We analyze the stability and dynamics of an overlapping generations model with imperfectlycompetitive labour markets...

We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment in dual labor markets. Outsourcing promotes wage dispersion between the high-skilled and low-skilled workers. Higher domestic low-skilled wage tax, higher payroll tax and lower...

This paper studies in the presence of flexible outsourcing the effects of outsourcing costs, productivity of outsourcing, wage tax and tax exemption in an imperfectly competitive labour markets when labour unions and firms negotiate wages and the impacts of labour tax progression on domestic...

We analyze the following questions associated with outsourcing and profit sharing under imperfect labour markets. How does strategic outsourcing influence wage formation, profit sharing and employee effort when firms commit to optimal profit sharing before wage formation or decide for profit...

Ein moderner und nachhaltiger Sozialstaat braucht eine gesunde Mischung aus staatlicher Fürsorge und Eigenverantwortung. Die Hartz-Reformen versuchten, die richtige Mischung mit dem Prinzip des Förderns und Forderns in der Grundsicherung herzustellen. Zahlreiche Menschen sind seither nicht...

This paper theoretically and empirically analyzes the interaction of emigration of highly skilled labor, an economy`s income gap to potential host economies of expatriates, and optimal public infrastructure investment. In a model with endogenous education and R&D investment decisions we show...

Standard models of equilibrium unemployment assume exogenous labour market institutions and flexible wage determination. This paper models wage rigidity and collective bargaining endogenously, when workers differ by observable skill and may adopt either individualized or collective wage...

We introduce search unemployment à la Pissarides into Melitz’ (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes....

The "common effect" model in program evaluation assumes that all treated individuals have the same impact from a program. Our paper contributes to the recent literature that tests and goes beyond the common effect model by investigating impact heterogeneity using data from the experimental...

This paper studies the role of the expansion of higher education (HE) in increasing the equality of tertiary education opportunities. It examines Italy`s experience during the 1990s, when policy changes prompted HE institutions to offer a wider range of degrees and to open new sites in...