Similar Search Results

Social Security, Unemployment, and Growth

Bräuninger, Michael - 2004

The paper develops an overlapping generations model that highlights interactions between social security, unemployment … and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a … direct effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage …

Persistent link: https://www.econbiz.de/10014072758

Empirical studies

Giovannoni, Olivier - 2014

In this second part of our study we survey the rapidly expanding empirical literature on the determinants of the functional distribution of income. Three major strands emerge: technological change, international trade, and financialization. All contribute to the fluctuations of the labor share,...

Persistent link: https://www.econbiz.de/10010356672

Bargaining power, structural change, and the fallin U.S. labor share

Cauvel, Michael; Pacitti, Aaron - 2021

One of the most significant stylized facts in the U.S. economy since the 1970s has been the decline in the share of national income accruing to labor. Many recent studies have sought to explain this trend, with most explanations focusing on structural changes such as deindustrialization,...

Persistent link: https://www.econbiz.de/10012660337

Commuting, wages and bargaining power

Rupert, Peter; Stancanelli, Elena G. F.; Wasmer, Etienne - 2009

A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are positively related to commute distance, by a factor itself depending negatively on the bargaining power of workers. Since not all combinations of distance and wages are accepted,...

Persistent link: https://www.econbiz.de/10003905644

Commuting, Wages and Bargaining Power

Rupert, Peter - 2009

Persistent link: https://www.econbiz.de/10013155006

Real and Nominal Wage Adjustment in Open Economies

Forslund, Anders - 2013

How are wages set in an open economy? What role is played by demand pressure, international competition, and structural factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages and competitiveness? To answer these questions, we...

Persistent link: https://www.econbiz.de/10012754391

Efficient bargaining in a dynamic macroeconomic model : conference paper

Böhm, Volker; Claas, Oliver - 2013

This paper analyzes the implications of bilateral bargaining over wages and employment between a producer and a union representing a finite number of identical workers in a monetary macroeconomic model of the AS AD type with government activity. Wages and aggregate employment levels are set...

Persistent link: https://www.econbiz.de/10010340560

Strategic Wage Setting and Coordination Frictions with Multiple Applications

Gautier, Pieter A.; Moraga-González, José L. - 2021

where workers apply for just one job exhibits unemployment and absence of wage dispersion; (ii) an equilibrium where workers … apply for two or for more (but not for all) jobs always exhibits wage dispersion and, typically, unemployment; (iii) the … equilibrium wage distribution with a higher vacancy-to-unemployment ratio first-order stochastically dominates the wage …

Persistent link: https://www.econbiz.de/10013319241

Wage posting or wage bargaining? : evidence from the employers' side

Brenzel, Hanna; Gartner, Hermann; Schnabel, Claus - 2013

ist, wenn spezielle Qualifikationen verlangt werden oder wenn die regionale Arbeitslosigkeit gering ist. …

Persistent link: https://www.econbiz.de/10009792155

Wage posting or wage bargaining? : evidence from the employer's side

Brenzel, Hanna; Gartner, Hermann; Schnabel, Claus - 2013

ist, wenn spezielle Qualifikationen verlangt werden oder wenn die regionale Arbeitslosigkeit gering ist. …

Persistent link: https://www.econbiz.de/10010126911