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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

Mismatch Unemployment in Austria : The Role of Regional Labour Markets for Skills

Böheim, René; Christl, Michael - 2021

During the last decade, the Austrian labour market experienced a substantial outward shift of the Beveridge curve. Using detailed administrative data on vacancies and registered unemployed by region and skill level, we test which factors caused this shift. We find that the Beveridge curve...

Persistent link: https://www.econbiz.de/10013227604

Teacher Labor Market Equilibrium and Student Achievement

Bates, Michael; Dinerstein, Michael; Johnston, Andrew C.; … - 2022

We study whether reallocating existing teachers across schools within a district can increase student achievement, and what policies would help achieve these gains. Using a model of multidimensional value-added, we find meaningful achievement gains from reallocating teachers within a district....

Persistent link: https://www.econbiz.de/10013306849

Pension reform, retirement and life-cycle unemployment

Jaag, Christian; Keuschnigg, Christian; Keuschnigg, Mirela - 2007

The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions: strengthening the tax benefit link, moving from wage to price...

Persistent link: https://www.econbiz.de/10010264263

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 cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical wages. We estimate a negative connection between...

Persistent link: https://www.econbiz.de/10013212779

Pension Reform, Retirement and Life-Cycle Unemployment

Jaag, Christian; Keuschnigg, Christian; Keuschnigg, Mirela - 2021

Persistent link: https://www.econbiz.de/10013316657

Immigration and Worker-Firm Matching

Orefice, Gianluca - 2020

The process of matching between firms and workers is an important mechanism in determining the distribution of wages … association of firm-worker matches known as positive assortative matching (PAM). Immigration in a local labor market, by … that the increased degree of positive assortative matching is mainly reached by high-productive firms "losing" lower …

Persistent link: https://www.econbiz.de/10012838239

Wages, Skills, and Skill-Biased Technical Change : The Canonical Model Revisited

Bowlus, Audra; Robinson, M. Chris; Lochner, Lance; … - 2021

The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...

Persistent link: https://www.econbiz.de/10013217553

Optimal Linear Income Taxation and Education Subsidies Under Skill-Biased Technical Change

Jacobs, Bas; Thuemmel, Uwe - 2021

This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC). SBTC affects optimal taxes and subsidies by changing i) direct distributional benefits, ii) indirect redistributional effects due to wage-(de)compression, and iii) education...

Persistent link: https://www.econbiz.de/10013251267

Skill Mismatch and the Costs of Job Displacement

Neffke, Frank; Nedelkoska, Ljubica; Wiederhold, Simon - 2022

When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...

Persistent link: https://www.econbiz.de/10013290765