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costs influence insider wages and outsiders' opportunities and how these costs affect employment and unemployment. We also … shocks. The second section deals with the insider-outsider theory in relation to two important economic institutions: unions …
Persistent link: https://www.econbiz.de/10011412195
The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
Persistent link: https://www.econbiz.de/10011973148
from confounded product-market concentration. Analysis extends beyond wages to rates of employment-based health insurance …
Persistent link: https://www.econbiz.de/10011972950
This paper combines two of the most central features of modern labor markets - immigrants and unions - to examine the … firms and the careers of incumbent workers. First, unions push immigrants to enter lower-paying and lower-quality firms with …
Persistent link: https://www.econbiz.de/10015046077
setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … estimate the career effects of labor union membership. In the survey, we show how workers perceive the role of unions in … influence worker outcomes, whether unions influence workers differently across their careers, and what the overall long …
Persistent link: https://www.econbiz.de/10014286017
more inhospitable routes. These changes are likely to place a heavier burden on illegal immigrant women as they are more … face of higher migration costs, only immigrants with relatively high expected benefits of migration will choose to migrate … immigrant women from Mexico relative to men as a result of higher migration costs: 1) A decrease in the relative flow of older …
Persistent link: https://www.econbiz.de/10003959209
. We solve (i) for the Markov perfect equilibria with no commitment, under the assumption that the union chooses wages each … entire (infinite) sequence of wages. We conclude that the speed of adjustment of employment, that is higher in the … employment and wages only in the no-commitment case, i.e., the higher the relevance of adjustment costs the higher the wage and …
Persistent link: https://www.econbiz.de/10011339692
to the conventional view that labor costs are procyclical. Using BLS establishment-job data, we find that even real wages …, the main focus of prior literature, have become countercyclical. Benefit expenditures are less rigid than nominal wages …
Persistent link: https://www.econbiz.de/10011796363
Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find …
Persistent link: https://www.econbiz.de/10010360090
unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of …
Persistent link: https://www.econbiz.de/10011333286