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Persistent link: https://www.econbiz.de/10010334960
decreasing in the substitutability of worker types. This cost of search is then decomposed into three components: unemployment … workers being more choosy. The resulting equilibrium is not efficient. Unemployment benefits can reduce the loss by serving as …
Persistent link: https://www.econbiz.de/10011303299
This paper estimates a structural model of the employment decision of the firm. Ourestablishment level data displays an extreme degree of rigidity in that employment levels arelargely constant throughout our sample...
Persistent link: https://www.econbiz.de/10005861639
The active measures are the main strategies that have the effect of reducing the unemployment, on short, medium and …
Persistent link: https://www.econbiz.de/10009359943
We analyze labor discrimination in Peru, a fast-growing country where much anecdotal evidence suggests the presence of …
Persistent link: https://www.econbiz.de/10010842565
paper aims to analyze the role of expectations on peruvian formal and informal labor market; using news as our … identification variable. We use the monthly number of news related to the approval of the General Labor Law (GLL), a proposal … entailing future stronger labor rigidities, from January 2001 to May 2012. Using the Permanent Employment Survey (EPE), we find …
Persistent link: https://www.econbiz.de/10010735919
Long-term unemployment can lead to skill attrition and have detrimental effects on future employment prospects …, particularly following periods of economic crises when employment growth is slow and cannot accommodate high levels of unemployment …. Addressing this problem requires the use of active labor market policies targeted at the unemployed. In this context, hiring …
Persistent link: https://www.econbiz.de/10011432202
Using an intertemporal model of saving and capital accumulation we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to scale, or if there are no differences in ability...
Persistent link: https://www.econbiz.de/10010358969
Using an intertemporal model of saving and capital accumulation with two types of agents (workers and capitalists) we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to...
Persistent link: https://www.econbiz.de/10011481224
Using a novel database of 82.5 million online job postings, we show that employer skill requirements fell as the labor … market improved from 2010 to 2014. We find that a 1 percentage point reduction in the local unemployment rate is associated … using multiple measures of labor availability, is bolstered by similar trends along heretofore unmeasured dimensions of …
Persistent link: https://www.econbiz.de/10011536223