Showing 1 - 10 of 5,122
Positive assortative matching implies that high productivity workers and firms match together. However, there is almost …. This could be the result of a bias caused by standard estimation error. Using German social security records we show that … the effect of this bias is substantial in samples with limited inter-firm movement. The correlation between worker and …
Persistent link: https://www.econbiz.de/10009550579
Many biases plague the estimation of rent sharing in labour markets. Using a Portuguese matched employer-employee panel …
Persistent link: https://www.econbiz.de/10002481892
recently been explored using matched employer-employee data. This paper investigates (i) the importance of firms in explaining …-unemployment-job affects the relative importance of firms and workers in wage determination. Results indicate that (i) firms are much more …
Persistent link: https://www.econbiz.de/10002480711
, and construction workers. I study the wage and employment responses of these occupations to the housing cycle, a proxy for …
Persistent link: https://www.econbiz.de/10011517457
characteristics of workers entering/ exiting into/from employment that may blur the "true" underlying wage growth, are not typically … observed with raw data. This may help to explain some macro puzzles, such as the "vanishing" Phillips curve. …
Persistent link: https://www.econbiz.de/10012388992
This paper examines wage dispersion and wage dynamics in a stock-flow matching economy with on-the-job search. Under … stock-flow matching, job seekers immediately become fully informed about the stock of viable vacancies. If only one option … among similar workers. The resulting wage distribution has an interior mode and prominent, well-behaved tails. The model …
Persistent link: https://www.econbiz.de/10003814346
We investigate whether the costs of job displacement differ between blue collar and white collar workers. In the short … run earnings and employment losses are substantial for both groups but stronger for white collar workers. In the long run …, there are only weak effects for blue collar workers but strong and persistent effects for white collars. This is consistent …
Persistent link: https://www.econbiz.de/10003741925
This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...
Persistent link: https://www.econbiz.de/10003959628
productivity. Combining data from the NLSY79 with O*NET data, we use Armed Services Vocational Aptitude Battery scores to measure … collar workers. Moreover, we find that the extent of employer learning - which we demonstrate to be directly identified by … magnitudes of parameter estimates after simple manipulation of the data - does not vary significantly across skill type or worker …
Persistent link: https://www.econbiz.de/10009548883
"We evaluate the impact of product market uncertainty on workers wages, addressing the questions: To what extent do … retrieve consistent estimates of shocks to firms' sales and to workers' earnings. We are then able to estimate the sensitivity … hypothesis. Workers' wages respond to permanent shocks to firm performance, whereas they are not sensitive to transitory shocks …
Persistent link: https://www.econbiz.de/10003212064