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Since 2003 the German Public Employment Service has been experimenting with the contracting out of various services. One of the new labour market programmes is Personnel Service Agencies, which provide client firms with jobseekers on a temporary assignment basis and are responsible for...
Persistent link: https://www.econbiz.de/10015215913
We propose a search equilibrium model in which homogenous firms post wages along with a vacancy to attract job …-seekers, while homogenous unemployed workers invest in costly search. The key innovation relies on the organization of the search … market and the search behavior of the job-seekers. The search market is segmented by wage level, and individuals are …
Persistent link: https://www.econbiz.de/10015230313
We propose a search equilibrium model in which homogeneous firms post wages along with a vacancy to attract job … search market and the search behavior of the job-seekers. The search market is segmented by wage level, and individuals are … ubiquitous in the sense they can choose the amount of search effort spent on each (sub-)market. We show that there exists a non …
Persistent link: https://www.econbiz.de/10015230639
This paper proposes a multi-sector matching model where workers have (symmetric) sector-specific skills and the search …
Persistent link: https://www.econbiz.de/10015230350
This paper studies a dynamic model with efficiency wages and adjustment costs associated with hiring and firing decisions. With linear adjustment costs, the optimal efficiency wage and employment are affected by the real interest rate and adjustment costs. When lumpy costs or convex adjustment...
Persistent link: https://www.econbiz.de/10015218108
This paper provides a socio-psychological theory of efficiency wage growth. The model blends agency theory with the Forced Savings hypothesis by assuming that firms set an increasing wage profile to minimize shirking costs, and that workers’ effort is positively related to the variation of...
Persistent link: https://www.econbiz.de/10015218109
This paper provides a socio-psychological theory of efficiency wage growth. The model blends agency theory with the Forced Savings hypothesis by assuming that firms set an increasing wage profile to minimize shirking costs, and that workers’ effort is positively related to the variation of...
Persistent link: https://www.econbiz.de/10015218117
The Chinese labour market has undergone an extensive restructuring in the last four-and-a-half decades, following the start of the economic reforms, and the open door policy for foreign investment in 1978, under the leadership of Deng Xiaoping. The nature of employment contracts, labour market...
Persistent link: https://www.econbiz.de/10015221650
The entrance of young people in the labour market at older ages than in the past is correlated to the increased trend in education. Both these changes, the delay in entrances and the increase in the number of years spent at school, are much more marked in the case of women. One additional school...
Persistent link: https://www.econbiz.de/10015221701
This paper examines the changes of the degree of job absorption over time in job categories of Engineering, Computer Sciences, Business Administration and General subjects. We estimated a time-delay index explaining time-delay to get the first job after completing studies in the respective...
Persistent link: https://www.econbiz.de/10015235125