Showing 1 - 10 of 238
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/10013212779
We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...
Persistent link: https://www.econbiz.de/10012841145
labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment …
Persistent link: https://www.econbiz.de/10012892292
We analyse the implications of habit formation relating to wages in a multi-period efficiency-wage model. If employees …. Greater intensity does not necessarily have the same consequences, because wage adjustments counteract the initial level … impact. The firm's response additionally depends on the wage-dependency of dismissal costs since such costs make an …
Persistent link: https://www.econbiz.de/10012828115
ascertain the contributions of worker, firm, match, and job-title heterogeneity to the union wage gap. Of these the most …
Persistent link: https://www.econbiz.de/10012892193
In European Welfare States, low-skilled workers are typically unionized, while the wage formation of high … affect wage formation, employment and welfare in dual domestic labour markets. Higher productivity of outsourcing, lower cost … of outsourcing and lower factor price of outsourcing increase wage dispersion between the high-skilled and low …
Persistent link: https://www.econbiz.de/10010264468
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor … markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage …
Persistent link: https://www.econbiz.de/10010276167
piece-rate wage, we investigate the causal effect of neutral and gender-discriminatory unfair chances on labor supply. We … randomize workers into treatments where we control relative pay and chances to receive a low or a high wage. Chances can be fair …, unfair based on an unspecified source, or unfair based on gender discrimination. Unequal pay reduces labor supply of low-wage …
Persistent link: https://www.econbiz.de/10012842672
, search for employers, and residual wage shocks to account for these life cycle wage dynamics. We highlight the importance of … largest part of life cycle wage dynamics. It accounts for 50% of average wage growth, 50% of rising differences between gender …
Persistent link: https://www.econbiz.de/10012897647
income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap …
Persistent link: https://www.econbiz.de/10014358858