Search results for "LABOUR"
showing 10 items of 655 documents
Intertemporal Substitution in the Spanish Economy: Evidence from Regional Data*
2018
This paper studies the intertemporal substitution in consumption and leisure for the Spanish economy by estimating the first‐order conditions of an individual optimization model with regional and aggregate data. While first‐order conditions determining intertemporal substitution in consumption show a good econometric fit, and the value we obtain for the intertemporal elasticity of substitution is similar to previously available results, the econometric fit of the intertemporal condition in leisure indicates that the behaviour of the Spanish labour supply over the cycle is more complex than can be explained by the canonical intertemporal choice model.
Household Leverage and Fiscal Multipliers
2011
We study the size of fiscal multipliers in response to a government spending shock under different household leverage conditions in a general equilibrium setting with search and matching frictions. We allow for different levels of household indebtedness by changing the intensive margin of borrowing (loan-to-value ratio), as well as the extensive margin, defined as the number of borrowers over total population. The interaction between the consumption decisions of agents with limited access to credit and the process of wage bargaining and vacancy posting delivers two main results: (a) higher initial leverage makes it more likely to find output multipliers higher than one; and (b) a positive g…
Work Intensity and Labour Supply
2020
AbstractWe develop a model where individuals accumulate fatigue from work intensity when choosing hours worked. Fatigue captures intertemporal costs of labour supply and leads to a utility loss. As fatigue increases, individuals optimally choose to work fewer hours. The model also predicts that if individuals cannot easily shift consumption over time, they will work fewer hours but accumulate more fatigue when work intensity increases. Calibration to 19 European countries provides evidence for the claim that a higher share of the service sector is linked to increasing work fatigue and that public provisions of healthcare improves recovery and mental health.JEL codesE71, I12, J22
Gender, Weather Shocks and Welfare: Evidence from Malawi
2017
This paper explores the gender-differentiated effects of weather shocks on households’ welfare in Malawi using panel data aligned with climatic records. Results show that temperature shocks severely affect household welfare, reducing consumption, food consumption and daily caloric intake. The negative welfare effects are more severe for households where land is solely managed by women, a finding that sheds light on the gender-unequal impact of temperature shocks. Our evidence also suggests that women’s vulnerability to temperature shocks is linked to women’s land tenure security, as temperature shocks impact significantly women’s welfare only in patrilineal districts, where statistics show …
On Behavioral Heterogeneity
2006
An index of “behavioral heterogeneity” for every finite population of households is defined. It is shown that the higher the index of behavioral heterogeneity the less sensitive depends the aggregate consumption expenditure ratio upon prices. As a consequence, a high index implies a tendency for the Jacobian of aggregate demand to have a dominant negative diagonal.
A New Aid Modality for Africa: Old Age Cash Transfers
2010
This paper examines the issue of foreign aid and cash transfers to individuals in low-income economies typically found in Africa. Old-age conditional cash transfers and new mobile banking technology can cope with the well-documented problems related to moral hazard and high transaction costs with such policy interactions. Cash transfers can stimulate old and retired individuals’ demand for the consumption goods and services, and thereby affect product prices and wages. Developing economies being characterised by underemployment and gross substitution between consumption and leisure, these transfers can stimulate the labour supply and increase capacity utilisation and the production of labou…
Family Activity Patterns as related to the symmetry in the division of labour in the family, children’s socialization to work and the significance of…
1986
The paper is based on empirical material collected in connection with the research project ‘Way of life in the family parental awareness of parenthood, and children’s social development’. The sample consisted of 212 families with both parents and a six-year-old child. It was relatively homogeneous with regard to the educational background of the parents. Comparisons were made between groups of families which differed with regard to (1) symmetry in the division of labour, (2) socialization of children to work, and (3) the relative significance of work vs. family life to the parents. Symmetry in the division of labour was strongly reflected in the family time consumption patterns and their co…
HUMAN RESOURCES MANAGEMENT IN MARITIME CONTAINER TERMINALS: OPTIMISATION METHODS AND POLICY IMPLICATIONS
2014
In the competitive environment of container transport, Container Terminals (CT) have to plan carefully the management of their resources and services in order to satisfy shipping companies’ requirements. Failure to do so may lead vessel operators to re-schedule their routes calling at new promising terminals. In particular, the optimal management of human resources is a major issue in port systems having low automation and high labour costs. This thesis aims at providing a large overview of current practices and issues concerning the management of dockworkers in the CT area, in order to suggest the analytical methods and policies for its improvement. The focus is on the operational plan (24…
Addressing informality, gender and ethnicity in domestic labour
2014
The legal framework concerning household employment has undergone a number of changes worldwide. The 100th International Labour Conference in June 2011 was highly significant as it adopted the first international labour standards specifically for domestic workers: Convention No. 189 and the supplementing Recommendation No. 201. This article analyses recent Spanish reforms (2011–2013) in order to assess the effects of these changes, taking into account the characteristics of domestic work: feminized, informal, ethnicized and vulnerable. Although aimed at improving employment and working conditions, the new Spanish legislation has resulted in a number of setbacks as well as some progress. The…
Una tipología de desajustes entre competencias y educación utilizando un análisis comparativo entre países
2015
This paper aims to discuss the value of the diplomas and the situation of downgrading on the labour market. Its novelty is to compare skills both acquired and required in employment, using a self - assessment carried out by young higher education graduates a cross nine countries of Europe, Japan and Canada. More precisely, we illustrate the incidences of diploma and skill mismatches using three higher education graduate surveys, two international surveys (CHEERS, REFLEX) and a Canadian survey (NGS). We define possible over - education and skill mismatches and then present an empirical typology to show the most frequent cases of mismatches. The ideal situation which corresponds to a perfect …