Showing 1 - 10 of 393
between preferences and wages is key. To overcome this restriction, we propose a flexible estimation strategy that nests … elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically … very sensitive to the treatment of wages. In particular, the often-made but highly restrictive independence assumption …
Persistent link: https://www.econbiz.de/10010884371
Frisch elasticity. We estimate Frisch elasticity at around 0.38, which indicates fairly adjustable wages and little reaction …We estimate Frisch elasticity in a labor market with high job turnover. In a context where only around 18% of the … employed labor force has formal and stable jobs, we perform a fixed effects estimation as proposed by MaCurdy (1981) with a …
Persistent link: https://www.econbiz.de/10011212752
This paper provides estimates for the Mercosur countries of the Frisch elasticity – i.e., the elasticity of … substitution between worked hours and real wages holding constant the marginal utility of wealth. We find a strong heterogeneity …
Persistent link: https://www.econbiz.de/10009323386
Using linked employer-employee data, this paper estimates the effect of collective bargaining coverage on wages over an … robustness checks. Joining a sectoral agreement is found always to produce higher wages, while exiting a sectoral agreement no …
Persistent link: https://www.econbiz.de/10010786981
18 studies using data from 20 highly developed, developing, and less developed countries document that average wages in … trade. This paper uses a large and rich set of linked employer-employee data from Germany to demonstrate that these premia …
Persistent link: https://www.econbiz.de/10005763791
insecurity and wages significantly negative level effects are found for Germany with some evidence for those in the UK. There is …This paper looks at the wage effects of perceived and objective insecurity in Germany and the UK using the GSOEP and … rates and the share of temporary contracts is established. The bargaining hypothesis that job security and wages are …
Persistent link: https://www.econbiz.de/10005700918
stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …
Persistent link: https://www.econbiz.de/10005703602
This paper's objective is to design a laboratory experiment to explore the effect of ambiguity on a subject's search behavior in a finite-horizon sequential search model. In so doing, we employ a new approach to observe the potential trend of reservation points that is usually unobserved. We...
Persistent link: https://www.econbiz.de/10010739422
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …
Persistent link: https://www.econbiz.de/10010744656
found better re-employment jobs, in terms of wages and job satisfaction, than their renting counterparts. …
Persistent link: https://www.econbiz.de/10011265300