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The Cyclicality of Consumption, Wages and Employment of the Public Sector in the Euro Area

Lamo, Ana; Pérez, Javier J.; Schuknecht, Ludger - 2021

(including compensation per employee and public employment) and intermediate consumption in the euro area aggregate, euro area … countries and a group of selected non-euro area OECD countries (Denmark, Sweden, the UK, Japan and the US). It looks across a … for the euro area aggregate and euro area countries. The findings reflect mainly the correlation between cyclical …

Persistent link: https://www.econbiz.de/10013317084

Are Specific Skills an Obstacle to Labor Market Adjustment? Theory and an Application to the EU Enlargement

Lamo, Ana; Messina, Julián; Wasmer, Etienne - 2021

We argue that the existence of large amounts of specific human capital makes costly and slows down the adjustment in the labor market after large reallocation shocks. To illustrate this point we build a theoretical framework in which young agents' career is heavily determined by initial...

Persistent link: https://www.econbiz.de/10013318030

European women: Why do(n't) they work?

Genre, Véronique; Gómez-Salvador, Ramón; Lamo, Ana - 2005

This paper provides an empirical study of the determinants of female participation decisions in the European Union. The analysis is performed by estimating participation equations for different age groups (i.e. young, prime-age and older females), using annual data for a panel of 12 EU-15...

Persistent link: https://www.econbiz.de/10011604500

The cyclicality of consumption, wages and employment of the public sector in the euro area

Lamo, Ana; Pérez, Javier J.; Schuknecht, Ludger - 2007

(including compensation per employee and public employment) and intermediate consumption in the euro area aggregate, euro area … countries and a group of selected non-euro area OECD countries (Denmark, Sweden, the UK, Japan and the US). It looks across a … euro area aggregate and euro area countries. The findings reflect mainly the correlation between cyclical developments …

Persistent link: https://www.econbiz.de/10011604803

Public and private sector wages: co-movement and causality

Lamo, Ana; Pérez, Javier J.; Schuknecht, Ludger - 2008

This paper looks at public and private sector wages interactions since the 1960s in the euro area, euro area countries …

Persistent link: https://www.econbiz.de/10011605009

How are firms’ wages and prices linked: survey evidence in Europe

Druant, Martine; Fabiani, Silvia; Kezdi, Gabor; Lamo, Ana; … - 2009

This paper presents new evidence on the patterns of price and wage adjustment in European firms and on the extent of nominal rigidities. It uses a unique dataset collected through a firm-level survey conducted in a broad range of countries and covering various sectors. Several conclusions are...

Persistent link: https://www.econbiz.de/10011605130

Inter-industry wage differentials in EU countries: what do cross-country time varying data add to the picture?

Du Caju, Philip; Kátay, Gábor; Lamo, Ana; Nicolitsas, … - 2010

This paper documents the existence and main patterns of inter-industry wage differentials across a large number of industries for 8 EU countries (Belgium, Germany, Greece, Hungary, Ireland, Italy, Netherlands, and Spain) at two points in time (in general 1995 and 2002) and explores possible...

Persistent link: https://www.econbiz.de/10011605228

Changes in the wage structure in EU countries

Christopoulou, Rebekka; Jimeno, Juan F.; Lamo, Ana - 2010

We study changes in the wage structures in nine EU countries over 1995-2002 and the role of demand, supply and institutional developments in shaping these changes. Using comparable cross-country microeconomic data, we compute for each country and at each decile of the wage distribution, the part...

Persistent link: https://www.econbiz.de/10011605245

Non-base wage components as a source of wage adaptability to shocks: Evidence from European firms, 2010-2013

Babecký, Jan; Berson, Clémence; Fadejeva, Ludmila; … - 2018

This paper provides evidence on the role of non-base wage components as a channel for firms to adjust labour costs in the event of adverse shocks. It uses data from a firm-level survey for 25 European countries that covers the period 2010-2013. We find that firms subject to nominal wage...

Persistent link: https://www.econbiz.de/10011916862

New technologies and jobs in Europe

Albanesi, Stefania; da Silva, António Dias; Jimeno, Juan F. - 2023

We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011-2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased in...

Persistent link: https://www.econbiz.de/10014374775