Arbeitspapier

The equilibrium rate of unemployment in varying micro-institutional settings

A major issue in the current economic debate is related to the striking difference betweenEurope, Japan and US concerning the level and evolution of unemployment. This paperexplores the micro determinants of these observed stylized facts. In a first part, atheoretical framework is presented allowing to address this comparative analysis. Thestarting point is the definition of different micro-institutional settings encompassing: (i) the structure of the firm; (ii) the system of education or vocational training; (iii) thenature of the labor market. In particular, the notion of mode of organization of the firmwill be defined. In a second part, a model is proposed which takes up a radicaleconomics perspective to analyze the choice made by firms about wage and effort, subject to their mode of organization. The main results point to the crucial role played by the mode of organization of the firm and the nature of workers' competence as key-determinants of the different observable levels of the unemployment rate across main developed countries.

Sprache
Englisch

Erschienen in
Series: WZB Discussion Paper ; No. FS I 98-302

Klassifikation
Wirtschaft
Thema
Theorie der Arbeitslosigkeit
Theorie der Unternehmung
Berufsbildung
Effizienzlohn
Organisationsstruktur
Theorie

Ereignis
Geistige Schöpfung
(wer)
Gatti, Donatella
Ereignis
Veröffentlichung
(wer)
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
(wo)
Berlin
(wann)
1998

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gatti, Donatella
  • Wissenschaftszentrum Berlin für Sozialforschung (WZB)

Entstanden

  • 1998

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