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This paper estimates the incidence of corporate taxes on wages using a 20-year panel of German municipalities … framework showing that corporate taxes can have a negative effect on wages in various labor market models. Using an event study … corporate taxes on wages. …
Persistent link: https://www.econbiz.de/10011428676
Because of endogeneity problems very few studies have been able to identify the incidence of corporate taxes on wages … find a negative effect of corporate taxation on wages: a 1 euro increase in tax liabilities yields a 77 cent decrease in …
Persistent link: https://www.econbiz.de/10009740285
Efforts to insure long-tenured displacement workers against earnings losses from unemployment spells and lower wages on …
Persistent link: https://www.econbiz.de/10011455882
In this paper, U.S. data on labor market histories of displaced workers are used to quantify the effect of Unemployment Insurance Compensation (UIC) on both unemployment and employment durations. This results in the first available assessment of the effect that UIC has on the fraction of time...
Persistent link: https://www.econbiz.de/10011401354
relocate when a change in their employment status occurs. We show that, in equilibrium, wages increase with distance to jobs … away from jobs, have higher unemployment rates and lower wages. This is because the housing market amplifies the negative …
Persistent link: https://www.econbiz.de/10003580850
"We evaluate the impact of product market uncertainty on workers wages, addressing the questions: To what extent do … firms provide insurance to their workforce, insulating their wages from shocks in product markets? How does the amount of … quality. The empirical strategy is based on Guiso et al. (2005). We first estimate dynamic models of sales and wages to …
Persistent link: https://www.econbiz.de/10003212064
Over the 1967-2015 period, net wage inequality has decreased in France by 25%, in contrast to the significant increase experienced by most developed countries. Less well known is the fact that labor cost inequality has actually increased by 8% over the same period. We show that, (a) standard...
Persistent link: https://www.econbiz.de/10012228771
There is a debate on whether executive pay reflects rent extraction due to "managerial power" or is the result of arms-length bargaining in a principal-agent framework. In this paper we offer a test of the managerial power hypothesis by empirically examining the CEO compensation of U.S. public...
Persistent link: https://www.econbiz.de/10003779098
-job specific fixed effects ; job changes ; individual wages …
Persistent link: https://www.econbiz.de/10008780040
We develop a theory of the market for individual reputation, an indicator of regard by one’s peers and others. The central questions are: 1) Does the quantity of exposures raise reputation independent of their quality? and 2) Assuming that overall quality matters for reputation, does the...
Persistent link: https://www.econbiz.de/10003925253