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Does competition in the labor market affect wage inequality? Standard textbook monopsony models predict that lower employer labor market power reduces wage dispersion. We test this hypothesis using Social Security data from Lithuania. We first fit a two-way fixed effects model to quantify the...
Persistent link: https://www.econbiz.de/10014444069
,638 individuals over 6 years totalling 69,122 observations. The estimated wage elasticity after controlling for individual …
Persistent link: https://www.econbiz.de/10011539026
using repeated cross-sectional data confirms this trend for Norway – the gross wage elasticity for married women decreased …
Persistent link: https://www.econbiz.de/10014564121
, hours inequality is an important force, and that it has increased over the period under analysis. The elasticity of hours … with respect to wages has also played a key role, notably in the two continental economies. This elasticity used to be … potential factors behind the change in the elasticity, notably the role of trade and labour market institutions. …
Persistent link: https://www.econbiz.de/10013472299
Transferring public benefits to people in no need of them appears to be a waste of public money. Thus, there seems to be support for a move away from universal child benefits and towards means testing. This study presents a critique of this overly-simplistic view and proposes a very simple...
Persistent link: https://www.econbiz.de/10012240449
continuous rise in labour productivity. It is related to the Okun coefficient which describes the relationship between the …
Persistent link: https://www.econbiz.de/10009781535
We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10010412760
We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and heterogeneous wealth and ability (labor endowment). Both agents with lower wealth and with greater ability tend to supply more labor, implying that labor supply decisions may have an...
Persistent link: https://www.econbiz.de/10010227190
social preferences for the lowest-wage workers are relatively strong and the wage elasticity of labor demand relatively small. …
Persistent link: https://www.econbiz.de/10014414309
shift employment to low-tax states without a residence change. The elasticity of working in a state is 0.34, and consistent …
Persistent link: https://www.econbiz.de/10014250373