Este trabajo utiliza la metodología VAR-X estructural para explicar por qué creció el desempleo en Colombia desde niveles cercanos a 7% en 1995:1 hasta 19% en 2000:1, y por qué permaneció en niveles de dos dígitos durante la década siguiente. Se trató de una combinación desafortunada de...

We offer a model that combines a knowledge based organizational structure with progressive learning of employees’ talent. We show that higher span of control is associated with better selected managers, higher wages, higher probability to be promoted, and higher turn-over in the early career...

This paper examines the decline in unionization in the United States that began to occur in about 1960. While various explanations have been put forward to explain this – with many focusing on some form of structural changes to the economy or to the workforce, usually related to globalization...

The decline in the economy’s ability to create good jobs is related to deterioration in the bargaining power of workers, especially those at the middle and the bottom of the pay scale. The restructuring of the U.S. labor market – including the decline in the inflation-adjusted value of the...

Este artículo examina el problema que plantea la cobertura pensional de los colombianos menos educados y más vulnerables. Relaciona las tendencias del mercado laboral con la baja cobertura pensional: el sesgo del empleo urbano moderno contra los menos educados ha generado para estos un ciclo...

By exploiting recent advances in mixed (stochastic parameter) ordered probit estimators and a unique longitudinal dataset from Ghana, this paper examines the distribution of subjective wellbeing across sectors of employment. We find little evidence for the overall inferiority of the small firm...

This paper combines two of the most central features of modern labor markets - immigrants and unions - to examine the role of worker power in shaping immigrant sorting across firms, and how that subsequently influences the performance of firms and the careers of incumbent workers. First, unions...

Competition in the labor market theoretically leads to higher wages, yet empirical evidence to substantiate it, particularly in developing countries, has been sparse. Our study delves into the impact of increased competition in the labor market on workers' wages using a panel dataset from...

This article discusses the case of the minimimum wage for Italy as a policy instrument to foster both social justice and productive efficiency. After briefly reviewing the empirical evidence on the effects of minimum wages upon employment, wage distribution and firm-level reallocation, it...

This article discusses the case of the minimimum wage for Italy as a policy instrument to foster both social justice and productive efficiency. After briefly reviewing the empirical evidence on the effects of minimum wages upon employment, wage distribution and firm-level reallocation, it...