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The nature of household labor income risk

Pruitt, Seth; Turner, Nicholas - 2018

What is the nature of labor income risk facing households? We answer this question using detailed administrative data on household earnings from the U.S. Internal Revenue Service. By analyzing total household labor earnings as well as each member's earnings, we offer several new findings. One,...

Persistent link: https://www.econbiz.de/10011932201

Immigration, unemployment and wages : new causality evidence from the United Kingdom

Tunali, Çiğdem Börke; Fidrmuc, Jan; Campos, Nauro - 2017 - This version: April 4, 2017

unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

Persistent link: https://www.econbiz.de/10011646817

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/10013390926

The cyclical behavior of unemployment and wages under information frictions

Morales-Jimenez, Camilo - 2017

higher wages. This increases firms' incentives to post more vacancies, which makes unemployment volatile and sensitive to … aggregate shocks. The model is robust to two major criticisms of existing theories of sluggish wages and volatile unemployment … explains 70% of unemployment volatility …

Persistent link: https://www.econbiz.de/10011709249

Job stability, earnings dynamics, and life-cycle savings

Kuhn, Moritz; Ploj, Gašper - 2020

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/10012316968

Biased expectations and labor market outcomes : evidence from German survey data and implications for the East-West wage gap

Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023

We measure individual bias in labor market expectations in German survey data and find that workers on average significantly overestimate their individual probabilities to separate from their job when employed as well to find a job when unemployed. These biases vary significantly between...

Persistent link: https://www.econbiz.de/10014247564

How do migrants choose their destination country? : an analysis of institutional determinants

Geis, Wido; Übelmesser, Silke; Werding, Martin - 2008

institutional determinants, especially labor-market institutions, on migrants' choices. Based on a large data set constructed from … immigrant networks and negative effects of unemployment rates. In addition, we find that employment protection, union coverage … and unemployment benefits have positive effects on migration. Also good education and health systems tend to attract …

Persistent link: https://www.econbiz.de/10003805994

Earnings instability and tenure

Cappellari, Lorenzo; Leonardi, Marco - 2013

We study the effect of tenure on earnings instability in Italy using two alternative estimation strategies. First we use a descriptive measure of earnings instability and fixed effects regressions. Second, we develop a formal model of earnings dynamics distinguishing permanent from transitory...

Persistent link: https://www.econbiz.de/10009722002

The impact of immigration on wage dynamics : evidence from the Algerian independence war

Edo, Anthony - 2017

This paper investigates the dynamics of wage adjustment to an exogenous increase in labor supply by exploiting the sudden and unexpected inflow of repatriates to France created by the independence of Algeria in 1962. I track the impact of this particular supply shift on the average wage of...

Persistent link: https://www.econbiz.de/10011701511

Automation and employment over the technology life cycle : evidence from European regions

Jaccoud, Florencia; Petit, Fabien; Ciarli, Tommaso; … - 2024

This paper examines the labor market implications of investment in automation over the life cycle of ICT and robot technologies from 1995 to 2017 in 163 European regions. We first identify major technological breakthroughs during this period for these automation technologies and identify the...

Persistent link: https://www.econbiz.de/10014490819