EQUILIBRIUM INTHE LABOR MARKET So far we have established two facts about how wages are determined in competitive labor markets: • The wage adjusts to balance the supply and demand for labor.] • The wage equals the value of the marginal product of labor. At first, it might seem surpri...
Labour pooling, labour poaching, and spatial clustering When firms cluster in the same local labour market, they face a trade-off between the benefits of labour pooling (i.e., access to workers whose knowledge h... Pierre-Philippe,Combes,and,... - 《Regional Science & Urban Economics》 被...
This paper extends the basic, multimarket model of Lucas (1973), to explicitly consider the labour market. It builds on an important distinction between the product wage, entering the decision function of firms, and the real wage, entering the decision function of workers. Because of the un...
Monopoly Power in Labor Market,Minimum Wage and Income Inequality; 垄断劳动力市场、最低工资限制和不平等 更多例句>> 4) labour market 劳动力市场 1. : Since reformation of the economic system, a certain development has been seen in our enterpriselabour market. ...
will reachanequilibriumwithlabour supply inthemarket. legco.gov.hk legco.gov.hk 不過,我們都知道,工資和勞 工市場的關係是供求關係,在人力供應過剩的時期,薪金雖然下跌,但薪金 絕不會永無止境地下跌,在下跌到一定水平時,便會與勞工供應市場達致平衡。
The labor market outcomes of transition economies have been diverse in terms of reallo-cation of workers. In addition, recent evidence suggests that the reallocation process varies for workers with di¤erent skills. To evaluate the reallocation of skills during transition, I build an equilibrium mod...
The Labour Market Characteristics and Labour Market Impacts of Immigrants in Ireland The model of the labour market that we use to simulate the impact of immigration differentiates between low-skilled and high-skilled labour. This allows ... A Barrett,A Bergin,D Duffy - 《Iza Discussion Papers...
28 Robert FREY - 180 years of Market Drawdowns 1:02:04 Mikhail Gromov - Mathematics behind massive artificial evolutionselection proces 43:33 Alain Aspect - De la dualité onde-particule à l'intrication les deux révolutions 1:11:57 Don Zagier - Partitions, quasimodular forms, and Siegel-...
This paper examines the relation between uemployment compensation and unemployment in The Netherlands. This relation is studied by menas of a small macroeconomic model for an open economy that assumes equilibrium in the labour market and on the current account. The model yields an elasticity of ...
This paper is concerned with a structural econometric model of non-equilibriumbehavior in games, with the goal of identifying and estimating the solution c... B Kline - 《Quantitative Economics》 被引量: 5发表: 2018年 On the potential interaction between labour market institutions and immigration ...