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cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical … wages. We estimate a negative connection between establishments’ wage cyclicality and their employment cyclicality, thereby …
Persistent link: https://www.econbiz.de/10013212779
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
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
Naturalization may be a relevant policy instrument affecting immigrant integration in host-country labor markets. We study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and exploit a reform of naturalization rules in an instrumental...
Persistent link: https://www.econbiz.de/10012908608
demonstrate the economic and welfare impact of recent pension reform in Austria …
Persistent link: https://www.econbiz.de/10013316657
. The value of this state is therefore a fundamental determinant of wages and, in turn, labor supply and job creation. We … measure the effect of changes in the value of nonemployment on wages in existing jobs and among job switchers. Our quasi …-experimental variation in nonemployment values arises from four large reforms of unemployment insurance (UI) benefit levels in Austria. We …
Persistent link: https://www.econbiz.de/10012892243
The process of matching between firms and workers is an important mechanism in determining the distribution of wages …
Persistent link: https://www.econbiz.de/10012838239
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
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
using the example of forcefully displaced Bosnians who arrived in Austria during the 1992-1995 Bosnian war. Deploying 22 … attained in Austria vis-Ã -vis Bosnia on labour market outcomes for refugees aged around schooling thresholds. These estimates … holders are visible after more than two decades of stay in Austria. The discount on Bosnian education declines over time for …
Persistent link: https://www.econbiz.de/10013216246