This article shows that state control of some industries may have contributed to the increase in European unemployment from the 1970s to the early 1990s. We develop a simple two-sector model, one privately run and one publicly run, that has risk-averse workers directing their search into one of...

We use structural vector autoregressions to analyze the responses of worker flows, job flows, vacancies, and hours to shocks. We identify demand and supply shocks by restricting the short-run responses of output and the price level. On the demand side we disentangle a monetary and non-monetary...

The increase in unemployment to relatively high levels for Switzerland in the 1990s gave rise to two fears: First, that economic growth no longer has any effect on employment (jobless growth), and second, that the equilibrium rate of unemployment, i.e. the rate of employment that prevails even...

We examine the labor market for the highly trained in nanotechnology and the response of universities toward providing training. We draw comparisons with the labor market and university response in bioinformatics. The demand analysis is based on position announcements in Science in 2002 compared...

This paper presents a model of occupational choice in a labor market characterized by moral hazard. The model demonstrates that in such a labor market, workers' occupational choices are determined by not only their comparative advantage but also their effort decisions in each occupation. The...

Integration of the labor markets between a rich country (North) and a poor country (South) often leads to high unemployment in the South and transfers from North to South: for instance, United States vs. Puerto Rico; West vs. East Germany; Northern vs. Southern Italy. We present a general...

In 2002-2005, Latvian labor market has witnessed dramatic changes related both to unprecedented economic growth and to a massive outflow of labor force after EU enlargement in May 2004. This study, based on micro-level analysis of Latvian Labor Force surveys 2002-2005, provides a detailed...

One area of health services in the UK which has been neglected by commentators is the supply of skilled medical staff within a nationalised health service. This is a surprising omission because in the UK we have a labour market for doctors which exhibits the worst aspects of monopoly....

The goal of this article is to examine how immigrant enclaves influence labor market outcomes. We examine the effect of ethnic concentrations on earnings in the state of California. Individual-level wage equations that control for several observable human capital and demographic characteristics...

I relate hours worked with taxes on consumption and labor. I propose a model and compare its predictions for Portugal, France, Spain, United Kingdom and United States. Hours per worker in Portugal decreased from 35.1 in 1986 to 32.6 in 2001. With only the parameters and the taxes for Portugal,...