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Wage flexibility in a unionized economy with stable wage dispersion
Carlsson, Mikael; Häkkinen Skans, Iida; Nordström … - 2019
The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … changes in regional unemployment. Accounting for the fluctuations in composition of the employees is important for the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
Persistent link: https://www.econbiz.de/10011973148
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Has the Dutch miracle come to an end?
Ours, Jan C. van - 2003
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …
Persistent link: https://www.econbiz.de/10011507711
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The implications of wage structure rigidity on human capital accumulation, economic growth and unemployment : a Schumpeterian approach to endogenous growth theory
Nusser, Michael - 1999
The approach put forward in this article is based on Schumpeter's idea of creative destruction, the competitive process by which entrepreneurs are always looking for new ideas that will render their rivals' ideas obsolete. I present a model in which the rate of economic growth is sensitive to...
Persistent link: https://www.econbiz.de/10010499923
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IAB employment subsample 1975-1995 : opportunities for analysis provided by the anonymised subsample
Klose, Christoph; Haas, Anette; Bender, Stefan - 2000
social insurance system. Supplementary information on establishments and on unemployment periods in which a claimant received …
Persistent link: https://www.econbiz.de/10011325668
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International outsourcing and wage rigidity : a formal approach and first empirical evidence
Horgos, Daniel - 2009
unemployment when taking place in industries characterized by low skilled wage rigidity. Thus, in terms of unemployment, not …
Persistent link: https://www.econbiz.de/10011373516
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Wage rigidity and labor market dynamics with sorting
Schulz, Bastian - 2015
This paper adds two-sided ex-ante heterogeneity and a production technology inducing sorting to the canonical Diamond-Mortensen-Pissarides (DMP) search and matching model. Ex-ante heterogeneity and sorting have important implications for the dynamic properties of the model. The modifications...
Persistent link: https://www.econbiz.de/10011280707
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Regional subsidies and interregional labor movement
Matsuzaki, Daisuke; Ono, Yoshiyasu - 2018
) the recipient region if it specializes in labor-intensive (land-intensive) activities. If unemployment prevails in both …
Persistent link: https://www.econbiz.de/10011903804
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How cyclical is the user cost of labor?
Kudlyak, Marianna - 2024
In employment relationships, a wage is an installment payment on an implicit long-term agreement between a worker and a firm. The price of labor that impacts firm's hiring decisions, instead, reflects the hiring wage as well as the impact of economic conditions at the time of hiring on future...
Persistent link: https://www.econbiz.de/10014507553
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International outsourcing and wage rigidity : a formal approach and first empirical evidence
Horgos, Daniel - 2009
unemployment when taking place in industries characterized by low skilled wage rigidity. Thus, in terms of unemployment, not …
Persistent link: https://www.econbiz.de/10011634413
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A theory of non-Coasean labor markets
Blanco, Andres; Drenik, Andres; Moser, Christian; … - 2023
We develop a theory of labor markets in a monetary economy with four realistic features: search frictions, worker productivity shocks, wage rigidity, and two-sided lack of commitment. Due to the non-Coasean nature of labor contracts, inefficient job separations occur in the form of endogenous...
Persistent link: https://www.econbiz.de/10014278008