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We examine the interactions between public and private sector wages per employee inOECD countries. The growth of public sector wages and of public sector employmentpositively affects the growth of private sector wages. Moreover, total factor productivity, theunemployment rate and the degree of...
Persistent link: https://www.econbiz.de/10009360569
During the Great Recession following the recent financial crisis large fiscal stimuli were implemented to counteract labor market sclerosis. We explore the effectiveness of various fiscal packages in a matching model featuring inefficient unemployment and a rich fiscal sector employing...
Persistent link: https://www.econbiz.de/10010322430
This paper investigates the process of adjustment in employment. A dynamic model is applied to a panel of six Tunisian …, output, quasi-fixed capital stock and technology. The empirical results show that in the long run, employment demand responds … greatest to value-added, followed by capital stock changes, and least by wages. The speed of adjustment in employment and the …
Persistent link: https://www.econbiz.de/10010262110
labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the … employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact …
Persistent link: https://www.econbiz.de/10010272347
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10010274716
To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained … in a multivariate framework for three sets of sectors. We get a relationship in which employment rises with growth and … permits to measure retrospectively the contributions of each of the variables to employment inflections since the mid-eighties. …
Persistent link: https://www.econbiz.de/10010275663
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10010295298
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10010298813
Persistent link: https://www.econbiz.de/10011695608
Persistent link: https://www.econbiz.de/10011695609