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Unemployment, Growth and Fiscal Policy: New Insights on the Hysteresis Hypothesis
Raurich, Xavier; Sala, Hector; Sorolla, Valeri - Institute for the Study of Labor (IZA) - 2004
We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and …
Persistent link: https://www.econbiz.de/10005822131
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Unemployment Invariance
Karanassou, Marika; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10005822664
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Life Satisfaction in Urban China: Components and Determinants
Song, Lina; Appleton, Simon - Institute for the Study of Labor (IZA) - 2008
other countries. These include, inter alia, unemployment, income, marriage, sex, health and age. Communist Party membership …
Persistent link: https://www.econbiz.de/10005703059
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Euroskepticism in the Crisis: More Mood than Economy
Ritzen, Jo; Zimmermann, Klaus F.; Wehner, Caroline - Institute for the Study of Labor (IZA) - 2014
Before the Great Recession, rising income inequality within the European Union member states has been considered to be one driver for an increasing Euroskepticism. Using rich data on attitudes towards European integration from the Eurobarometer (EB) surveys, we revisit the issue by analyzing the...
Persistent link: https://www.econbiz.de/10010748385
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The Role of Sectoral Growth Patterns in Labor Market Development
Arias-Vazquez, Francisco Javier; Lee, Jean Nahrae; … - Institute for the Study of Labor (IZA) - 2012
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10010585691
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Wage Determination and Imperfect Competition
Booth, Alison L. - Institute for the Study of Labor (IZA) - 2014
A striking feature of the past few decades has been the development of wage-determination models that assume that labour markets are imperfectly competitive. This paper discusses two such models (trade unions and oligopsony), although there are many more. It also asks if imperfectly competitive...
Persistent link: https://www.econbiz.de/10010959709
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Hiring Discrimination against Pro-Union Applicants: The Role of Union Density and Firm Size
Baert, Stijn; Omey, Eddy - Institute for the Study of Labor (IZA) - 2014
We study the causal impact of revealing pro-unionism during the recruitment stage on hiring chances. To this end, we conduct a randomised field experiment in the Belgian labour market. When matched with employer and sector data, the experimentally gathered data enable us to test the...
Persistent link: https://www.econbiz.de/10010959853
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The Determinants of Earnings Inequalities: Panel Data Evidence from South Africa
Kerr, Andrew; Teal, Francis J. - Institute for the Study of Labor (IZA) - 2012
In this paper we analyse the relative importance of individual ability and labour market institutions, including public sector wage setting and trade unions, in determining earnings differences across different types of employment. To do this we use the KwaZulu-Natal Income Dynamics Study data...
Persistent link: https://www.econbiz.de/10010839295
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Union Membership Effect on Wage Premiums: Evidence from Organized Manufacturing Industries in India
Bhandari, Amit Kumar - Institute for the Study of Labor (IZA) - 2008
Trade unionism is a legislative system of organizing workers and raising voices for economic and social goods. As the process of global integration deepens the labour market become more flexible and fragmented, rendering collective organization more and more difficult. In this backdrop, the...
Persistent link: https://www.econbiz.de/10005703086
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How Successful Have Trade Unions Been? A Utility-Based Indicator of Union Well-Being
Pencavel, John - Institute for the Study of Labor (IZA) - 2008
Can conventional economic analysis help in defining and measuring the success of labor unions? In this paper, a general indicator of union welfare is proposed and particular expressions for the wage and employment objectives of unions are rearranged to derive measures of union success or...
Persistent link: https://www.econbiz.de/10005703182