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, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers' bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10012770492
manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …
Persistent link: https://www.econbiz.de/10013045347
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...
Persistent link: https://www.econbiz.de/10012956895
. We solve for the labor market equilibrium, finding that wages increase with job security for at least all firms in the …
Persistent link: https://www.econbiz.de/10013060971
How are wages set in an open economy? What role is played by demand pressure, international competition, and structural … factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages … equation on data for aggregate manufacturing wages in Denmark, Finland, Norway, and Sweden from the mid 1960s to the mid 1990s …
Persistent link: https://www.econbiz.de/10012754391
manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …
Persistent link: https://www.econbiz.de/10010948900
. We solve for the labor market equilibrium, finding that wages increase with job security for at least all firms in the …
Persistent link: https://www.econbiz.de/10010723544
and non-random hiring. Since they accept lower wages, firms obtain a higher match surplus from hiring immigrants rather …. Whether job creation or competition is the dominating effect depends on the size of the induced fall in expected wages paid by … terms of both employment and wages for native workers. In contrast, documented immigration leads to a fall in natives …
Persistent link: https://www.econbiz.de/10012949378
How are wages set in an open economy? What role is played by demand pressure, international competition, and structural … factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages … equation on data for aggregate manufacturing wages in Denmark, Finland, Norway, and Sweden from the mid 1960s to the mid 1990s. …
Persistent link: https://www.econbiz.de/10005094255
, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10005181342