IDEAS home Printed from https://ideas.repec.org/p/tiu/tiutis/b6157c76-fc4e-4154-92ed-1a8027d7128b.html
   My bibliography  Save this paper

Macro Welfare Effects of Flexible Labor Contracts

Author

Listed:
  • Carreño Bustos, José

    (Tilburg University, School of Economics and Management)

  • Uras, Burak

    (Tilburg University, School of Economics and Management)

Abstract

No abstract is available for this item.

Suggested Citation

  • Carreño Bustos, José & Uras, Burak, 2021. "Macro Welfare Effects of Flexible Labor Contracts," Other publications TiSEM b6157c76-fc4e-4154-92ed-1, Tilburg University, School of Economics and Management.
  • Handle: RePEc:tiu:tiutis:b6157c76-fc4e-4154-92ed-1a8027d7128b
    as

    Download full text from publisher

    File URL: https://pure.uvt.nl/ws/portalfiles/portal/60201638/2021_030.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Carlos Carvalho & Fernanda Nechio, 2016. "Factor Specificity and Real Rigidities," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 208-222, October.
    2. Andres Drenik & Simon Jager & Pascuel Plotkin & Benjamin Schoefer, 2023. "Paying Outsourced Labor: Direct Evidence from Linked Temp Agency-Worker-Client Data," The Review of Economics and Statistics, MIT Press, vol. 105(1), pages 206-216, January.
    3. Emmanuel Farhi & Gita Gopinath & Oleg Itskhoki, 2014. "Fiscal Devaluations," Review of Economic Studies, Oxford University Press, vol. 81(2), pages 725-760.
    4. David H. Autor & Susan N. Houseman, 2010. "Do Temporary-Help Jobs Improve Labor Market Outcomes for Low-Skilled Workers? Evidence from "Work First"," American Economic Journal: Applied Economics, American Economic Association, vol. 2(3), pages 96-128, July.
    5. Gebel, Michael, 2013. "Is a Temporary Job Better Than Unemployment? A Cross-country Comparison Based on British, German, and Swiss Panel Data," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 133(2), pages 143-155.
    6. Carlos Carvalho & Jae Won Lee & Woong Yong Park, 2021. "Sectoral Price Facts in a Sticky-Price Model," American Economic Journal: Macroeconomics, American Economic Association, vol. 13(1), pages 216-256, January.
    7. Alexandre Mas & Amanda Pallais, 2017. "Valuing Alternative Work Arrangements," American Economic Review, American Economic Association, vol. 107(12), pages 3722-3759, December.
    8. Deborah Goldschmidt & Johannes F. Schmieder, 2017. "The Rise of Domestic Outsourcing and the Evolution of the German Wage Structure," The Quarterly Journal of Economics, Oxford University Press, vol. 132(3), pages 1165-1217.
    9. Arindrajit Dube & Ethan Kaplan, 2010. "Does Outsourcing Reduce Wages in the Low-Wage Service Occupations? Evidence from Janitors and Guards," ILR Review, Cornell University, ILR School, vol. 63(2), pages 287-306, January.
    10. Lawrence J. Christiano & Martin Eichenbaum & Charles L. Evans, 2005. "Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 1-45, February.
    11. Adams-Prassl, Abigail & Balgova, Maria & Qian, Matthias, 2020. "Flexible Work Arrangements in Low Wage Jobs: Evidence from Job Vacancy Data," IZA Discussion Papers 13691, Institute of Labor Economics (IZA).
    12. Burdin, Gabriel & Pérotin, Virginie, 2019. "Employee representation and flexible working time," Labour Economics, Elsevier, vol. 61(C).
    13. Daniel Borowczyk-Martins & Etienne Lalé, 2019. "Employment Adjustment and Part-Time Work: Lessons from the United States and the United Kingdom," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(1), pages 389-435, January.
    14. Schaefer, Daniel & Singleton, Carl, 2019. "Cyclical labor costs within jobs," European Economic Review, Elsevier, vol. 120(C).
    15. Alessandro Barattieri & Susanto Basu & Peter Gottschalk, 2014. "Some Evidence on the Importance of Sticky Wages," American Economic Journal: Macroeconomics, American Economic Association, vol. 6(1), pages 70-101, January.
    16. Jordi Galí & Tommaso Monacelli, 2016. "Understanding the Gains from Wage Flexibility: The Exchange Rate Connection," American Economic Review, American Economic Association, vol. 106(12), pages 3829-3868, December.
    17. Grajales-Olarte, Anderson & Uras, Burak R. & Vellekoop, Nathanael, 2019. "Rigid wages and contracts: Time- versus state-dependent wages in the Netherlands," SAFE Working Paper Series 258, Leibniz Institute for Financial Research SAFE.
