective of this paper is to study why are some workers paid more than others. To do so we construct and quantitatively assess an equilibrium search model with on-the-job search, general human capital accumulation and two sided heterogeneity. In the model workers differ in abilities and...

Persistent link: https://www.econbiz.de/10011262710

Fixed-Term Contracts and the Duration Distribution of Unemployment

Güell, Maia - Centre for Economic Performance, LSE - 2001

In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labor markets have become more dynamic. This paper studies the implications of such reforms for the duration distribution of unemployment, with particular emphasis on the changes in the duration...

Persistent link: https://www.econbiz.de/10005016658

Fixed-term Contracts and the Duration Distribution of Unemployment

Güell, Maia - Barcelona Graduate School of Economics (Barcelona GSE) - 2003

In the mid-1980s, many European countries introduced fixed-term contracts. This paper studies the possible implications of such reforms for the duration distribution of unemployment. I estimate a parametric duration model using cross-sectional data drawn from the Spanish Labor Force Survey from...

Persistent link: https://www.econbiz.de/10010547107

Fixed-Term Contracts and the Duration Distribution of Unemployment

Güell, Maia - Institute for the Study of Labor (IZA) - 2003

Persistent link: https://www.econbiz.de/10005761780

Supervision and Effort in an Intertemporal Efficiency Wage Model: The Role of the Solow Condition

Faria, Joao Ricardo - School of Economics, University of Kent - 1998

The Solow condition is examined in an intertemporal model that blends the shirking and the turnover models of … efficiency wages with managerial supervision. It is shown that the Solow condition does not hold when shirking and turnover costs … are considered. The Solow condition can be a possible outcome when managerial productivity offsets shirking and turnover …

Persistent link: https://www.econbiz.de/10005763212

On Employment Contracts with Heterogeneous Workers and Endogenous On-the-job Search

Kiraly, Francis - Centre for Economic Research, School of Economics and … - 2003

This paper considers an equilibrium search model with on-the-job search where firms set wages.We look at optimal employment contracts when workers are heterogeneous and choose search intensity. Firms may want to retain their good workers by matching any offers that these employees may receive...

Persistent link: https://www.econbiz.de/10005767552