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knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10005762377
investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages …
Persistent link: https://www.econbiz.de/10008548704
In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production function and perfect competition. Given the observed decline of the labor share in recent decades, this paper relaxes these assumptions, proposes a time-series calculation of the...
Persistent link: https://www.econbiz.de/10009323398
In this study we argue that wage inequality and occupational mobility are intimately related. We are motivated by our empirical findings that human capital is occupation-specific and that the fraction of workers switching occupations in the United States was as high as 16% a year in the early...
Persistent link: https://www.econbiz.de/10005761630
This paper aims at identifying the labour share (wage-productivity gap) as a major factor in the evolution of inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate country-specific systems of labour demand and Gini coefficient...
Persistent link: https://www.econbiz.de/10009147295
labour force participation, employment rate and hourly wages are negatively affected by bullying. In addition, men … wages. Moreover, Oaxaca-Blinder decompositions suggest that labour force participation gaps, employment gaps and hourly wage … the labour market and lower wages. …
Persistent link: https://www.econbiz.de/10010960118
to substantial differences in labor-market equilibrium between bargained and posted wages. The fraction of workers hired …
Persistent link: https://www.econbiz.de/10005233804
effects on worker flows. However, firm performance improves considerably while wages fall. Overall, the results suggest that …
Persistent link: https://www.econbiz.de/10005822593
This study is a descriptive analysis of the labor market conditions in Iraqi Federal Kurdistan Region. It explores a number of integrated factors that covariate and determine the level and patterns of the labor market outcomes in the region. In the first step, each of the determinants of...
Persistent link: https://www.econbiz.de/10005763641
The numbers of migrants from the accessions countries have clearly increased since the enlargement of the EU in 2004. Following enlargement, the net inflow of EU8 immigrants has become 2.5 times larger than the four-year period before enlargement. Poles constitute the largest immigrant group...
Persistent link: https://www.econbiz.de/10005103275