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This paper analyses the economic impact of a significant change to the structure of a minimum wage setting policy. The context is the United Kingdom where government mandated an unexpected change in the structure of minimum wages and their setting in 2016 by introducing a new minimum wage - the...
Persistent link: https://www.econbiz.de/10011845713
This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10009006946
This paper investigates the effects of housing price risk on housing choices over the lifecycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10009006985
and flows via non-participation. Close to two-thirds of the volatility of unemployment in the UK over this period can be …
Persistent link: https://www.econbiz.de/10009309634
We provide new evidence about earnings and labour market volatility in Britain over the period 1992-2008, and for women … as well as men. (Most research about volatility refers to earnings volatility for US men.) We show that earnings … volatility declined slightly for both men and women over the period but the changes are not statistically significant. When we …
Persistent link: https://www.econbiz.de/10009770646
little evidence about whether having more education causes employees to experience lower earnings volatility or shelters them … 1972 increase in compulsory schooling on earnings volatility over the life cycle. Our estimates suggest that men exposed to … evidence that education affects earnings volatility of older men. …
Persistent link: https://www.econbiz.de/10011743598
tests the hypotheses derived by exploiting the introduction of a "fresh start" policy in Germany in 1999 as a natural …
Persistent link: https://www.econbiz.de/10009126032
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility … vacancies) divided by the volatility of labor productivity is roughly twice as large as in the United States. We derive and …
Persistent link: https://www.econbiz.de/10003896476
theory entails three sets of propositions in which we attempt to account for stability, change and also volatility. First, it …-individual differences in the volatility/variability of LS over time; why some individuals display high volatility and others low, even …
Persistent link: https://www.econbiz.de/10011502854
In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given …. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different … volatility measures and four country groups. In autoregressive models, a significant disturbing impact of volatility can be found …
Persistent link: https://www.econbiz.de/10011294706