A congestion theory of unemployment fluctuations
Yusuf Mercan, Benjamin Schoefer, and Petr Sedláček, newly published in American Economic Journal: Macroeconomics. I best liked this excerpt from p.2, noting…
Source: biztoc.com
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Warren Proposes Letting Workers Hire Corporate Board Members. The Germans Have Been Doing It For 70 Years
Sen. Elizabeth Warren said workers should be able to select 40% of the members on a corporate board. Big German companies have been required to do it for decades.
Source: wbur.org
A new study says knowledge is money: If workers knew how much they could make elsewhere, even more would quit their jobs — and low-wage roles would be forced to pay more
A new paper finds that low-wage workers in Germany underestimated how much money they could make elsewhere. If they had accurate information, 10 to
Source: businessinsider.com.au
Three economic fault lines will shape India's trajectory over the next decade
It is essential for policy makers to understand the crises created by widening income inequalities and labour market ruptures.
Source: scroll.in
Fault lines in economic landscape and the great labour shakeup
In context to the global macro-economic scenario, and positioning India in it, there are three fault lines. How each nation understands and responds to them using an intersectional lens will shape the course of the future economic trajectory.
Source: deccanherald.com