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attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10013308104
This paper develops a model that incorporates workers' fair wage preferences into a general equilibrium framework with monopolistic competition between heterogeneous firms à la Melitz (2003). By assuming that the wage considered to be fair by workers depends on the productivity and thus the...
Persistent link: https://www.econbiz.de/10013317452
This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor market outcomes, we apply a regression-adjusted...
Persistent link: https://www.econbiz.de/10014243161
Technological progress and trade potentially affect wages and employment. Technological progress can make jobs obsolete … important. Automation is beneficial at the firm level, and is more likely to displace low-skilled employment. Trade is more … likely to benefit high-skilled employment and affects industry negatively. Somewhat surprisingly, given the consensus in the …
Persistent link: https://www.econbiz.de/10012866562
Over the last decades, hours worked per capita have declined substantially in many OECD economies. Using a neoclassical growth model with endogenous work-leisure choice, we assess the role of trend growth slowdown in accounting for the decline in hours worked. In the model, a permanent reduction...
Persistent link: https://www.econbiz.de/10013222213
I build a quantitative model of economic growth that can be used to evaluate the impact of environmental policy interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by directed technical change. Energy supply is subject to...
Persistent link: https://www.econbiz.de/10013300865
that the payroll tax cut generates long-lasting growth in female employment, reduces the time spent on welfare, and spurs … business growth, without crowding out male employment. By contrast, the tax cut does not raise net wages, suggesting that tax … labor and tackle the gender employment gap, but they are not sufficient for reducing the gender pay gap …
Persistent link: https://www.econbiz.de/10013293026
We study the effect of childbirth on local and non-local employment dynamics for both men and women using Belgian … show that 75 percent of the effect of the birth of a first child on the overall gender gap in employment is accounted for … by gender disparities in non-local employment, with mothers being more likely to give up non-local employment compared to …
Persistent link: https://www.econbiz.de/10014082168
This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and …, hours worked and output without reducing employment. In frictional labor markets, however, reallocation takes time whenever …
Persistent link: https://www.econbiz.de/10014356608
growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule … in the World Values Survey, and democracy, all of which are good for growth as reflected in the purchasing power of per …
Persistent link: https://www.econbiz.de/10012892099