Showing 1 - 10 of 143
This paper provides evidence on a wide set of margins along which labor markets can adjust in response to increases in the minimum wage, including wages, hours, employment, and ultimately labor income, representing the central margins of adjustment that impact the economic well-being of workers...
Persistent link: https://www.econbiz.de/10005207536
The ''fractal'' nature of the rise in earnings dispersion is one of its key features and remains a puzzle. In this paper, we offer a new perspective on the causes of changes in earnings dispersion, focusing on the role of labour reallocation. Once we drop the assumption that all firms pay a...
Persistent link: https://www.econbiz.de/10010745540
Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....
Persistent link: https://www.econbiz.de/10011071133
This paper shows that increasing product market competition can have a direct impact on the employment relationship and on wage inequality. I develop a simple model in which an increase in product market competition increases returns to skill through the effect of competition on the sensitivity...
Persistent link: https://www.econbiz.de/10010884671
Collective bargaining in Germany takes place either at the industry level or at the firm level; collective bargaining coverage is much higher than union density; and not all employees in a covered firm are necessarily covered. This institutional setup suggests to distinguish explicitly union...
Persistent link: https://www.econbiz.de/10010928810
analyze wage distributions for various labor market subgroups by means of kernel density estimation, variance decompositions …
Persistent link: https://www.econbiz.de/10010746690
In Finland the gender wage gap increases significantly during the first 10 years after labor market entry accounting … most of the life-time increase in the gender wage gap. This paper focuses on the early career gender wage differences among … university graduates and considers several explanations for the gender wage gap based on the human capital theory, job mobility …
Persistent link: https://www.econbiz.de/10010746584
Despite large falls in output in the FSU, rather than firing workers, workers were subjected to long spells of unpaid leave or non-payment of wages (wage arrears). Wage arrears is a significant problem in the countries of the FSU, particularly in light of price liberalization on most goods and...
Persistent link: https://www.econbiz.de/10010745674
The transition from a command economy in the FSU resulted in increased activities in the informal sector. However despite prevalent delays in wage payments many workers were still observed to be working full-time in the formal sector. Here a model of workers' labour supply decisions incorporates...
Persistent link: https://www.econbiz.de/10011125949
In the Former Soviet Union, the early 1990s were characterized by large falls in GDP and small changes to already low unemployment. The slow adjustment to unemployment was a result of employers using various means to maintain employment levels, including; extended periods of unpaid leave,...
Persistent link: https://www.econbiz.de/10011126101