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Skill-Biased Technological Change and the Business Cycle
Balleer, Almut; van Rens, Thijs - C.E.P.R. Discussion Papers - 2011
Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run restrictions....
Persistent link: https://www.econbiz.de/10009643505
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Wage Rigidity and Job Creation
Haefke, Christian; Sonntag, Marcus; van Rens, Thijs - C.E.P.R. Discussion Papers - 2012
Recent research in macroeconomics emphasizes the role of wage rigidity in accounting for the volatility of unemployment fluctuations. We use worker-level data from the CPS to measure the sensitivity of wages of newly hired workers to changes in aggregate labor market conditions. The wage of new...
Persistent link: https://www.econbiz.de/10011084442
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Import competition from and outsourcing to China: a curse or blessing for firms?
Mion, Giordano; Zhu, Linke - C.E.P.R. Discussion Papers - 2011
country of origin and distinguish between firm-level outsourcing of final versus intermediate goods. Results indicate that … China is different from both other low-wage and OECD countries. Industry-level import competition and firm-level outsourcing … Belgian firm survival, while firm-level outsourcing of finished goods to China even increased firm's probability of survival …
Persistent link: https://www.econbiz.de/10008854491
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Off-Shoring of Business Services and Deindustrialization: Threat or Opportunity - and for Whom?
Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2006
This paper takes a new look at the issue of overseas sourcing of services. In framework in which comparative advantage is endogenous to agglomeration economies and factor mobility, the fragmentation of production made possible by the new communication technologies and low transportation costs...
Persistent link: https://www.econbiz.de/10005136522
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The Distribution of Earnings in Spain During the 1980s: The Effects of Skill, Unemployment and Union Power
Arellano, Manuel; Bentolila, Samuel; Bover, Olympia - C.E.P.R. Discussion Papers - 2001
In this Paper we analyse changes in the conditional distributions of male earnings in Spain during the 1980s. We use a large new database of records on individual workers and firms from the Spanish Social Security system for the period 1980-87. The data set is an unbalanced panel subject to...
Persistent link: https://www.econbiz.de/10005123514
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Bargained Wages, Wage Drift and the Design of the Wage-Setting System
Cardoso, Ana Rute; Portugal, Pedro - C.E.P.R. Discussion Papers - 2004
This Paper aims at answering the question: how does a typically 'European' bargaining system – with collective bargaining, extension mechanisms and national minimum wage – coexist with low unemployment rate and high wage flexibility? A unique dataset on workers, firms and collective...
Persistent link: https://www.econbiz.de/10005123689
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Seniority, Earnings and Unions
Booth, Alison L; Frank, Jeff - C.E.P.R. Discussion Papers - 1994
This paper uses a new data source to investigate whether wages rise more with seniority in unionized or non-unionized workplaces. The data distinguish workers who are covered by incremental wage scales with automatic progression by seniority. For union workers with seniority scales, the union...
Persistent link: https://www.econbiz.de/10005656195
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Coverage by Incremental Scales
Booth, Alison L; Frank, Jeff - C.E.P.R. Discussion Papers - 1994
This paper uses the British Household Panel Survey to investigate when seniority is rewarded by automatic incremental scales. Scales are seen as an alternative to individual merit pay. They are likely to be used when individual productivity is hard to measure, when firms provide all workers with...
Persistent link: https://www.econbiz.de/10005656227
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The Response of Wages and Actual Hours Worked to the Reduction of Standard Hours in Germany
Hunt, Jennifer - C.E.P.R. Discussion Papers - 1996
A transformation of what had become a universal 40-hour standard working week in Germany began in 1985 with reductions negotiated in the metal-working and printing sectors. These reductions have continued through 1995, and were followed by reductions in other sectors. The union campaign aimed to...
Persistent link: https://www.econbiz.de/10005114354
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Centralized Bargaining, Multi-Tasking, and Work Incentives
Lindbeck, Assar; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997
The paper examines the implications of an important aspect of the ongoing reorganization of work – the move from occupational specialization towards multi-tasking – for centralized wage bargaining. The analysis shows how, on account of this reorganization, centralized bargaining becomes...
Persistent link: https://www.econbiz.de/10005662207