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I study the life-cycle pattern of part-time employment and its impact on wage growth in female careers. I show that the … part-time wage penalty consists of two essential components: i) a penalty for promotions and ii) a within-career-level wage …-level wage losses contribute to the wage penalty to an equal degree. Counterfactual simulations demonstrate that financial …
Persistent link: https://www.econbiz.de/10014492126
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks …, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life …-cycle model of consumption and labor supply. Both permanent wage and hours shocks are important to explain earnings risk, but wage …
Persistent link: https://www.econbiz.de/10012145317
Wage growth occurs almost exclusively in full-time work, whereas it is close to zero in part-time work. German women …, when asked to predict their own potential wage outcomes, show severely biased expectations with strong over-optimism about …-run wage profiles, and substantially influences the employment effects of a widely discussed policy reform, the introduction of …
Persistent link: https://www.econbiz.de/10014495723
Working from home (WfH) has become much more common since the early 2000s. We exploit the German Socio-Economic Panel between 1997 and 2014 to investigate how such a work arrangement affects labour market outcomes and life satisfaction. We find that childless employees work an extra hour per...
Persistent link: https://www.econbiz.de/10011999055
quality caused by the evolution of the pandemic can be attributed to changes in lifestyles, worsened mental health and …
Persistent link: https://www.econbiz.de/10013382278
the wage distribution, and employees in the accommodation and food industry still have no access to paid sick leave …
Persistent link: https://www.econbiz.de/10014511708
This paper evaluates how sick pay mandates operate at the job level in the United States. Using the National Compensation Survey and difference-in-differences models, we estimate their impact on coverage rates, sick leave use, labor costs, and non-mandated fringe benefits. Sick pay mandates...
Persistent link: https://www.econbiz.de/10012671879
This paper analyses financial incentives to work in Finland from three perspectives. First, the financial incentives to work are quantified i.e. the participation tax rate (PTR) levels are calculated with numerous classifications. Second, a question of how different parts of the tax and social...
Persistent link: https://www.econbiz.de/10012503072
Wage expectations for full- and part-time employment are key for understanding the labor supply decisions of women … survey data, I quantify the expected full-time/part-time wage differential for a representative sample of female workers. I … document that women, on average, expect only minor part-time wage penalties (1-3 percent). Comparing beliefs to selectivity …
Persistent link: https://www.econbiz.de/10012285506
Individuals vary considerably in how much they earn during their lifetimes. We study how the tax-and-transfer system o sets inequalities in lifetime earnings, which would otherwise translate into differences in living standards. Based on a life-cycle model, we find that redistribution by taxes...
Persistent link: https://www.econbiz.de/10012108653