Global Recession to Global Recovery: It is well known fact that all good things, as also bad things, come to an end and business cycles pass through good and bad economic times. Economically 2010 was a year of transition from economic recession to recovery. Economies were improving in some...

When labor incomes approach subsistence levels, the labor supply curve slopes outward, because the fight for survival mandates households to look for longer work hours in response to falling wage rates. We explore conditions under which near-subsistence scenarios may imply wage traps, labor...

This paper examines the duties, skills and training of the technicians who work in the UK chemical industry. It examines how employers in the industry strive to fill technician roles, and outlines some of the problems they face in trying to do so

Flexible labor markets requires geographically mobile workers to be efficient. Otherwise, firms can take advantage of the immobility of workers and extract monopsony rents. In cultures with strong family ties, moving away from home is costly. Thus, individuals with strong family ties rationally...

Flexible labor markets requires geographically mobile workers to be efficient. Otherwise, firms can take advantage of the immobility of workers and extract monopsony rents. In cultures with strong family ties, moving away from home is costly. Thus, individuals with strong family ties rationally...

Marktnahe Beschäftigungsformen - z.B. die Arbeitnehmerüberlassung, die befristete Beschäftigung oder Formen der abhängigen Beschäftigung - haben national wie international an Bedeutung zugenommen. Innerhalb von Beschäftigungssystemen werden sie als flexible Alternativen im Vergleich zum...

Using the OECD-studies PIAAC and ALL, this paper shows that teachers on average have better literacy and numeracy skills than other respondents in almost all of the 15 countries in the samples. In most countries, teachers outperform others in the bottom percentiles, while in some countries they...