In market economies, identical workers appear to receive very different wages, violating the "law of one price" of Walrasian markets. We argue in this paper that in the absence of a Walrasian autioneers to coordinate trade": (i) wage dispersion among identical workers is very often an...

This paper has three goals; first to place U.S. job growth in international perspective by exploring cross-country differences in employment and population growth. The second goal is to evaluate the labor markets rigidities hypothesis. Although greater wage flexiblity probably contributes to the...

Central objective of this working paper is to analyze the total available time of the Romanian population, and how time is structured, allocated and used by groups of activities. At the same time there will be taken into account the particularities on the use of time in different stages of life,...

The fixed coefficient manpower requirements approach provides information on shifts in the occupational and educational structure of employment over time, but neglects the substitution between the various occupations and educational groups. In this study shifts in the structure of 83 occupations...

The global downturn is now strongly affecting EU labour markets. In light of the downward revision to the growth projections and the uncertainty created by the financial meltdown, the outlook for employment has deteriorated considerably. This would also be consistent with the experience from...

Higher rates of employment are essential to economic growth. The best way to increase the rate of employment is through training and education. Transforming education to mass education, as well as the weakening of the previous knowledge of students has caused a quality decay among job-seekers....

This paper estimates an asymmetric error correction model to analyse the dynamic behaviour of the Colombian unemployment rate. We find evidence that wages above their long- run equilibrium level do increase unemployment, but wages below this level do not reduce it.

This study, completed in 1990 shortly before the Iraqi invasion, analyses some of the organizational and psychological determinants of employee turnover in Kuwait. The study is based on a sample size of 190 full‐time employees taken from governmental, private and shared sector organizations. A...