Showing 1 - 10 of 120
of wage cyclicality. We present evidence that elements of perceived "fairness" or "reference points" in reservation wages …Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search and matching model. This paper provides …
Persistent link: https://www.econbiz.de/10011099317
This paper investigates the effect of minimum wages on employment using a panel of US state-based data. We estimate a … significant effects of minimum wages on youth employment. Unlike many other studies we find also significant effects on aggregate …
Persistent link: https://www.econbiz.de/10005016727
Tax credits have been a popular way to alleviate in-work poverty. The assumption is typically that the incidence is on the claimant workers. However, economic theory suggests no particular reason to believe that this should be the case. This paper investigates the incidence of the Working...
Persistent link: https://www.econbiz.de/10005017069
labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …
Persistent link: https://www.econbiz.de/10005151023
finds that decoupling has been overstated and cannot be used to justify redressing the balance between wages and profits … education distribution will boost productivity and real wages. …
Persistent link: https://www.econbiz.de/10010721423
expected to have only small allocational consequences and that measures of base wages are more useful in drawing conclusions …
Persistent link: https://www.econbiz.de/10010820102
than median wages. We distinguish between "net decoupling" - the difference in growth of GDP per hour deflated by the GDP … hour deflated by the GDP deflator and median wages deflated by a measure of consumer price inflation. We would expect that …) the wedge between compensation (which includes employer-provided benefits like pensions and health insurance) and wages …
Persistent link: https://www.econbiz.de/10010702081
This brief essay provides a selective discussion of how in recent years economists in the neoclassical tradition have addressed the questions whether and how immigration affects native workers' labour market outcomes. In particular, it discusses: the distinction between the displacement,...
Persistent link: https://www.econbiz.de/10010884901
Using data from the British Household Panel Survey (BHPS) we show performance pay (PP) increased earnings dispersion among men and women, and to a lesser extent among full-time working women, in the decade of economic growth which ended with the recession of 2008. PP was also associated with...
Persistent link: https://www.econbiz.de/10011261828
Common wisdom states that teenage childbearing reduces schooling, labour market experience and adult wages. However …
Persistent link: https://www.econbiz.de/10005016647