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of reporting error and cover the entire population of workers, we find a substantial degree of downward nominal wage … flexibility in Ireland in the pre-crisis period. Furthermore, we observe a significant change in wage dynamics since the crisis … began. It was only after the peak crisis period that pay freezes became a feature of the Irish wage change distribution. …
Persistent link: https://www.econbiz.de/10011417244
high for immigrants than for natives. By using longitudinal social security data, I find that wage cyclicality is higher …
Persistent link: https://www.econbiz.de/10013252566
-term or indefinite-term contracts. Indefinite-term contracts are associated with higher wage protection than fixed … that the monthly wage of native workers covered by fixed-term contracts decreases in response to immigration, while …
Persistent link: https://www.econbiz.de/10011479736
Can the standard search-and-matching labor market model replicate the business cycle fluctuations of the job finding rate and the unemployment rate? In the odel, these fluctuations are driven by movements in productivity. This paper inestigates the sources of productivity fluctuations that are...
Persistent link: https://www.econbiz.de/10011756844
‐finding rates. The proposed wage rule is consistent with empirical responses of wages to both anticipated and unanticipated …
Persistent link: https://www.econbiz.de/10014362540
-trivial dispersion of firm sizes; when firms' production technologies exhibit decreasing returns to labor, it also generates wage …
Persistent link: https://www.econbiz.de/10011674212
Wage developments and related policies that determine labor markets functioning and wage formation processes, are key … factors with central importance in EMU. Flexibility in labor markets functioning and wage-setting aiming to nominal and real … wage flexibility, has been the most important policy instrument remaining at national level for responsive national …
Persistent link: https://www.econbiz.de/10010255273
This paper examines the impacts of the introduction of the UK National Minimum Wage (NMW) in 1999 and the introduction … of the UK National Living Wage (NLW) in 2016 in Northern Ireland (NI) on employment and hours. NI is the only part of the … other side of the border (i.e., Republic of Ireland). This discontinuity in minimum wage coverage enables a research design …
Persistent link: https://www.econbiz.de/10012195771
Während Europa sich von einer Beinahe-Krise zur nächsten hangelt, hält sich die deutsche Konjunktur relativ gut. Angewiesen ist sie dabei auf den starken Inlandskonsum als wesentliche Stütze. Und der basiert wiederum auf der guten Beschäftigungsentwicklung. Wenn es aber wieder einmal zu...
Persistent link: https://www.econbiz.de/10011773205
Die derzeitige Konjunkturkrise ist am aktuellen Rand eine Konsumkrise und in ihrer Dimension deutlich stärker als während der globalen Finanzmarktverwerfungen von 2008/2009. Der private Konsum hat sich in den 15 Jahren bis zum Ausbruch der Corona-Pandemie in Deutschland ähnlich gut entwickelt...
Persistent link: https://www.econbiz.de/10012589800