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Wage flexibility in a unionized economy with stable wage dispersion
Carlsson, Mikael; Häkkinen Skans, Iida; Nordström … - 2019
The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … changes in regional unemployment. Accounting for the fluctuations in composition of the employees is important for the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
Persistent link: https://www.econbiz.de/10011973148
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Scars of recessions in a rigid labor market
Cockx, Bart; Ghirelli, Corinna - 2015
We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...
Persistent link: https://www.econbiz.de/10010488823
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Has the Dutch miracle come to an end?
Ours, Jan C. van - 2003
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …
Persistent link: https://www.econbiz.de/10011507711
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Wage setting over the business cycle and the effect of employment protection on human capital formation
Sonntag, Marcus - 2009
Persistent link: https://www.econbiz.de/10003881509
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Essays on employment protection and the consequences of job loss
Lücke, Christine - 2020
Persistent link: https://www.econbiz.de/10012491631
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Downward wage rigidities in the euro area
Anderton, Bob; Bonthuis, Boele - 2015
Persistent link: https://www.econbiz.de/10011344997
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Rigidità nel mercato del lavoro, disoccupazione e crescita
Schivardi, Fabiano - 1999
Persistent link: https://www.econbiz.de/10013439210
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Labor market policies and IMF advice in advanced economies during the Great Recession
Blanchard, Olivier J.; Jaumotte, Florence; Loungani, Prakash - In: IZA Journal of Labor Policy 3 (2014), pp. 1-23
In this paper we present and analyze the IMF's labor market recommendations for advanced economies since the beginning of the crisis, both in general and specifically in program countries. Our analysis is informed by our reading of the theoretical and empirical literature on the design of labor...
Persistent link: https://www.econbiz.de/10011606536
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International outsourcing and wage rigidity : a formal approach and first empirical evidence
Horgos, Daniel - 2009
unemployment when taking place in industries characterized by low skilled wage rigidity. Thus, in terms of unemployment, not …
Persistent link: https://www.econbiz.de/10011373516
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Wage rigidity and labor market dynamics with sorting
Schulz, Bastian - 2015
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707