Medicare hospital payments are adjusted to reflect variation in hospital wages across geographic areas by grouping hospitals into labor market areas. By only recognizing the average wage in an area, Medicare encourages hospitals to contain costs. Labor market area definitions have recently received renewed attention because of their impact on hospital payments. Alternative labor market areas we...

Labor Market Pooling, Outsourcing and Labor Contracts Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from Chamberlinian externalities. Firms may also protect ...

Abstract While the level of women’s participation in the labor market is on the rise in the world, the level of participation of Iranian women has not proportionately increased, and women constitute only a small portion of the active population in Iran. Among factors affecting women’s participation in the labor market are the decisions concerning retirement and the willingness to work by the m...

Problem definition: We seek to provide an interpretable framework for segmenting users in a population personalized decision making. Methodology/results: propose general methodology, market segmentation trees (MSTs), learning segmentations explicitly driven by identifying differences user response patterns. To demonstrate the versatility of our we design two new specialized MST algorithms: (i) ...

A distinguishing feature of labor services is that they are immediately perishable. This paper explores the implications of immediate perishability for the market for homogenous labor services that are sold in a centralized exchange. The analysis sheds light on the nature of unemployment. The paper also explores implications for the role of labor cartels and firms in providing workers an altern...

As China passes through its Lewis turning point characterized first by the appearance of a labor shortage and a constant increase in wages, its labor market shows both features of the dual economy and neoclassical growth. This paper first depicts the trend of population as a root cause of the labor market transition from dual economy to neoclassical scenario. It then reveals the changed labor m...

the purpose of was segmentation of customers according to benefit sought. market segmentation is viewing a heterogeneous market as a number of smaller homogeneous markets, in response to differing preferences, attributable to the desires of customers for more precise satisfaction of their varying wants. the data analysis was based on questionnaires which had been gathered from three metropolise...

Unemployment dynamics differ markedly between the United States and Germany: over the 1980s and 1990s, spells of unemployment have been considerably shorter, and sectoral mobility rates were consistently higher among displaced workers in the United States than those experienced by German workers. In the light of earlier research on Germany’s strongly skilland occupation-based labor market struc...