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The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework,...
Persistent link: https://www.econbiz.de/10009283579
to substantial differences in labor-market equilibrium between bargained and posted wages. The fraction of workers hired … away from existing jobs is another key determinant of equilibrium, because a worker with an existing job has a better …
Persistent link: https://www.econbiz.de/10005233804
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005703158
sufficient market equilibrium exists and a model of compensating differentials with controls for disequilibrium yields useful …
Persistent link: https://www.econbiz.de/10005763711