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We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10005822557
This paper estimates the effect of local labor market conditions on crime in a developing country with high crime rates …. Contrary to the previous literature, which has focused exclusively on developed countries with relatively low crime rates, we … large relative increases in crime rates in the medium term, but these effects virtually disappear in the long term. This …
Persistent link: https://www.econbiz.de/10011451209
Most studies examining the impact of migrants on crime rates in hosting populations are in the context of economic … migrants in developed countries. However, we know much less about the crime impact of refugees in low- and middle … access to formal employment, and face partial mobility restrictions, we find that total crime per person (including natives …
Persistent link: https://www.econbiz.de/10012658226
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10005703746
Many rights are conferred on Dutch youth at ages 16 and 18. Using national register data for all reported victimizations, we find sharp and discontinuous increases in victimization rates at these ages: about 13% for both genders at 16 and 9% (15%) for males (females) at 18. These results are...
Persistent link: https://www.econbiz.de/10012882493
This paper considers the policy options of the West Bank and Gaza (WBG) with respect to trade and the exports of labor services. It concludes that i) a non-discriminatory trade policy (NDTP) is unambiguously superior to an FTA with Israel; ii) the WBG should pursue a NDTP with all its neighbors,...
Persistent link: https://www.econbiz.de/10010261796
We show that wage setting in the Colombian manufacturing industry is not fundamentally driven by labor productivity in contrast to the standard theoretical prediction. On the contrary, internal institutional arrangements - payroll taxation, the minimum wage or the price wedge between...
Persistent link: https://www.econbiz.de/10010513131
Understanding why certain jobs are 'better' than others and what implications they have for a worker's career is clearly an important but still relatively unexplored question. We provide both a theoretical framework and a number of empirical results that help distinguishing 'good' from 'bad'...
Persistent link: https://www.econbiz.de/10012270149
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10010283932