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In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10009162091
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10011450828
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age … and we show that higher minimum wage can raise aggregate employment. Expansion in the non-traded sector following a wage …
Persistent link: https://www.econbiz.de/10012162484
, generating spurious evidence that higher minimum wages reduce employment. Using minimum wage variation within contiguous county … pairs that share a state border, they find no relationship between minimum wages and employment in the U.S. restaurant …−but within cross-border commuting zones−we find a robust negative relationship between minimum wages and employment. …
Persistent link: https://www.econbiz.de/10013201636
negative effects on the employment prospects of low-wage workers. However, we provide suggestive evidence that young workers … employment elasticity with respect to the minimum wage of -0.021, and an own-wage elasticity of -0.033, suggesting that wage … gains dominated employment losses. …
Persistent link: https://www.econbiz.de/10013440409
Western Europe, but by lower employment rates in Eastern and Southern Europe. …
Persistent link: https://www.econbiz.de/10011524624
moments of the distributions of earnings, employment and wage shocks across individuals. Our main finding is that …
Persistent link: https://www.econbiz.de/10011624196
businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …
Persistent link: https://www.econbiz.de/10011800715
preferences for public sector employment and employers. In fixed effects specifications, we demonstrate that feelings of job …
Persistent link: https://www.econbiz.de/10012601986
Does the culture in which a woman grows up influence her labor market decisions once she has had a child? And to what extent can exposure to a different cultural group in adulthood shape maternal labor supply? To address these questions, we exploit the setting of the German reunification. A...
Persistent link: https://www.econbiz.de/10012520566