    18. Fontaine, Idriss, 2019. "Dynamics of part-time employment to an aggregate shock: A sign-restriction approach," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
    19. Adams-Prassl, Abigail & Balgova, Maria & Qian, Matthias, 2020. "Flexible Work Arrangements in Low Wage Jobs: Evidence from Job Vacancy Data," CEPR Discussion Papers 15263, C.E.P.R. Discussion Papers.
    20. Kyyrä, Tomi & Arranz, José M. & García-Serrano, Carlos, 2019. "Does subsidized part-time employment help unemployed workers to find full-time employment?," Labour Economics, Elsevier, vol. 56(C), pages 68-83.
    21. Faia, Ester & Pezone, Vincenzo, 2018. "The Cost of Wage Rigidity," CEPR Discussion Papers 13407, C.E.P.R. Discussion Papers.
    22. Eijffinger, Sylvester C. W. & Grajales-Olarte, Anderson & Uras, Burak R., 2020. "Heterogeneity In Wage Setting Behavior In A New-Keynesian Model," Macroeconomic Dynamics, Cambridge University Press, vol. 24(6), pages 1512-1546, September.
    23. Aoki, Kosuke, 2001. "Optimal monetary policy responses to relative-price changes," Journal of Monetary Economics, Elsevier, vol. 48(1), pages 55-80, August.
    24. Maria Björklund & Mikael Carlsson & Oskar Nordström Skans, 2019. "Fixed-Wage Contracts and Monetary Non-neutrality," American Economic Journal: Macroeconomics, American Economic Association, vol. 11(2), pages 171-192, April.
    25. Steven J. Davis & John Haltiwanger, 1992. "Gross Job Creation, Gross Job Destruction, and Employment Reallocation," The Quarterly Journal of Economics, Oxford University Press, vol. 107(3), pages 819-863.
    26. Jordi Galí & Tommaso Monacelli, 2005. "Monetary Policy and Exchange Rate Volatility in a Small Open Economy," Review of Economic Studies, Oxford University Press, vol. 72(3), pages 707-734.
    27. Tito Boeri & Giulia Giupponi & Alan B. Krueger & Stephen Machin, 2020. "Solo Self-Employment and Alternative Work Arrangements: A Cross-Country Perspective on the Changing Composition of Jobs," Journal of Economic Perspectives, American Economic Association, vol. 34(1), pages 170-195, Winter.
    28. Lawrence F. Katz & Alan B. Krueger, 2019. "The Rise and Nature of Alternative Work Arrangements in the United States, 1995–2015," ILR Review, Cornell University, ILR School, vol. 72(2), pages 382-416, March.
    29. Stephanie Schmitt-Grohé & Martín Uribe, 2016. "Downward Nominal Wage Rigidity, Currency Pegs, and Involuntary Unemployment," Journal of Political Economy, University of Chicago Press, vol. 124(5), pages 1466-1514.
    30. Lawrence F. Katz & Alan B. Krueger, 2017. "The Role of Unemployment in the Rise in Alternative Work Arrangements," American Economic Review, American Economic Association, vol. 107(5), pages 388-392, May.
    31. Idriss Fontaine, 2019. "Dynamics of part-time employment to an aggregate shock: A sign-restriction approach," Post-Print hal-03665973, HAL.
    32. Idriss Fontaine, 2019. "Dynamics of Part-Time Employment to an Aggregate Shock: a Sign-Restriction Approach," Working Papers hal-03665947, HAL.
    33. Michael Gebel, 2013. "Is a Temporary Job Better than Unemployment?: A Cross-Country Comparison Based on British, German, and Swiss Panel Data," SOEPpapers on Multidisciplinary Panel Data Research 543, DIW Berlin, The German Socio-Economic Panel (SOEP).
    34. Parent, Daniel, 2000. "Industry-Specific Capital and the Wage Profile: Evidence from the National Longitudinal Survey of Youth and the Panel Study of Income Dynamics," Journal of Labor Economics, University of Chicago Press, vol. 18(2), pages 306-323, April.
    35. Carlos Carvalho & Fernanda Nechio, 2016. "Factor Specificity and Real Rigidities," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 22, pages 208-222, October.
    36. Sigurdsson, Jósef & Sigurdardottir, Rannveig, 2016. "Time-dependent or state-dependent wage-setting? Evidence from periods of macroeconomic instability," Journal of Monetary Economics, Elsevier, vol. 78(C), pages 50-66.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carreño Bustos, José Gabo, 2023. "Flexible Contracts as Business Cycle Stabilizers," Discussion Paper 2023-007, Tilburg University, Center for Economic Research.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carreño Bustos, José Gabo, 2023. "Flexible Contracts as Business Cycle Stabilizers," Discussion Paper 2023-007, Tilburg University, Center for Economic Research.
