Similar Search Results

The minimum wage from a two-sided perspective

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2014

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...

Persistent link: https://www.econbiz.de/10010369825

Labour markets in the time of coronavirus: measuring excess

Wadsworth, Jonathan - 2020

performance, like unemployment or wage rates, show little departure from recent norms over the first few months of the crisis. The …

Persistent link: https://www.econbiz.de/10012256316

Informal work along the business cycle : evidence from Argentina

Albertini, Julien; Poirier, Arthur; Sopraseuth, Thepthida - In: IZA Journal of development and migration 11 (2020) 1/19, pp. 1-16

employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …

Persistent link: https://www.econbiz.de/10012415847

To shape the future : how labor market entry conditions affect individuals s long-run wage profiles

Brunner, Beartice; Kuhn, Andreas - 2009

We study the long-run effects of initial labor market conditions on wages for a large sample of male individuals entering the Austrian labor market between 1978 and 2000. We find a robust negative effect of unfavorable entry conditions on starting wages. This initial effect turns out to be quite...

Persistent link: https://www.econbiz.de/10011343912

Assessing the Effects of Internal Devaluation Strategy in the Wake of the Eurozone Crisis : An Analysis of Labour Market Flexibilisation and the Working Poor in Europe

Petry, Johannes - 2014

In the current European crisis, neoliberal ideas dictate the policy agenda. The propagated solution in the European economic misery is “internal devaluation”: Austerity and labour market flexibilisation are the main goals of economic policy making. Focusing on labour market flexibilisation,...

Persistent link: https://www.econbiz.de/10013052532

Labour supply and employment in the euro area countries - developments and challenges

Masuch, Klaus; Gómez-Salvador, Ramon; … - 2008

The aim of this report, which has been prepared by a Task Force of the Monetary Policy Committee of the Eurosystem, is to describe and analyse the main developments in labour supply and its determinants in the euro area, review the links between labour supply and labour market institutions,...

Persistent link: https://www.econbiz.de/10011606239

Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies

van den Berg, Gerard J. - 2003

It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...

Persistent link: https://www.econbiz.de/10010261543

Empirical Labor Search: A Survey

Eckstein, Zvi; van den Berg, Gerard J. - 2003

This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual characteristics. The starting points of the literature are...

Persistent link: https://www.econbiz.de/10010273738

Falling labor share and rising unemployment: Long-run consequences of institutional shocks?

Berthold, Norbert; Fehn, Rainer; Thode, Eric - 1999

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

Persistent link: https://www.econbiz.de/10010300343

Subjective employment insecurity around the world

Green, Francis - 2008

known institutional characteristics. In general, subjective employment insecurity tracks the unemployment rate. …

Persistent link: https://www.econbiz.de/10010277797