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Recessions and occupational match quality : the role of age, gender, and education

Addison, John T.; Chen, Liwen; Ozturk, Orgul Demet - 2020

Although the adverse labor market effects of economic recessions have been well documented, a notable omission in the literature is how recessions impact workers’ job match quality. This paper considers the short and longer-term losses in productivity associated with the job changing brought...

Persistent link: https://www.econbiz.de/10012238463

Higher-order income risk over the business cycle

Busch, Christopher; Ludwig, Alexander - 2020

We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household data from the United States. We find countercyclical...

Persistent link: https://www.econbiz.de/10012215285

A competitive model of worker replacement and wage rigidity

Snell, Andy; Thomas, Jonathan P.; Wang, Zhewei - 2014

can commit to wage contracts but cannot commit not to replace incumbent workers. Workers are risk averse, so that there …

Persistent link: https://www.econbiz.de/10010237280

Wage and employment cyclicalities at the establishment level

Merkl, Christian; Stüber, Heiko - 2021

We document substantial cross-sectional heterogeneity of German establishments' real wage cyclicality over the business … wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby …

Persistent link: https://www.econbiz.de/10012619265

Does self-employment pay? : the role of unemployment and earnings risk

Garcia-Cabo, Joaquin; Madera, Rocio - 2024

This paper documents the role of unemployment and earnings risk in reconciling evidence in payoff differentials between self-employment and paid-employment. Using Spanish administrative data, we characterize the distribution and dynamics of earnings and document lower and less dispersed earnings...

Persistent link: https://www.econbiz.de/10014543846

A test of the "Krugman hypothesis" for the United States, Britain, and western Germany

Puhani, Patrick A. - 2003

Persistent link: https://www.econbiz.de/10013428556

On the identification of relative wage rigidity dynamics : a proposal for a methodology on cross-section data and empirical evidence for Poland in transition

Puhani, Patrick A. - 2000

We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is … relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …

Persistent link: https://www.econbiz.de/10013428349