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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
differ in their productivities. Wages are dispersed because of search frictions and workers' productivity differentials. The …
Persistent link: https://www.econbiz.de/10013098341
wages of male workers who have previously become unemployed as the result of an establishment closure. To identify the …-employment probability by 7.5 percentage points. In contrast, there is no evidence of a statistically significant effect on wages. …
Persistent link: https://www.econbiz.de/10010660137
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
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
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/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
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...
Persistent link: https://www.econbiz.de/10009351470
How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …
Persistent link: https://www.econbiz.de/10012912688