In Chapter 3, I develop a model of voluntary union membership, where unions provide excludable employment protection to members, by supporting them in case of dismissal conflicts and enforcing higher firing costs. When calibrated to match the features of labor markets in different European countries the model is able to account for differences in membership rates. Specifically I find that membership rates (i) are low in countries where public employment protection is stronger, and/or available to a wider fraction of workers; (ii) decrease when low unemployment duration reduces the welfare loss of a dismissal.Do different institutional arrangements significantly affect the market value of education? ... In the model agents i) attend college in order to accumulate human capital 1 and ii) make employment decisions as in a classical search on-the-jobanbsp;...
|Title||:||Essays on Labor Markets|
|Publisher||:||ProQuest - 2008|