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Wage and Employment Cyclicalities at the Establishment Level
Merkl, Christian; Stueber, 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/10013212779
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Vacancy Durations and Entry Wages : Evidence from Linked Vacancy-Employer-Employee Data
Kettemann, Andreas - 2019
This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using … workers eventually filling the vacancies. We find that vacancy durations are negatively correlated with the starting wage and … that this negative association is particularly strong with the establishment component of the starting wage. We also …
Persistent link: https://www.econbiz.de/10012892235
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Earnings Dynamics in Germany
Pessoa, Ana Sofia - 2021
transitions between labor status or jobs, whereas for those at the top, earnings changes are mainly induced by wage rate growth …
Persistent link: https://www.econbiz.de/10013224084
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Employment and Reallocation Effects of Higher Minimum Wages
Drechsel-Grau, Moritz - 2023
worker and firm heterogeneity. I find that minimum wages up to 70% of the median wage significantly increase productivity … the minimum wage cuts deep into the wage distribution. I show that gradually implementing a high minimum wage is necessary …
Persistent link: https://www.econbiz.de/10014356608
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Cyclical Earnings, Career and Employment Transitions
Carrillo-Tudela, Carlos; Visschers, Ludo; Wiczer, David - 2022
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10014243686
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Heterogeneity in wage setting behavior in a New-Keynesian model
Eijffinger, Sylvester C. W.; Grajales-Olarte, Anderson; … - In: Macroeconomic dynamics 24 (2020) 6, pp. 1512-1546
Persistent link: https://www.econbiz.de/10012307288
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Macroeconomic Shocks and Racial Labour Market Differences in the U.S
De, Kuhelika - 2020
Using 136 United States macroeconomic indicators from 1973 to 2017, and a factor augmented vector autoregression (FAVAR) framework with sign restrictions, we investigate the effects of three structural macroeconomic shocks - monetary, demand, and supply - on the labour market outcomes of black...
Persistent link: https://www.econbiz.de/10012844419
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Job Stability, Earnings Dynamics, and Life-Cycle Savings
Kuhn, Moritz; Ploj, Gašper - 2021
Labor markets are characterized by large heterogeneity in job stability. Some workers hold lifetime jobs, whereas others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using Survey of Consumer Finances (SCF) data, we document a...
Persistent link: https://www.econbiz.de/10013314915
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Working from Home, Wages, and Regional Inequality in the Light of COVID-19
Irlacher, Michael - 2020
We use the most recent wave of the German Qualifications and Career Survey and reveal a substantial wage premium in a …
Persistent link: https://www.econbiz.de/10012836201
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Wages and the Value of Nonemployment
Jäger, Simon - 2019
Nonemployment is often posited as a worker’s outside option in wage setting models such as bargaining and wage posting … document that wages are insensitive to UI benefit levels: point estimates imply a wage response of less than $0.01 per $1.00 UI …-level bargaining. The insensitivity of wages to the nonemployment value we document presents a puzzle to widely used wage setting …
Persistent link: https://www.econbiz.de/10012892243