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degree of frictions and other determinants. We correct for worker self-selection into high-wage jobs. Using within …
Persistent link: https://www.econbiz.de/10011255845
variable. Wage level, monitoring intensity and consequently the desired enforceable effort level are jointly determined by the …
Persistent link: https://www.econbiz.de/10011255473
firm with stochastic product demand and hiring cost (= irreversible specific investments). There is wage bargaining between …
Persistent link: https://www.econbiz.de/10011255817
In this paper we investigate trade union formation. To this end we apply a model with two types of labour where both groups decide on whether they prefer to be represented by either two independent craft-specific (professional) labour unions or by a joint (encompassing) labour union. Applying...
Persistent link: https://www.econbiz.de/10011256112
as the number of job applications that workers send out. The wage distribution and job search intensities are … simultaneously opening more vacancies and increasing participation. A modest binding minimum wage or conditioning UI benefits on …
Persistent link: https://www.econbiz.de/10011256974
This discussion paper resulted in a publication in the <A HREF="https://apps.webofknowledge.com/full_record.do?product=UA&search_mode=GeneralSearch&qid=5&SID=T2lPmvB33HytcbnHQmV&page=1&doc=4">'Oxford Economic Papers-New Series'</A>, 2013, 65(2), 219-239.<P> This paper first documents the increase in the time lag with which labor input reacts to output fluctuations ("the labor adjustment lag") that is visible in US data since the...</p></a>
Persistent link: https://www.econbiz.de/10011256598
In the past decades several features of U.S. unemployment dynamics have been investigated empirically. The original focus of research was on the duration of unemployment. In later studies the cyclicality of incidence and duration, compositional effects and duration dependence of the exit rate...
Persistent link: https://www.econbiz.de/10011257090
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the total inflow into unemployment. We estimate the...
Persistent link: https://www.econbiz.de/10011256433
for median weekly earnings growth into the part associated with the wage growth ofpersons employed at the beginning and … end of the period (the wage growth effect) and the part associated withchanges in the composition of earners (the … tight job switchers get high wage increases,making them account for half of the variation in median weekly earnings growth …
Persistent link: https://www.econbiz.de/10011257608
This discussion paper resulted in a publication in the 'Review of Economics and Statistics' (2012). Volume 94, issue 4, pages 1143-1156.<P> We study the cyclical pattern of entrepreneurial activity. Results across 22 OECD countries for the period 1972-2007 show that entrepreneurial activity is a...</p>
Persistent link: https://www.econbiz.de/10011255833