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Can Insider Power Affect Employment?
Diaz-Vazquez, Pilar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2002
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a … counterveiling fall in reservation wages, leaving the present value of wage costs unchanged. Our analysis contradicts this …
Persistent link: https://www.econbiz.de/10005123530
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Does employees’ compensation vary with corporate profit?
Seip, Knut Lehre; McNown, Robert F. - In: Journal of policy modeling : JPMOD ; a social science … 37 (2015) 2, pp. 281-290
Persistent link: https://www.econbiz.de/10011478370
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Intangible capital and the rise in wage and hours volatility
Mitra, Shalini - In: Journal of economic dynamics & control 100 (2019), pp. 70-85
Persistent link: https://www.econbiz.de/10012130946
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On the cyclicality of real wages and wage differentials
Otrok, Christopher M.; Pourpourides, Panayiotis M. - In: The B.E. journal of macroeconomics 19 (2019) 1, pp. 1-18
Persistent link: https://www.econbiz.de/10011978104
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Employment time and the cyclicality of earnings growth
Hoffmann, Eran B.; Malacrino, Davide - In: Journal of public economics 169 (2019), pp. 160-171
Persistent link: https://www.econbiz.de/10012160323
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Wage led aggregate demand in the United Kingdom
Jump, Robert; Mendieta-Muñoz, Ivan - In: International review of applied economics 31 (2017) 5, pp. 565-584
Persistent link: https://www.econbiz.de/10011797295
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Job ladders and growth in earnings, hours, and wages
Hahn, Joyce K.; Hyatt, Henry R.; Janicki, Hubert P. - In: European economic review : EER 133 (2021), pp. 1-34
Persistent link: https://www.econbiz.de/10012693732
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Cyclical earnings, career and employment transitions
Carrillo-Tudela, Carlos; Visschers, Ludo; Wiczer, David - 2022
Persistent link: https://www.econbiz.de/10013382313
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Swarming Mechanics
Justman, Moshe - In: Economics of Innovation and New Technology 4 (1996) 3, pp. 235-244
This paper sets out some microfoundations for Schumpeter' s theory of innovation-driven business cycles. A model is developed to represent these cycles, which incorporates two of the three main elements of Schumpeter's analysis: innovation and profit-seeking. The third element emphasized by...
Persistent link: https://www.econbiz.de/10009200553
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Macro-financial linkages and business cycles: A factor-augmented probit approach
Bellégo, C.; Ferrara, L. - In: Economic Modelling 29 (2012) 5, pp. 1793-1797
In this paper, we analyze macro-financial linkages in the euro area by implementing an innovative factor-augmented probit model estimated using a large database. In particular, our model specification enables the identification of the leading influence of financial variables on euro area...
Persistent link: https://www.econbiz.de/10010597487