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Aggregate Real Wages: Macro Fluctuations and Micro Drivers

Daly, Mary C.; Hobijn, Bart; Wiles, Theodore S. - Tinbergen Instituut - 2011

for median weekly earnings growth into the part associated with the wage growth ofpersons employed at the beginning and … end of the period (the wage growth effect) and the part associated withchanges in the composition of earners (the … tight job switchers get high wage increases,making them account for half of the variation in median weekly earnings growth …

Persistent link: https://www.econbiz.de/10011257608

Labor Reallocation over the Business Cycle:New Evidence from Internal Migration

Saks, Raven E.; Wozniak, Abigail - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper establishes the cyclical properties of a novel measure of worker reallocation: longdistancemigration rates within the US. This internal migration offers a birds eye view ofworker reallocation in the economy as long-distance migrants often change jobs oremployment status, altering...

Persistent link: https://www.econbiz.de/10005863031

Gift Exchange in the Workplace

Dur, Robert - Tinbergen Instituut - 2008

: by offering a generous wage and by giving attention. Contrary to the traditional gift-exchange hypothesis, we show that … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

Persistent link: https://www.econbiz.de/10011257203

On the Extent of Re-Entitlement Effects inUnemployment Compensation

Ortega, Javier; Rioux, Laurence - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

A dynamic labor matching economy is presented, in which the unemployed are either entitledto unemployment insurance (UI) or unemployment assistance (UA), and the employees areeither eligible for UI or UA upon future separations. Eligibility for UI requires a minimumduration of contributions and...

Persistent link: https://www.econbiz.de/10005862880

Labor Adjustment Costs in a Panel ofEstablishments: A Structural Approach

Ejarque, João Miguel; Portugal, Pedro - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

This paper estimates a structural model of the employment decision of the firm. Ourestablishment level data displays an extreme degree of rigidity in that employment levels arelargely constant throughout our sample...

Persistent link: https://www.econbiz.de/10005861639

Employment Protection Legislation and Wages

Leonardi, Marco; Pica, Giovanni - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

In a perfect labor market severance payments can have no real effects as they can beundone by a properly designed labor contract (Lazear 1990). We give empirical content tothis proposition by estimating the effects of EPL on entry wages and on the tenure-wageprofile in a quasi-experimental...

Persistent link: https://www.econbiz.de/10005863224

Starting Wages Respond To Employer's Risk

Berkhout, Peter; Hartog, Joop; Ophem, Hans van - Tinbergen Instituut - 2009

Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an indicator of the unobserved heterogeneity that...

Persistent link: https://www.econbiz.de/10011256326

Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-a-vis Wage Employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Instituut - 2009

spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on … control over the profitable employment of their human capital than wage employees. …

Persistent link: https://www.econbiz.de/10011256522

Wages and the Bargaining Regime in a Corporist Setting: The Netherlands

Hartog, Joop; Leuven, Edwin; Teulings, Coen N. - Tinbergen Instituut - 2000

In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...

Persistent link: https://www.econbiz.de/10011256615

Dual Track or Academic Route for Auditors

Jonker, Nicole; Ophem, Hans van; Hartog, Joop - Tinbergen Instituut - 2002

relatively general. Applying human capital theory, we expect higher wage growth for full-time educated auditors than for dual …

Persistent link: https://www.econbiz.de/10011257420