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"The double dividend of Training" : labor market effects of work-related continuous education in Switzerland
Denzler, Stefan; Ruhose, Jens; Wolter, Stefan C. - 2022
This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor market outcomes, we apply a regression-adjusted...
Persistent link: https://www.econbiz.de/10013413337
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Optimal wage redistribution in the presence of adverse selection in the labor market
Bastani, Spencer; Blumḳin, Tomer; Micheletto, Luca - 2014
In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10010391779
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Low skill but high volatility?
Buch, Claudia M.; Pierdzioch, Christian - 2009
-skilled labor increases. This suppresses wages of low-skilled workers and/or increases their unemployment rates. On the other hand … for the years 1970 - 2004, we document how the volatility of hours worked and of wages of workers at different skill …
Persistent link: https://www.econbiz.de/10003850520
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Simultaneous search and network efficiency
Gautier, Pieter; Holzner, Christian - 2011
When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects network clearing). We show that those frictions and the...
Persistent link: https://www.econbiz.de/10009239488
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The market for CEOs
Cziraki, Peter; Jenter, Dirk - 2021
We study the market for CEOs of large publicly-traded US firms, analyze new CEOs' prior connections to the hiring firm, and explore how hiring choices are determined. Firms are hiring from a surprisingly small pool of candidates. More than 80% of new CEOs are insiders, defined as current or...
Persistent link: https://www.econbiz.de/10012546976
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Wage and employment cyclicalities at the establishment level
Merkl, Christian; Stüber, Heiko - 2021
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/10012619265
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Internal labor markets : a worker flow approach
Huitfeld, Ingrid; Kostøl, Andreas Ravndal; Nimczik, … - 2021 - First version: June 15, 2020. This version: July 30, 2021
This paper develops a new method to study how workers' career and wage profiles are shaped by internal labor markets (ILM) and job hierarchies in firms. Our paper tackles the conceptual challenge of organizing jobs within firms into hierarchy levels by proposing a data-driven ranking method...
Persistent link: https://www.econbiz.de/10012600190
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The labor market impact of undocumented immigrants : job creation vs. job competition
Albert, Christoph - 2017
immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining …, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter … effect if it targets employed workers because this leads to a risk premium in their wages. Finally, I present empirical …
Persistent link: https://www.econbiz.de/10011688026
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Immigration and the slope of the labor demand curve : the role of firm heterogeneity in a model of regional labor markets
Ariu, Andrea; Müller, Tobias; Nguyen, Tuan - 2023
natives' wages, and that skilled immigration can actually increase them. We develop a model with regional labor markets and … but skill-biased on aggregate, skilled immigration can increase absolute and relative skilled wages. Therefore, firm … natives' wages. …
Persistent link: https://www.econbiz.de/10014249909
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Endogenous skill formation and the source country effects of international labor market integration
Egger, Hartmut (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003498678