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We study the effect of tenure on earnings instability in Italy using two alternative estimation strategies. First we … earnings dynamics distinguishing permanent from transitory earnings, and exploit variation of tenure and instability over time … temporary contracts (short-tenure contracts). Our results indicate that each year of tenure on the job reduces earnings …
Persistent link: https://www.econbiz.de/10010627569
In European Welfare States, low-skilled workers are typically unionized, while the wage formation of high-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect wage formation, employment and welfare in dual...
Persistent link: https://www.econbiz.de/10013316453
In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We show that the significant increase in the medium to low skill wage premiums since the late 1980s was almost exclusively concentrated among the group of workers aged 30 or below....
Persistent link: https://www.econbiz.de/10012949376
Despite the increased attachment of women to the labour force in nearly all developed countries, a stubborn gender pay gap remains. This chapter provides a review of the economics literature on the gender wage gap, with an emphasis on developed countries. We begin with an overview of the trends...
Persistent link: https://www.econbiz.de/10012951824
Existing evidence on peer effects in a work environment stems from either laboratory experiments or from real-word studies referring to a specific firm or specific occupation. Yet, it is unclear to what extent these findings apply to the labor market in general. In this paper, therefore, we...
Persistent link: https://www.econbiz.de/10013315716
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10013315748
We extend the literature on transition economies' wage structures by investigating the returns to tenure and experience …
Persistent link: https://www.econbiz.de/10013316418
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10010877910
Using PSID microdata over the 1980-2010, we provide new empirical evidence on the extent of and trends in the gender wage gap, which declined considerably over this period. By 2010, conventional human capital variables taken together explained little of the gender wage gap, while gender...
Persistent link: https://www.econbiz.de/10012997344
Using employer-employee panel data, we provide novel facts on how real wages and working hours within jobs responded to the UK's Great Recession. In contrast to previous studies, our data enables us to address the cyclical composition of jobs. We show that firms were able to respond to the Great...
Persistent link: https://www.econbiz.de/10012929264