This article examines the markets for land and labour in traditional Japan, where peasant families accounted for 80 per cent of the population; it focuses on the extent of these markets and how they operated. The survey of evidence, both literary and statistical, indicates that, while the size of the factor markets was small and limited, lease arrangements for farmland and the markets for seaso...

A dynamic stochastic general equilibrium model with non-clearing labour markets and imperfect competition is estimated for 21 OECD countries. The model provides for parameters both for preferences and technology and for the degree of structural rigidities on labour and product markets. These parameters are matched with policy indicators, establishing a relation between the model-based employmen...

A Flexicurity Labour Market in the Great Recession: The Case of Denmark Flexicurity labour markets are characterised by flexible hiring/firing rules, generous social safety net, and active labour market policies. How can such labour markets cope with the consequences of the Great Recession? Larger labour shedding is to be expected and this strains the social safety net and increases the demands...

National labour market institutions interact across national boundaries when product markets are global. Labour market policies can thus entail spill-overs, which suggest that there are benefits from international policy coordination. This paper studies the effects of wage subsidies in an international duopoly model with unionized labour markets. The authors document both positive and negative ...

This article uses a competence-based approach to the firm in order to analyse the recent destabilisation of internal labour markets. We argue that increasing knowledge codification made possible by the diffusion of information and communication technologies has made competences less dependent upon individuals. Knowledge has been increasingly embodied in firms themselves which has played an impo...

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BÖCKERMAN P. (2003) Unravelling the mystery of regional unemployment in Finland, Reg. Studies 37, 331–340. The study explores the determination of regional unemployment in Finland. The evaluation of regional labour markets is based on unique, linked panel data that is created by matching the conventional economic fundamentals with the measures based on gross flows of jobs and workers. The strik...

• Most of the urban poor in developing countries spend their lives in insecure, poorly paid jobs • They participate in economic growth, and adjust to economic change, through urban labour markets • Pro-poor urbanisation requires labour intensive growth, supported by labour protection, flexible land use regulation and investments in basic services U rbanisation is taking place on a massive scale...

This dissertation consists of four essays that contribute to the literature on international trade and labour markets. The first essay studies the interaction between economic integration, product and process innovation, and relative skill demand in a model of international oligopoly. As trade barriers are dismantled foreign competition intensifies. Competing enterprises respond by investing mo...