Showing 61 - 70 of 2,054
association, we find that female wages are negatively associated with working directly for a female as opposed to male manager …
Persistent link: https://www.econbiz.de/10011415088
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of … substantially reduce their labor supply compared to the case of equal low wages (-22%). This decrease is twice as large as those … induced by low wages due to fair chances or unfair chances coming from an unspecified source. In addition, exploratory …
Persistent link: https://www.econbiz.de/10012154293
A perceived need to increase nominal wage flexibility as a substitute for domestic monetary policy and a tendency to less wage moderation are likely to promote bargaining co-ordination and social pacts in the EMU. But such co-ordination is not likely to be sustainable in the long run, as it...
Persistent link: https://www.econbiz.de/10011399330
Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10010250120
exception. Wage mark-downs, that is wages below the marginal revenue product of labour rooted in employers' monopsony power, are … and intensity of wage mark-downs whereas the opposite holds for wage mark-ups, that is wages above the marginal revenue …
Persistent link: https://www.econbiz.de/10012383706
In this paper we revisit the influential theory of monopolistic competition and optimum product variety as developed by Dixit and Stiglitz (1977) with applications in international trade by Krugman (1979,1980), by modeling fixed and variable costs of production in terms of underlying use of...
Persistent link: https://www.econbiz.de/10012603195
In this paper we conduct a counterfactual analysis and estimate the quantitative importance of demand and supply effects on wage inequality in Germany using a dynamic computable general equilibrium (CGE) model of the Auerbach-Kotlikoff (1987) type. Specifically, the methodological contribution...
Persistent link: https://www.econbiz.de/10003887484
wages or union contracts mandate that relatively high wages have to be paid to these workers. I report some empirical …
Persistent link: https://www.econbiz.de/10011450828
This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall … occupations, entrants and leavers earn lower wages than stayers. This empirical fact suggests substantial skill selection effects … counteracting skill changes along the lines of our new empirical fact explain why occupational wages are unrelated to employment …
Persistent link: https://www.econbiz.de/10012110206
employment, wages and labor market sorting, we structurally estimate an equilibrium job ladder model featuring two …
Persistent link: https://www.econbiz.de/10014427918