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Many contributions suggest that earnings instability has increased during the 1980s and 1990s. This paper develops and estimates an on-the-job search model of the labor market to study the contribution of wage inequality and job mobility in explaining earnings instability. To study the evolution...
Persistent link: https://www.econbiz.de/10003666471
While it is well established that both promotions within firms and mobility across firms lead to significant earnings progression, little is known about the interaction between these types of mobility. Exploiting a large Danish panel data set and controlling for unobserved individual...
Persistent link: https://www.econbiz.de/10009007002
income data. Yet, what matters for incentives is how much an individual can consume or save after taxation. We show that net … and gross income growth patterns may differ substantially when a progressive tax system allows for deduction opportunities … income gains from promotions and cross-firm mobility do not translate into significantly higher net income growth, because …
Persistent link: https://www.econbiz.de/10009156098
In a context of widespread concern about budget deficits, it is important to assess whether public sector pay is in line with the private sector. Our paper proposes an estimation of differences in lifetime values of employment between public and private sectors for five European countries. We...
Persistent link: https://www.econbiz.de/10010350829
We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through 2007 by exploiting industry shocks to import competition stemming from China's spectacular rise as a manufacturing exporter paired with longitudinal data on individual earnings...
Persistent link: https://www.econbiz.de/10010410225
We exploit administrative data on young German workers and their employers to study the long-term effects of an early job loss. To account for non-random sorting of workers into firms with different turnover rates and for selective job mobility, we use changes over time in firm- and age-specific...
Persistent link: https://www.econbiz.de/10002456155
Persistent link: https://www.econbiz.de/10001838244
We here consider the effect of the level of income that individuals consider to be fair for the job they do, which we … take as measure of comparison income, on both subjective well-being and objective future job quitting. In six waves of … German Socio-Economic Panel data, the extent to which own labour income is perceived to be unfair is significantly negatively …
Persistent link: https://www.econbiz.de/10011798035
"Guest workers" earn higher wages overseas on temporary low-skill employment visas. This wage effect can quantify global inefficiencies in the pure spatial allocation of labor between poorer and richer countries. But rigorous estimates are rare, complicated by migrant self-selection. This paper...
Persistent link: https://www.econbiz.de/10011974366
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … that there are substantial differences between the permanent and transitory income determinants - also in terms of the … direction of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according …
Persistent link: https://www.econbiz.de/10011308440