منابع مشابه
Labor Market Slack and Monetary Policy ∗
In the wake of a severe recession and a sluggish recovery, labor market slack cannot be gauged solely in terms of the conventional measure of the unemployment rate (that is, the number of individuals who are not working at all and actively searching for a job). Rather, assessments of the employment gap should reflect the incidence of underemployment (that is, people working part-time who want a...
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As a consequence of the rapid growth of temporary agency employment in Germany the debate on the remuneration of temporary agency workers has intensified recently. The study finds that the temp wage gap in Germany is indeed large. Decomposition reveals that the gap is mainly driven by differences in personal characteristics. Temps already suffer from a marked wage decline before entering the te...
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This article analyzes the effect of product-market competition on managerial incentives. In contrast to Hart (1983a), I show that competition may actually exacerbate the incentive problem. The difference in results derives from our different assumptions about managerial preferences. The importance of assumptions about preferences suggests that we do not yet understand the precise mechanism thro...
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Using county level data from 1969-200 and various OLS and TSLS models, we find that increases in local per capita earnings and employment lowers voter turnout in gubernatorial and Senate elections but has not effect on Presidential turnout. We present a model in which risk-averse agents vote only if sufficiently informed about political candidates. When agents work more, as they do in periods o...
متن کاملGlobalization and the Labor Market
I thank Allan Mendelowitz and Matt Slaughter for helpful comments. All opinions and errors are mine. 1 In this paper I survey the effects of international trade and other influences on the US labor market. First, I examine the move toward globalization and its various manifestations. Second, I trace out the main labor market changes that have occurred over the last two or three decades – declin...
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ژورنال
عنوان ژورنال: IMF Working Papers
سال: 2019
ISSN: 1018-5941
DOI: 10.5089/9781513508344.001