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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
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced …
Persistent link: https://www.econbiz.de/10013217553
This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and … lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of … search models. Specifically, the correlation between pre- and post-displacement wages is informative of frictional wage …
Persistent link: https://www.econbiz.de/10013314890
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
Persistent link: https://www.econbiz.de/10001817710
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