Showing 1 - 10 of 31
Using cross-country data, we investigate the determinants of reservation wages and their course over the jobless spell. Higher unemployment benefits lead to higher reservation wages. Further, again consistent with the basic search model, repeated observations on the same individual provide scant...
Persistent link: https://www.econbiz.de/10003652702
This paper uses EU-SILC data from 2005 and 2006 to explore the hypothesis that international differences in rates of …
Persistent link: https://www.econbiz.de/10003880411
Interpretation of the phenomenon of graduate overeducation remains problematical. In an attempt to resolve at least some of the issues this paper makes use of the panel element of the HILDA survey, distinguishing between four possible combinations of education/skills mismatch. For men we find a...
Persistent link: https://www.econbiz.de/10003880505
A thorny problem in identifying the determinants of reservation wages and particularly the role of continued joblessness in their evolution is the simultaneity issue. We deploy a natural control function approach to the problem that involves conditioning elapsed duration on completed...
Persistent link: https://www.econbiz.de/10008778692
The interpretation of graduate mismatch manifested either as overeducation or as overskilling remains problematical. This paper uses annual panel information on both educational and skills mismatches uniquely found in the HILDA survey to analyse the relationship of both mismatches with pay, job...
Persistent link: https://www.econbiz.de/10008779138
It has been well established that the wages of individual workers react little, especially downwards, to shocks that hit their employer. This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. We...
Persistent link: https://www.econbiz.de/10003963797
Firms have multiple options at the time of adjusting their wage bills. However, previous literature has mainly focused on base wages. We broaden the analysis beyond downward rigidity in base wages by investigating the use of other margins of labour cost adjustment at the firm level. Using data...
Persistent link: https://www.econbiz.de/10003963801
has been implemented on a sample of region-yearly data drawn from the EU Survey on Income and Living Conditions (EU …
Persistent link: https://www.econbiz.de/10011543640
affected. One possible outcome of Brexit is a situation where WTO tariffs apply to merchandise trade between the UK and the EU …. By examining detailed trade flows between the UK and all other EU members, matching over 5200 products to the WTO tariff … applicable to external EU trade this paper shows that such an outcome would result in significantly different impacts across …
Persistent link: https://www.econbiz.de/10011565180
This paper explores how the diversity of minimum wage systems affects earnings inequalities within European countries. It relies on the combination of (a) harmonized micro-data from household surveys, (b) data on national statutory minimum wages and coverage rates, and (c) hand-collected...
Persistent link: https://www.econbiz.de/10010402100