Showing 1 - 9 of 9
labor costs. Our analysis indicates that when wages and prices are flexible, product demand policies have no significant …
Persistent link: https://www.econbiz.de/10005666572
analysis indicates how the changes can segment the labour market into an expanding sector of restructured firms where wages are … rising, a contracting sector of traditional firms where wages are relatively stagnant, and an expanding pool of the …; the widening dispersion of wages within occupational, educational, and job tenure groups in the United Kingdom and the …
Persistent link: https://www.econbiz.de/10005789077
unwilling to find jobs even though they are prepared to work for less than the prevailing wages of incumbent workers ("insiders … wages of the underbidders. The resulting labor turnover costs create economic rent which the insiders tap in wage …
Persistent link: https://www.econbiz.de/10005791249
We study the impact of new technologies (NT) on wages and employment using a unique panel that matches data on …
Persistent link: https://www.econbiz.de/10005791552
We use longitudinal individual wage, hours, and employment data to investigate the effect of the February 1, 1982 mandatory reduction of weekly working hours in France. Just after François Mitterrand's election in May 1981, the government decided to increase the minimum wage by 5%. Then, as...
Persistent link: https://www.econbiz.de/10005792055
In this Paper, I present direct micro-econometric evidence of the relation between individual wages of French workers …’ wages not only comes from movements in the quasi-rent induced by competitive pressures but also from alterations of workers … my results, I find a bargaining power below 0.20. I also show that workers’ wages deteriorate through competitive …
Persistent link: https://www.econbiz.de/10005123663
We study the relation between product quality and worker quality using an economic model that, under certain conditions, provides a direct link between product price, product quality and work-force quality. Our measures of product quality are the evolution in the detailed product price relative...
Persistent link: https://www.econbiz.de/10005497935
explored with the aid of some elements of game theory. It is shown: (a) how labour unions optimally adjust wages to prices …
Persistent link: https://www.econbiz.de/10005661808
The paper constructs a simple macroeconomic model that contains a labor market in which insiders have power in wage negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions depend on both the hiring costs and expected dismissal...
Persistent link: https://www.econbiz.de/10005661965