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This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the outcome of the interplay between labour market shocks...
Persistent link: https://www.econbiz.de/10005504680
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Persistent link: https://www.econbiz.de/10005504697
The paper analyses the contemporary organizational restructuring of production and work and derives some salient implications for the labour market. The analysis focuses on the switch from occupational specialization at 'Tayloristic' organizations to multi-tasking at 'holistic' organizations....
Persistent link: https://www.econbiz.de/10005504765
focus on the control of the voting of agricultural workers by landlords and show that if the employment relationship is …
Persistent link: https://www.econbiz.de/10005504774
This Paper studies the impact of wage growth on the evolution of employment in an intertemporal general … is the common growth rate of consumption, demand, and output. In these steady-state equilibria employment contracts at a … equality of wage growth and productivity growth is a condition for constant employment. …
Persistent link: https://www.econbiz.de/10005789120
This Paper studies the effects of mass immigration from the former USSR to Israel in the 1990s on the employment of the … for native employment and the relative price of domestic goods – is estimated, finding negative effects of immigration on … native employment a year after arrival. The delay in the effect is attributed to a positive impact of immigration on the …
Persistent link: https://www.econbiz.de/10005791219
This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when...
Persistent link: https://www.econbiz.de/10005791454
affecting the quantity and quality of employment on the demand side of the economy; and c) factors affecting processes of … 'unemployment' and 'poverty' traps, geographical mobility of residence and employment pay discrimination, the 'discouraged worker …
Persistent link: https://www.econbiz.de/10005791612
It is often argued that the EMS is an effective disciplinary device for inflation-prone countries in the EEC, since it forces policy-makers in these countries to pursue more restrictive monetary policies than they would otherwise. It is not clear, however, why these countries should submit...
Persistent link: https://www.econbiz.de/10005791653
This paper develops a simple model of employment, non-statutory redundancy pay and wage determination. An interesting … bargaining over redundancy pay has no impact on recent employment variation for plants in the sample; and third, that financial …
Persistent link: https://www.econbiz.de/10005791782