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This paper presents a survey of the economics of unemployment. It covers competitive and imperfect competition models, the role of different methods of wage determination, and explanation of postwar unemployment patterns in the OECD countries. Copyright 1990 by Royal Economic Society.
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This paper assesses the relative importance of local labour market conditions and pupil educational attainment as primary determinants of the post-compulsory schooling decision. Using a nested logit model we formally incorporate the structured and sequential decision process pupils engage with....
Persistent link: https://www.econbiz.de/10010282218
Purpose: The purpose of this paper is to assess the role of local labour market conditions and pupil educational attainment as primary determinants of the post-compulsory schooling decision. Design/methodology/approach: Through the specification of a nested logit model, the restrictive...
Persistent link: https://www.econbiz.de/10012070310
In the UK the gender pay gap on entry to the labour market is approximately zero but after ten years after labour market entry, there is a gender wage gap of almost 25 log points. This paper explores the reason for this gender gap in early-career wage growth, considering three main hypotheses -...
Persistent link: https://www.econbiz.de/10005510458
Using data from the British Household Panel Survey, 1991-97 this paper investigates the structure of the female wage equation and the gender wage differential. The discriminatory portion of the gender wage differential is overstated by over 40% when inadequate measures of female labour market...
Persistent link: https://www.econbiz.de/10005016894