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This paper considers a small open economy with an input-output industrial structure that creates vertical linkages and multiple equilibria. An imperfect labor market is introduced by assuming unionized labor. It is shown that a deregulation of the labor market may trigger a large discontinuous...
Persistent link: https://www.econbiz.de/10010334766
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Recent developments in society have generated misalignment between the welfare state and socio-economic conditions and preferences. This paper emphasis developments in the labor market and the structure, stability and preferences of the family, as well as macroeconomic changes. The latter...
Persistent link: https://www.econbiz.de/10010334952
An adaptive economizing framework is proposed for analyzing labor market aspects of long-term industrial development using a dynamic, disaggregate economic model based upon principles of bounded rationality and markets in disequilibrium. The approach is applied to a firm's investment-production...
Persistent link: https://www.econbiz.de/10010335025
In this paper we show that changes in the position of the UV-Curve do not unambiguously reflect changes in labour market adjustment ability. In fact, the UV-Curve is displaced not only when hiring efficiency changes but also when the volume of hiring changes. To identify changes in hiring...
Persistent link: https://www.econbiz.de/10010335180
This paper presents a technique for qualitative comparative statics analysis in dynamic programming models. Let the value function v be the fixed point of a contraction mapping which depends differentially on some exogenous parameter theta. Then the derivative of v with respect to theta exists...
Persistent link: https://www.econbiz.de/10010335188
Prior empirical studies have found that American workers report longer hours than workers in other highly industrialized countries, and that the highly educated report the longest hours relative to other educational levels. This paper analyzes disparities in working hours by gender and education...
Persistent link: https://www.econbiz.de/10010335365
This paper examines the effects of public policies in shaping wives' economic standing within the family in advanced industrial societies. It conducts two types of statistical analysis. One is a multi-level regression analysis to examine the effects of employment protection regulation, the size...
Persistent link: https://www.econbiz.de/10010335375
This paper examines the effect of public assistance, labor market and marriage market conditions on the prevalence of single mother families across countries and over time. A multinomial logit derived from a random utility approach is estimated using individual level data for 14 countries. I...
Persistent link: https://www.econbiz.de/10010335416
Persistent link: https://www.econbiz.de/10010335770