Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10001697071
"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
Persistent link: https://www.econbiz.de/10001920916
Firms very rarely cut nominal wages, even in the face of considerable negative economic shocks. This paper uses a unique survey of fourteen European countries to ask firms directly about the incidence of wage cuts and to assess the relevance of a range of potential reasons for why the firms...
Persistent link: https://www.econbiz.de/10010829478
It has been well established that the wages of individual workers react little, especially downwards, to shocks that hit their employer. This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. The...
Persistent link: https://www.econbiz.de/10008507927
This paper uses the National Longitudinal Surveys (NLS), the Panel Study of Income Dynamics (PSID), and the General … Social Survey (GSS) to measure the elasticity of family income on men’s adult earnings in 1980 and the early 1990s. The study … finds a large and statistically significant increase in the importance of family income over time when comparing cohorts in …
Persistent link: https://www.econbiz.de/10005419875
This study presents evidence that the correlation in brothers’ earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
Persistent link: https://www.econbiz.de/10005520031