Showing 1 - 10 of 8,576
This paper evaluates the extent of wage rigidities in Colombia over a period, 2002-2014, in which the fall in … unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a … description of the wage setting rule in Colombia, compare it with the common one in the advanced economies, and call for a far …
Persistent link: https://www.econbiz.de/10011653397
This paper addresses the design of the machinery of collective bargaining from the perspective of the needs of microeconomic and macroeconomic flexibility. In the former context, greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011420762
of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …
Persistent link: https://www.econbiz.de/10010274565
regional unemployment. Consequently, using detail individual data from 2004/2005, we analyze the annual hikes in the minimum … probabilities. Our results reveal that the minimum wage has had a significant impact on increasing regional unemployment and …
Persistent link: https://www.econbiz.de/10010322179
domains with macro-structural relevance (employment protection legislation, unemployment benefits, wage setting). Reforms tend … improved activity rates and lower unemployment. …
Persistent link: https://www.econbiz.de/10010435629
The authors investigate the employment consequences of minimum wage regulation in 16 OECD countries, 1970-2008. Their treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study. Apart from the longer time interval examined, a major departure is the authors' focus on...
Persistent link: https://www.econbiz.de/10010290992
This paper analyses the main features and determinants of labour market reforms in the EU over the period of 2000 - 2011 using the European Commission LABREF database. The data suggests that the timing, focus, and geographical distribution of reforms reflect the interplay between economic shocks...
Persistent link: https://www.econbiz.de/10011606570
reforms is positively associated with the unemployment rate, the simultaneous implementation of fiscal consolidation measures … unemployment rate in the short run when they are approved during contractionary periods-while they have a non-significant effect …
Persistent link: https://www.econbiz.de/10011606597
This paper addresses the design of the machinery of collective bargaining from the perspective of microeconomic and macroeconomic flexibility. In the former context, somewhat greater attention is given over to enterprise flexibility than external adjustment. In the latter context, close...
Persistent link: https://www.econbiz.de/10011986216
Following the approach recently developed for the International Wage Flexibility Project (IWFP), the paper presents new estimates of downward real and nominal wage rigidity for Hungary. Results suggest that nominal rigidity is more prominent in Hungary than real rigidity. When compared to other...
Persistent link: https://www.econbiz.de/10011605418