    2. Effrosyni Adamopoulou & Ernesto Villanueva, 2020. "Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence From the Metalworking Industry," CRC TR 224 Discussion Paper Series crctr224_2020_176, University of Bonn and University of Mannheim, Germany.
    3. Dupor, Bill & Li, Jingchao & Li, Rong, 2019. "Sticky wages, private consumption, and Fiscal multipliers," Journal of Macroeconomics, Elsevier, vol. 62(C).
    4. Bas Scheer & Wiljan van den Berge & Maarten Goos & Alan Manning & Anna Salomons, 2022. "Alternative Work Arrangements and Worker Outcomes: Evidence from Payrolling," CPB Discussion Paper 435, CPB Netherlands Bureau for Economic Policy Analysis.
    5. Ganserer, Angelika, 2021. "Non-compliance with temporary agency work regulations: Initial evidence from Germany," ZEW Discussion Papers 21-057, ZEW - Leibniz Centre for European Economic Research.
    6. Özmen, M. Utku & Tuğan, Mustafa, 2022. "Heterogeneity in sectoral price and quantity responses to shocks to monetary policy," Journal of Macroeconomics, Elsevier, vol. 73(C).
    7. Anne Kathrin Funk & Daniel Kaufmann, 2022. "Do Sticky Wages Matter? New Evidence from Matched Firm Survey and Register Data," Economica, London School of Economics and Political Science, vol. 89(355), pages 689-712, July.
    8. Adermon, Adrian & Hensvik, Lena, 2022. "Gig-jobs: Stepping stones or dead ends?," Labour Economics, Elsevier, vol. 76(C).
    9. Jordi Galí & Tommaso Monacelli, 2016. "Understanding the Gains from Wage Flexibility: The Exchange Rate Connection," American Economic Review, American Economic Association, vol. 106(12), pages 3829-3868, December.
    10. Adamopoulou, Effrosyni & Villanueva, Ernesto, 2022. "Wage determination and the bite of collective contracts in Italy and Spain," Labour Economics, Elsevier, vol. 76(C).
    11. Eijffinger, Sylvester C. W. & Grajales-Olarte, Anderson & Uras, Burak R., 2020. "Heterogeneity In Wage Setting Behavior In A New-Keynesian Model," Macroeconomic Dynamics, Cambridge University Press, vol. 24(6), pages 1512-1546, September.
    12. Barnett, William A. & Wang, Chan & Wang, Xue & Wu, Liyuan, 2019. "What inflation measure should a currency union target?," Journal of Macroeconomics, Elsevier, vol. 59(C), pages 123-139.
    13. Alexandre Mas & Amanda Pallais, 2020. "Alternative Work Arrangements," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 631-658, August.
    14. Reinelt, Timo & Meier, Matthias, 2020. "Monetary policy, markup dispersion, and aggregate TFP," Working Paper Series 2427, European Central Bank.
    15. Dietrich, Alexander M., 2023. "Consumption categories, household attention, and inflation expectations: Implications for optimal monetary policy," University of Tübingen Working Papers in Business and Economics 157, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
    16. Diego Daruich & Sabrina Di Addario & Raffaele Saggio, 2020. "The Effects of Partial Employment Protection Reforms: Evidence from Italy," Development Working Papers 463, Centro Studi Luca d'Agliano, University of Milano, revised 27 Apr 2020.
    17. Andres Blanco & Bernardo Diaz de Astarloa & Andres Drenik & Christian Moser & Danilo Trupkin, 2021. "The Evolution of the Earnings Distribution in a Volatile Economy: Evidence from Argentina," CEDLAS, Working Papers 0280, CEDLAS, Universidad Nacional de La Plata.
    18. Bill Dupor & Jingchao Li & Rong Li, 2017. "Sticky Wages, Monetary Policy and Fiscal Policy Multipliers," Working Papers 2017-7, Federal Reserve Bank of St. Louis.
    19. Carvalho, Carlos & Nechio, Fernanda, 2018. "Approximating multisector New Keynesian models," Economics Letters, Elsevier, vol. 163(C), pages 193-196.
    20. Frank Smets & Joris Tielens & Jan Van Hove, 2018. "Pipeline Pressures and Sectoral Inflation Dynamics," Working Paper Research 351, National Bank of Belgium.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tiu:tiutis:b6157c76-fc4e-4154-92ed-1a8027d7128b. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: https://www.tilburguniversity.edu/about/schools/economics-and-management/ .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Richard Broekman (email available below). General contact details of provider: https://www.tilburguniversity.edu/about/schools/economics-and-management/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.