Showing 1 - 10 of 2,638
In 1990 a reform in Italy has modified the employment protection legislation for employees of small firms (with fewer than 16 employees) making much more costly for firms to dismiss workers, while leaving unchanged the employment protection in large firms. Using a sample of administrative data...
Persistent link: https://www.econbiz.de/10015217821
The traditional and almost universal method of expressing real wages is by index numbers, according to the formula: RWI … ascertaining whether changes in nominal (money) wages or changes in the price level were paramount in determining changes in real … wages. But it does not permit us to make any judgements about the levels of real wages and thus does not permit us to make …
Persistent link: https://www.econbiz.de/10015267378
The impact assessment of education and gender on mid-career labour income in a transitional economy could provide for better understanding of the influence of the labour market dynamics over individuals with different characteristics. Here, we attempt to find an answer to the question: How...
Persistent link: https://www.econbiz.de/10015240867
performance. Thus high incomes reflect the high marginal productivity of labour of the affluent working population. While the … research gap by investigating the structure of high labour incomes in Germany. By revealing the determinants of high incomes by …
Persistent link: https://www.econbiz.de/10015244931
This paper provides evidence for the size of firing costs for eight countries. In contrast to the existing literature, we use the optimality conditions obtained in a search and matching model to find a reduced form equation for firing costs. We find that our estimates are slightly larger...
Persistent link: https://www.econbiz.de/10015244238
This study is to empirically investigate the effect of real wages on productivity in Malaysia using monthly data from … January 1983 to November 2009. The Johansen’s test suggests that wages and productivity are cointegrated. Moreover …, productivity and real wages have a quadratic relationship in the long run (i.e., inverse-U shape curve) instead of linear …
Persistent link: https://www.econbiz.de/10015222616
This study is to empirically investigate the effect of real wages on labour productivity in Malaysia’s manufacturing … sector using annual data from 1980 to 2009. The Johansen’s test suggests that real wages and labour productivity are … cointegrated. Moreover, productivity and real wages have a quadratic relationship (i.e. inverted-U shaped curve) instead of linear …
Persistent link: https://www.econbiz.de/10015224633
This paper investigates the empirical relationship between labor productivity, real wages and real GDP in Singapore … relation between labor productivity and real GDP but that wages seem to be caused by other underlying factors. However, real … wages respond positively to positive shocks in the real GDP or labor productivity using cholesky or generalized …
Persistent link: https://www.econbiz.de/10015229119
Economists have long been studying the shares of labour and capital in income. Surprisingly, no such empirical studies exist for Australia. This paper looks at a number of variables that can affect labour’s share in income: unemployment, capacity utilisation, growth rate of GDP and changes in...
Persistent link: https://www.econbiz.de/10015233023
The study investigates the relationships between the labour share of income and several macroeconomic variables – the GDP growth, inflation, unemployment, as well as GDP gap and capacity utilization – in industrialised economies between 1960 and the 2010s. Three complementary hypotheses that...
Persistent link: https://www.econbiz.de/10015259826