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-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …' skill level. -- labor demand ; heterogeneity ; age ; skill ; wage structure ; employment ; cohort effects ; unemployment …
Persistent link: https://www.econbiz.de/10003395526
composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10011410676
Immigrant supply shocks are typically expected to reduce the wage of comparable workers. Natives may respond to the lower wage by moving to markets that were not directly targeted by immigrants and where presumably the wage did not drop. This paper argues that the wage change observed in the...
Persistent link: https://www.econbiz.de/10012501434
This paper studies the long term consequences on workers' labour earnings of the credit crunch induced by the 2007-2008 financial crisis. We study the evolution of both employment and wages in a large sample of Italian workers followed for nine years after the start of the crisis. We rely on a...
Persistent link: https://www.econbiz.de/10012207357
In the 1960 cohort, American men and women graduated from college at the same rate, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. To understand the emerging gender education gap, we formulate and estimate a model of...
Persistent link: https://www.econbiz.de/10014429906
-state unemployment by 1.4 percentage points. …
Persistent link: https://www.econbiz.de/10011738878
the estimates of the impact of labour demand shocks on participation. For men, unemployment increased in response to …
Persistent link: https://www.econbiz.de/10012243219
unemployment rates. But scant, if any, evidence exists on gender gaps in economic outcomes such as income, expenditure, savings …
Persistent link: https://www.econbiz.de/10012306066
In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and … fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the … same time lead to a higher unemployment rate for skilled workers, as compared to an equilibrium where fairness …
Persistent link: https://www.econbiz.de/10003831919
Using an unusually rich matched employer-employee-job title data set for Portugal, this paper evaluates the sources of wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and after displacement. Potential wage losses of displaced...
Persistent link: https://www.econbiz.de/10011307887