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Estimation of the Distribution of the Reserve Wage

Hernani-Limarino, Werner L. - 2011

This paper uses a simple model of the labor supply to identify the distribution of the reserve wages. The distribution of the reserve wages of the non-employed population (Unemployed or out of the labor force) it's fundamental not only to understand the nature of the no-employment but to also...

Persistent link: https://www.econbiz.de/10011210838

Employment protection and temporary work agencies

Baumann, Florian; Mechtel, Mario; Stähler, Nikolai - Deutsche Bundesbank - 2008

sector in a model of equilibrium unemployment. We find that higher firing costs may even reduce temporary work agency …

Persistent link: https://www.econbiz.de/10005083218

Non-employment duration and subsequent wage losses in the Brazilian labour market

Ramalho, Hilton Martins de Brito; Júnior, Ignácio … - Departamento de Economia, Centro de Ciências Socais … - 2011

This paper analyses the relationship between unemployment and its respective duration on subsequent salary. Despite of … studies (e.g. Keltzer, 1998; Burda and Mertens, 2001; Arulampalam 2001; Arranz et al., 2010) by highlighting that unemployment … recently experienced unemployment spell have disadvantages in terms of wages compared to those who remained employed throughout …

Persistent link: https://www.econbiz.de/10009322944

Minimally Altruistic Wages and Unemployment in a Matching Model

Rotemberg, Julio J. - 2009

This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...

Persistent link: https://www.econbiz.de/10014048501

The Unequal Consequences of Job Loss Across Countries

Bertheau, Antoine; Acabbi, Edoardo Maria; Barcelo, Cristina - 2022

We document the consequences of losing a job across countries using a harmonized research design applied to seven matched employer-employee datasets. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal...

Persistent link: https://www.econbiz.de/10014080742

Search Frictions, Efficiency Wages and Equilibrium Unemployment

Martin, Christopher; Wang, Bingsong - 2019

This paper explores the decomposition of equilibrium unemployment into involuntary and frictional components using a … that reflects search frictions. Using standard values of calibrated parameters, we find that the bulk of unemployment is …

Persistent link: https://www.econbiz.de/10014032892

The Unequal Cost of Job Loss Across Countries

Bertheau, Antoine; Acabbi, Edoardo Maria; Barcelo, Cristina - 2022

We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and...

Persistent link: https://www.econbiz.de/10014083902

Job displacement costs of phasing out coal

Rud, Juan Pablo; Simmons, Michael; Toews, Gerhard; … - 2022

The reduction of carbon emissions will require a rapid phasing out of coal and the displacement of millions of coal miners. How much could this energy transition cost mining workers? We use the dramatic collapse of the UK coal industry to estimate the long-term impact on displaced miners. We...

Persistent link: https://www.econbiz.de/10013382424

Competition for Jobs in a Growing Economy and the Emergence of Dualism.

Wasmer, E - 1997

We aim to explain the rising share of short-term employment in Europe using a matching model with growth. We find that a slowdown in growth of labour productivity leads to the emergence of temporary jobs and then explains their increasing share in total employment.

Persistent link: https://www.econbiz.de/10005671506

Why Does Unemployment Hurt the Employed? Evidence from the Life Satisfaction Gap between the Public and the Private Sector

Luechinger, Simon; Meier, Stephan; Stutzer, Alois - 2021

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment …

Persistent link: https://www.econbiz.de/10013325303