Showing 1 - 10 of 92
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
This paper establishes new evidence on the cyclical behaviour of household income risk in Great Britain and assesses the role of social insurance policy in mitigating against this risk. We address these issues using the British Household Panel Survey (1991-2008) by decomposing stochastic...
Persistent link: https://www.econbiz.de/10012872060
We evaluate the effects of outsourcing and wage solidarity on wage formation and equilibrium unemployment in a … heterogeneous labour market, where wages are determined by a monopoly labour union. We find that outsourcing promotes the wage … dispersion between the high-skilled and low-skilled workers. When the labour union adopts a solidaristic wage policy, it will …
Persistent link: https://www.econbiz.de/10010264123
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment … in dual labor markets. Outsourcing promotes wage dispersion between the high-skilled and low-skilled workers. Higher … domestic low-skilled wage tax, higher payroll tax and lower wage tax exemption increase optimal outsourcing. Outsourcing will …
Persistent link: https://www.econbiz.de/10010264385
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
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low … raising the wage tax and the tax exemption for the low-skilled workers will decrease the wage rate and increase labour demand … when the elasticity of substitution between consumption and leisure is higher (lower) than one. A higher degree of wage tax …
Persistent link: https://www.econbiz.de/10010265972
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low … raising the wage tax and the tax exemption for the low-skilled workers will decrease the wage rate and increase labor demand … when the elasticity of substitution between consumption and leisure is higher (lower) than one. A higher degree of wage tax …
Persistent link: https://www.econbiz.de/10010275003
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades. Combining personal income tax and social security data allows us — for the first time — to offer a complete picture of the distribution of annual earnings in Germany. We find...
Persistent link: https://www.econbiz.de/10013298363
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
In the Covid-19 crisis, most OECD countries have used short-time work (subsidized working time reductions) to preserve employment relationships. This paper studies whether short-time work can save jobs through stabilizing aggregate demand in recessions. First, we show that the consumption risk...
Persistent link: https://www.econbiz.de/10014079142