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properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and … unemployed workers from inactivity to production (the ‘job creation’ flow) and one for the flow of workers from employment to … flows are equal. The model is shown to explain well the employment fluctuations observed in the US economy, within the …
Persistent link: https://www.econbiz.de/10014024227
Persistent link: https://www.econbiz.de/10013385245
Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …
Persistent link: https://www.econbiz.de/10014393229
Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics … relationship between employment cyclicality and wage cyclicality at the establishment level. We use this micro-estimate as a …
Persistent link: https://www.econbiz.de/10014432211
This paper examines how trade sanctions affect the allocation of workers across formal and informal employment. We … industries with pre-existing different levels of exposure to international trade. Combining employment data from the Iranian … employment in the years after 2012 than workers employed in industries with lower trade exposure. This result suggests that, in …
Persistent link: https://www.econbiz.de/10013549006
This paper examines how economic sanctions affect the allocation of workers across formal and informal employment. We … industries with higher trade exposure are significantly more likely to experience informal employment compared to workers in …
Persistent link: https://www.econbiz.de/10014423808
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10010485288
Raising South Africa’s low employment rate to levels seen in emerging market or advanced economy peers could raise GDP … find much scope for improving the design of key labor market institutions—including collective bargaining and employment …
Persistent link: https://www.econbiz.de/10013306792
We propose a dynamic model that explains why individuals may be reluctant to pick up work although the wage is above their reservation wage. Accepting low paid work will put them in an adverse position in future wage bargaining, as employers could infer the individual's low reservation wage from...
Persistent link: https://www.econbiz.de/10003892041
observed difference in average wage rates (OECD 2011). This theory-based utility function could be then utilized to study labor …
Persistent link: https://www.econbiz.de/10011498644