Education is the main resource of young people entering the labour market for securing employment, in competing for adequate employment contracts and to fulfill their occupational aspirations. As European countries differ widely in the institutional structure of their education and training systems and labour markets, different resources are provided to school-leavers entering into working life...

One of the peculiarities Spanish labour market has been existence a high share temporary employment, result 1984 reform which made use contracts more flexible. Since 1994, various reforms have sought to increase open-ended and discourage fixed-term contracts. Although these reforms, in particular 2012 2021 led reduction workers they also created other unintended problems, such as duration contr...

This paper adopts a regulation framework to chart the emergence of neo-Fordism as a flexible accumulation regime and mode of social regulation. Neo-Fordism relies on old Fordist principles as well as incorporating new models of emergent post-Fordisms; old and new social relationships, in their particular combination, specify the trajectory of national variants. I argue that Fordist bargains ins...

This paper analyses the contract-posting equilibrium in a general equilibrium matching model of the labour market with on-the-job turnover. Privately optimal contracts have a rising wage-tenure profile, even when productivity is constant. The effect is to reduce equilibrium turnover; when jobs differ in productivity, turnover is below the level required for efficient matching of workers to jobs...

Division of labour has been recognised as a source of wealth to nations, by some experts without considering its effects on labour. However, some experts are of the view that increasing division of labour contracts the range of choice of ways of making a living for the working class. Thus the outcome of division of labour is the lowering of value of individual workers. Workers’ activities becom...

According to a widespread point of view, flexibility in the labour market is considered a means to fight unemployment and to increase labour productivity. But if flexibility is introduced into the system at the margin (only for new contracts) then its effect may be ambiguous and even perverse as Blanchard and Landier (2002) argued. This work follows this strand and demonstrates that partial ref...

We present a tractable general equilibrium model with multiple sectors in which firms offer workers incentive contracts and simultaneously raise capital in stock markets. Workers optimally invest in the stock market and at the same time hedge labour income risk. Firms rationally take agents’ portfolio decisions into account. In equilibrium, the cost of capital of each sector is endogenous. The ...

BACKGROUND Recent national policy changes have provided greater flexibility in GPs' contracts. One such policy is salaried employment, which offers reduced hours and freedom from out-of-hours and administrative responsibilities, aimed at improving recruitment and retention in a labour market facing regional shortages. AIM To profile salaried GPs and assess their mobility within the labour mar...

This chapter is concerned with women working in the export-oriented readymade garment industry in Bangladesh. Although the majority of these women are located in what is officially classified as ‘the formal economy’, the nature of their contracts and their terms and conditions are more typical of work in the informal economy. Their situation illustrates the point made by a number of authors tha...