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Uncertainty and the politics of employment protection

Vindigni, Andrea (contributor) - 2008

This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...

Persistent link: https://www.econbiz.de/10003719624

Employment protection, technology choice, and worker allocation

Bartelsman, Eric J.; Gautier, Pieter; Wind, Joris de - 2010

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk …

Persistent link: https://www.econbiz.de/10003959174

Uncertainty and firms' labour decisions : evidence from European countries

Martinez-Matute, Marta; Urtasun, Alberto - 2020

Uncertainty affects employers' decisions on labour workforce, as it does on capital. We exploit differences on how firms adjust their labour work-force when uncertainty increases. Using data from the Wage Dynamic Network Survey for 25 European countries, we first construct, opposite to usual...

Persistent link: https://www.econbiz.de/10012284895

Unemployment benefits, risk aversion, and migration incentives

Heitmueller, Axel - 2002

benefits on the migration decision. While benefits simply increase the expected gain for risk neutral individuals, they work as … an insurance device for risk averse migrants; the results for the two groups might differ. Thus, the migration decision … is reformulated as monetary lottery and a utility function exhibiting constant relative risk aversion is applied. The …

Persistent link: https://www.econbiz.de/10011414113

Deconstructing theories of overeducation in Europe : a wage decomposition approach

McGuinness, Séamus; Pouliakas, Konstantinos - 2016

This paper uses data from the Cedefop European Skills and Jobs (ESJ) survey, a new international dataset of adult workers in 28 EU countries, to decompose the wage penalty of overeducated workers. The ESJ survey allows for integration of a rich, previously unavailable, set of factors in the...

Persistent link: https://www.econbiz.de/10011451997

From dual to unified employment protection : transition and steady state

Dolado, Juan J.; Lalé, Etienne; Siassi, Nawid - 2016

This paper analyses the optimal design of a single open-ended contract (SOEC) and studies the political economy of moving towards such a SOEC in a labour market where employment protection is highly discontinuous. We develop a computationally tractable approach to compare two economic...

Persistent link: https://www.econbiz.de/10011476561

The social preferences of the native inhabitants, and the decision how many asylum seekers to admit

Stark, Oded; Jakubek, Marcin; Szczygielski, Krzysztof - 2019

We consider a tax-funded policy of admitting and integrating asylum seekers in a country in which the incomes of the native inhabitants are differentiated; for the sake of simplicity, we assume that there are just two groups of native inhabitants: high-income natives and low-income natives. As a...

Persistent link: https://www.econbiz.de/10012139239

The changing nature of gender selection into employment : Europe over the Great Recession

Dolado, Juan J.; García-Peñalosa, Cecilia; Tarasonis, … - 2017

The aim of this paper is to evaluate the role played by selectivity issues induced by nonemployment in explaining gender wage gap patterns in the EU since the onset of the Great Recession. We show that male selection into the labour market, traditionally disregarded, has increased. This is...

Persistent link: https://www.econbiz.de/10011641794

Tradable refugee-admission quotas and EU asylum policy

Fernández-Huertas Moraga, Jesús; Rapoport, Hillel - 2014

The current EU Asylum policy is widely seen as ineffective and unfair. We propose an EU-wide market for tradable quotas on both refugees and asylum-seekers coupled with a matching mechanism linking countries' and migrants' preferences. We show that the proposed system can go a long way towards...

Persistent link: https://www.econbiz.de/10010442315

Inequality measurement and tax/transfer policy

Apps, Patricia; Rees, Ray - 2020

We provide a critique of the standard methodology which bases welfare comparisons between households on deflating household income and consumption by an equivalence scale. We argue that this leads to support for tax/transfer policies that significantly disadvantage low to middle income...

Persistent link: https://www.econbiz.de/10012232795