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Whodunnit? Changes in the Relative Demand for Unskilled and Skilled Labor
Schimmelpfennig, Axel - Institut für Weltwirtschaft (IfW) - 1999
relative wage of the skilled. Increasing unemployment results only for a restrictive assumption about labor market rigidities. …
Persistent link: https://www.econbiz.de/10005755135
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The Macroeconomics of the Labor Market: Three Fundamental Views
Karanassou, Marika; Sala, Hector; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2007
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run ‡uctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10005755272
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Working-week flexibility: Implications for employment and productivity
Osuna, Victoria - Institut für Weltwirtschaft (IfW) - 2013
This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly hours worked introduced in the recent Spanish labour market reform (the 2012 reform). A crucial aspect of the model will be the extent to which firms will be able to choose the...
Persistent link: https://www.econbiz.de/10010956138
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Provision of public goods, voting and agglomerative bias
Kopp, Andreas - Institut für Weltwirtschaft (IfW) - 1998
Skill-biased technical change is identified as the driving force behind the changing skill composition in OECD countries rather than structural change. The finding is partly the result of the sectoral view taken. This paper suggests a different view which uses the production process as a...
Persistent link: https://www.econbiz.de/10009276245
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Macroeconomic Relaxation: Adjustment Processes of Hierarchical Economic Structures
Hawkins, Raymond; Aoki, Masanao - Institut für Weltwirtschaft (IfW) - 2008
examining the relationship between output and demand as mediated by changes in unemployment, or Okun's law. We also demonstrate …
Persistent link: https://www.econbiz.de/10005097460
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The Effect of Low-Wage Subsidies on Skills and Employment
Oskamp, Frank; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2006
We explore the far-reaching implications of low-wage subsidies on skill formation, aggregate employment and welfare. Low-wage subsidies have three important effects. First, they promote employment of low-skilled workers (who tend to be the ones who earn low wages). Second, by raising the payoff...
Persistent link: https://www.econbiz.de/10005103185
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Interactions between Employment and Training Policies
Oskamp, Frank; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2007
This paper examines the interactions between employment and training policies. Their effectiveness in stimulating income and employment may be interdependent for various important reasons. For example, the more employment policies stimulate the employment rate, the greater the length of time...
Persistent link: https://www.econbiz.de/10005755249
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The aggregate effects of long run sectoral reallocation
Reicher, Claire - Institut für Weltwirtschaft (IfW) - 2014
The construction bust which accompanied the Great Recession, and the accompanying need to shift workers across sectors, have provoked a discussion about mismatch and the Beveridge Curve, alongside a discussion about firm-level dispersion. These discussions echo an ongoing discussion about the...
Persistent link: https://www.econbiz.de/10010887017
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An Incentive Theory of Matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2010
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10010955922
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Incentives and Complementarities of Flexicurity
Brown, Alessio J. G.; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2009
renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …
Persistent link: https://www.econbiz.de/10005079106