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In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We … particular of the post baby boomer cohorts born after 1965 – are responsible for the surprising decline in the relative supply of …
Persistent link: https://www.econbiz.de/10011709378
similar trend in Germany. Based on comprehensive, long-run administrative data for the years 1975 to 2010, we use a set of … reveal similarities between Germany and the U.S. in terms of some declining fortunes of the young. However, whereas in the U ….S. college educated workers have been affected, the results indicate that in Germany the medium-skilled and low-skilled have been …
Persistent link: https://www.econbiz.de/10011580806
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the...
Persistent link: https://www.econbiz.de/10010228790
Relative wages have been remarkably rigid for the last two decades in Danish manufacturing despite large shifts in relative employment from unskilled labor towards skilled and educated labor. Assuming capital-skill complementarity and fixed relative wages as a consequence of labor market...
Persistent link: https://www.econbiz.de/10001732880
This study provides new evidence on skill requirements in the labor market and shows to what extent skill demand is associated with wages and vacancy duration. Using more than 1.5 million job postings administered by the Austrian public employment service, I identify the most common skill...
Persistent link: https://www.econbiz.de/10012583545
This paper investigates whether and in what sense the west German wage structure has been "rigid" in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...
Persistent link: https://www.econbiz.de/10011403026
This paper presents a general equilibrium assignment model of workers to tasks with endogenous supply of skills. The model has 2 key features. First, skills are endogenous and multidimensional. Second, two types of assignment occur; workers self-select the type of skills to supply and firms...
Persistent link: https://www.econbiz.de/10009727655
The HIV epidemic has dramatically decreased labor supply among prime-age adults in sub-Saharan Africa. Using within-country variation in regional HIV prevalence and a synthetic panel, I find that HIV significantly increases the capital-labor ratio in urban manufacturing firms. The impact of HIV...
Persistent link: https://www.econbiz.de/10009534976
into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s …
Persistent link: https://www.econbiz.de/10009130116
We perform decompositions and regression analyses that test the routinization hypothesis and implied job polarization at the firm level. Prior studies have focused on the aggregate, industry or local levels. Our results for the abstract and routine occupation groups are consistent with the...
Persistent link: https://www.econbiz.de/10011455805