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structure in Europe in the 1980s. These different trends are the result of different investment decisions by firms for the jobs …
Persistent link: https://www.econbiz.de/10012467955
Standard models suggest that adverse labor demand shocks will lead to bigger employment losses if institutional factors … explains the contrast between the United States, where real wages fell over the 1980s and aggregate employment expanded … vigorously, and Europe, where real wages were (roughly) constant and employment was stagnant. We test this hypothesis by …
Persistent link: https://www.econbiz.de/10012473372
-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment …
Persistent link: https://www.econbiz.de/10013334381
International Adult Literacy Survey we find that employment of skilled to unskilled labour is unrelated to differences in skill … regulated labour and product markets in the US. Based on the Comparative German American Structural Database and the … premium but that changes in relative employment are related to changes in relative wages raising the possibility of some …
Persistent link: https://www.econbiz.de/10012471302
Over the last half century, U.S. wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these labor market trends, focusing on outcomes for males without a college education. Though wages and...
Persistent link: https://www.econbiz.de/10012479530
the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the … impact of technical change on relative wages and unemployment in a world in which one country has flexible and the other …
Persistent link: https://www.econbiz.de/10012473209
Recent assessments of occupational licensing have shown varying effects of the institution on labor market outcomes. This study revisits the relationship between occupational licensing and labor market outcomes by analyzing a new topical module to the Survey of Income and Program Participation...
Persistent link: https://www.econbiz.de/10012457705
risk. Using Panel Study of Income Dynamics data linked to industry data on injuries and unemployment, we find:1) Nearly all … loss; 2) Similarly, nearly all the compensation for losses due to cyclical unemployment is compensation for increases in … duration, especially for increases in duration beyond the 26 weeks of unemployment that are usually compensated by unemployment …
Persistent link: https://www.econbiz.de/10012477188
Federal and state employment programs for low-skilled workers typically emphasize rapid placement of participants into … jobs and often place a large fraction of participants into temporary-help agency jobs. Using unique administrative data … higher quantiles. In net, we find that the widespread practice of placing disadvantaged workers into temporary-help jobs is …
Persistent link: https://www.econbiz.de/10012460687
unemployment rates for both groups. The paper provides some evidence that there has been a change in the composition of jobs in the …This paper offers a model where firms decide what types of jobs to create and then search for suitable workers. When … create a qualitative change in the composition of jobs, increasing the demand for skills, wage inequality, and the …
Persistent link: https://www.econbiz.de/10012472153