首页> 外文期刊>German economic review >Can Insider Power Affect Employment?
【24h】

Can Insider Power Affect Employment?

机译:内幕权力会影响就业吗?

获取原文
获取原文并翻译 | 示例
           

摘要

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired employees (entrants) receive their reservation wages. The reason given is that an increase in insider wages gives rise to a countervailing fall in reservation wages, leaving the present value of wage costs unchanged. Our analysis contradicts this conventional answer. We show that, in the context of a stochastic model of the labor market, an increase in insider wages promotes firing in recessions, while leaving hiring in booms unchanged. Thereby insider power reduces average employment.
机译:当内部人员(老员工)要求更高的工资时,企业会减少就业吗?在理论文献中,传统的答案是内部人员权力对就业没有影响,只要新雇用的雇员(进入者)获得他们的保留工资。给出的原因是内部人员工资的增加导致保留工资的下降,而工资成本的现值保持不变。我们的分析与该常规答案相矛盾。我们表明,在劳动力市场随机模型的背景下,内部人员工资的增长会促进衰退中的解雇,而繁荣时期的雇用则保持不变。从而,内幕力量减少了平均就业人数。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号