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This paper investigates the process of adjustment in employment. A dynamic model is applied to a panel of six Tunisian …, output, quasi-fixed capital stock and technology. The empirical results show that in the long run, employment demand responds … greatest to value-added, followed by capital stock changes, and least by wages. The speed of adjustment in employment and the …
Persistent link: https://www.econbiz.de/10010262110
In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment effects if effort can be varied continuously. A substitution of the earnings-related for the lump-sum component … reduces employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment …
Persistent link: https://www.econbiz.de/10010268052
. Concomitantly, employment falls between 1½ and 5% depending on hurricane strength. On the other hand, the effects of hurricanes on … better examine the specific shocks, we also observe sectoral employment shifts. Finally, we conduct a time-series analysis … and find that over time, there is somewhat of a cobweb with earnings and employment rising and falling each quarter over a …
Persistent link: https://www.econbiz.de/10010268801
evolution over time of the employment rates of women and of the young, and of hours worked in OECD countries. Beyond controlling … do all this we find that culture still matters for women employment rates and for hours worked. However, policies and … appear to be important in explaining the employment rate of the young. In the case of women employment rates, the policy …
Persistent link: https://www.econbiz.de/10010269576
This paper analyzes the implications of labor market institutions and policies on the employment-labor productivity …
Persistent link: https://www.econbiz.de/10010274094
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10010274716
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained … in a multivariate framework for three sets of sectors. We get a relationship in which employment rises with growth and … permits to measure retrospectively the contributions of each of the variables to employment inflections since the mid-eighties. …
Persistent link: https://www.econbiz.de/10010275663
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a …, employment, and capital equations largely corroborate the implications of the behavioral models of the two types of enterprise …. Co-op wages are about 14 percent lower on average and they are more volatile (and employment less volatile) than those in …
Persistent link: https://www.econbiz.de/10010276248
This paper aims to explore wage differentials between employees in three sub-industries of the cultural industries compared with the main (1-digit level) industry to which they belong. We use data from the Wage Indicator Questionnaire 2001/2002, which includes information on 12,757 employees in...
Persistent link: https://www.econbiz.de/10010268461
employment or firing may occur after an initially weak response. Since these mechanisms may apply to other "investment" cases …
Persistent link: https://www.econbiz.de/10010261879