Showing 1 - 10 of 4,071
product and labor markets on excess job reallocation and on the productivity-enhancing effects of job flows. …
Persistent link: https://www.econbiz.de/10010262315
How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We … novel screen to quantify how wages are affected by market power exerted in labor markets, either by a single firm or a group … of cooperating firms. The theory guides the measurement of labor “markdowns”, i.e., the gap between wage and the value of …
Persistent link: https://www.econbiz.de/10012890473
The responses of workers and their employers to the onset of work-limiting health impairments were investigated using data from the new Health and Retirement Survey. The results indicate that many workers who suffer from health limitations are directly accommodated by their employers, and that...
Persistent link: https://www.econbiz.de/10013246996
This article documents and analyses gross job flows and their determinants in Estonia over the years 1995-2001, using a database containing the population of officially registered firms in Estonia (all in all 52,000). Our results show that job creation and job destruction rates have been rather...
Persistent link: https://www.econbiz.de/10010267645
This paper studies the employment and productivity implications of new labor regulations in China. These new … compensation. We estimate a model of costly labor adjustment from data prior to the policy. We use the estimated model to simulate … reduction in labor reallocation and an increase in the exit rate. A policy of credit market liberalization will reduce …
Persistent link: https://www.econbiz.de/10013108256
Labor markets in the transition economies of Central and Eastern Europe underwent adramatic transformation. Notably … period of weak labor demand, it is now the supply side of the labor market thatconstrains job creation... …
Persistent link: https://www.econbiz.de/10005861190
We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...
Persistent link: https://www.econbiz.de/10010262088
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...
Persistent link: https://www.econbiz.de/10010884247
The international economic debate on the Transatlantic Trade and Investment Partnership (TTIP) has focused mainly on trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although the EU and the US are leading FDI host countries and...
Persistent link: https://www.econbiz.de/10011744658
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components - real wages, capital intensity, and technology - are uncovered through decomposition and cluster analyses. In the...
Persistent link: https://www.econbiz.de/10010377355