Showing 1 - 10 of 2,898
unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times …
Persistent link: https://www.econbiz.de/10010274696
unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times …
Persistent link: https://www.econbiz.de/10008836681
educated. In 2009, the Employment Contract Law relaxed employment protection legislation and sought to raise income protection …
Persistent link: https://www.econbiz.de/10010282406
educated. In 2009, the Employment Contract Law relaxed employment protection legislation and sought to raise income protection …
Persistent link: https://www.econbiz.de/10009646327
In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its persistence. For this purpose, we first develop a theoretical model based on the equilibrium matching framework of Mortensen and Pissarides (1999) and Pissarides (2000) where we...
Persistent link: https://www.econbiz.de/10010269566
ALMPs that provide: (i) incentives for retaining employment, (ii) incentives for creating employment, (iii) incentives for …, when and to what extent specific ALMPs are effective. In particular, the paper shows that ALMPs retaining employment, like … employment, like hiring subsidies, perform much better on cost-effectiveness and strengthen the outsiders' position in the labor …
Persistent link: https://www.econbiz.de/10010289945
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10010262019
structural change, new firms and innovations and therefore possibly also nowadays for employment growth. …
Persistent link: https://www.econbiz.de/10010262178
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the frictionless equilibrium view; (ii) the chain reaction theory, or prolonged adjustment view; and (iii) the hysteresis view. While the frictionless view implies a clear...
Persistent link: https://www.econbiz.de/10010276421
earnings and employment rates, while other workers indirectly gain from robot adoption. We also find that the negative effects …
Persistent link: https://www.econbiz.de/10014296741