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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

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

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

Does High Inflation Cause Central Bankers to Lose Their Job? Evidence Based on a New Data Set

Dreher, Axel; Sturm, Jan-Egbert; de Haan, Jakob - 2021

This paper introduces new data on the term in office of central bank governors in 137 countries for 1970-2004. Our panel models show that the probability that a central bank governor is replaced in a particular year is positively related to the share of the term in office elapsed, political and...

Persistent link: https://www.econbiz.de/10013316991

Estimating Labor Market Slack, U.S. 1994-2019

Komlos, John - 2019

U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...

Persistent link: https://www.econbiz.de/10012859048

Pennies from Haven : Wages and Profit Shifting

Alstadsæter, Annette; Bjørkheim, Julie Brun; Davies, … - 2022

inequality. Using rich matched employer-employee data from Norway, we find that profit-shifting firms pay higher wages …. CEOs particularly gain, with their wages rising nearly 10%. These results thus suggest that profit shifting by …-of-the-envelope calculations suggest these higher wages would generate additional income tax revenues which would offset around 3% of the fall in …

Persistent link: https://www.econbiz.de/10013299336

Wages and recruitment: Evidence from external wage changes

Falch, Torberg - 2013

This paper estimates the causal effect of the wage on the recruitment rate at the establishment level. During the 1990s, the wage setting for certified teachers in Norway was completely centralized, with a wage premium of about 10 percent at schools with severe recruitment problems in the past...

Persistent link: https://www.econbiz.de/10010291521

The Relationship between Prices and Output in the UK and the US

Caporale, Guglielmo Maria; Claudio-Quiroga, Gloria; … - 2021

This paper analyses the relationship between CPI and real GDP in both the US and the UK using fractional integration and long-range dependence techniques. All series appear to be highly trended and to exhibit high degrees of integration and persistence, especially in the case of CPI. Since the...

Persistent link: https://www.econbiz.de/10013235154

COVID-Induced School Closures in the US and Germany : Long-Term Distributional Effects

Fuchs-Schündeln, Nicola - 2022

Almost all countries worldwide closed schools at the outbreak of the Covid-19 crisis. I document that schooling time dropped on average by -55% in the US and -45% in Germany from the onset of the crisis to the summer of 2021. In the US, schools were closed longer in richer than in poorer areas,...

Persistent link: https://www.econbiz.de/10013291960

Exititis in the UK : Gravity Estimates in the Aftermath of Brexit

Brakman, Steven; Garretsen, Harry; Kohl, Tristan - 2021

The withdrawal of the United Kingdom from the European Union has had disruptive effects on international trade. As part of its ‘Global Britain’ strategy, in the wake of Brexit, the UK is pursuing a series of Free Trade Agreements with countries around the world, including Canada, Japan,...

Persistent link: https://www.econbiz.de/10013212259

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