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Real unit labour costs in Eurozone countries : drivers and clusters
Ordóñez, Javier; Sala, Hector; Silva, José Ignacio - 2014
We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components - real wages, capital intensity, and technology - are uncovered through decomposition and cluster analyses. In the...
Persistent link: https://www.econbiz.de/10010369774
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Sorting between and within industries : a testable model of assortative matching
Abowd, John M.; Kramarz, Francis; Pérez-Duarte, Sébastien - 2014
applied to a broad class of assignment models. The results indicate that industries are the loci of sorting-more productive … workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …
Persistent link: https://www.econbiz.de/10010403442
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Fiscal policy and occupational employment dynamics
Bredemeier, Christian; Jüßen, Falko; Winkler, Roland - 2017
We document substantial heterogeneity in occupational employment dynamics in response to government spending shocks. Employment rises most strongly in service, sales, and office ("pink-collar") occupations. By contrast, employment in blue-collar occupations is hardly affected by fiscal stimulus...
Persistent link: https://www.econbiz.de/10011596105
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The role of industries in rising inequality
Briskar, Juraj; Di Porto, Edoardo; Rodríguez Mora, … - 2023
inequality. The total variance surged by 10 log points, with 55% occurring between industries, particularly in a few low …-paid service sectors. Workers with low earnings ability showed increased likelihood of working in industries with low average firm …, inequality increased predominantly between industries and concentrated within a small number of sectors. Italy's increase …
Persistent link: https://www.econbiz.de/10014446130
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Job losses, outsourcing and relocation : empirical evidence using microdata
Artís Ortuño, Manuel (contributor);  … - 2007
Using microdata, we analyse the determinants of firm relocation and outsourcing decisions and their effects on firms' employment decisions. The results for a sample of 32 countries show that both strategies have been more intense in the EU-15 countries than in the rest and that, in some cases,...
Persistent link: https://www.econbiz.de/10003635366
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Testing mundell's intuition of endogenous OCA theory
Warin, Thierry (contributor);  … - 2008
This paper presents an empirical assessment of the endogenous optimum currency area theory. Frankel and Rose (1998) study the endogeneity of a currency union through the lens of international trade flows. Our study extends Frankel and Rose's model by using FDI flows to test the original theory...
Persistent link: https://www.econbiz.de/10003760087
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On the bilateral trade effects of free trade agreements between the EU-15 and the CEEC-4 countries
Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2008
The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...
Persistent link: https://www.econbiz.de/10003769782
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Trade as a wage disciplining device
Persyn, Damiaan (contributor) - 2008
We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10003771050
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The long term effects of legalizing divorce on children
González, Libertad (contributor);  … - 2008
We estimate the effect of divorce legalization on the long-term well-being of children. Our identification strategy relies on exploiting the different timing of divorce legalization across European countries. Using European Community Household Panel data, we compare the adult outcomes of cohorts...
Persistent link: https://www.econbiz.de/10003771059
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Fertility and female employment dynamics in Europe : the effect of using alternative econometric modeling assumptions
Michaud, Pierre-Carl (contributor);  … - 2008
We investigate the direct and long-run effects of fertility on employment in Europe estimating dynamic models of labor supply under different assumptions regarding the exogeneity of fertility and modeling assumptions related to initial conditions, unobserved heterogeneity and serial correlation...
Persistent link: https://www.econbiz.de/10003779036