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Occupation growth, skill prices, and wage inequality

Böhm, Michael; Gaudecker, Hans-Martin von; Schran, Felix - 2022

This paper studies the relationship between occupational employment, occupational wages, and rising wage inequality. We document that in all occupations, entrants and leavers earn less than stayers. This suggests selection effects that are negative for growing occupations and positive for...

Persistent link: https://www.econbiz.de/10013257695

Credit supply, firms, and earnings inequality

Moser, Christian; Saidi, Farzad; Wirth, Benjamin; … - 2021

We study the distributional consequences of monetary policy-induced credit supply in the labor market. To this end, we construct a novel dataset that links worker employment histories to firm financials and banking relationships in Germany. Firms in relationships with banks that are more exposed...

Persistent link: https://www.econbiz.de/10012511768

Job levels and wages

Bayer, Christian; Kuhn, Moritz - 2023

Job levels summarize the complexity, autonomy, and responsibility of task execution. Conceptually, job levels are related to the organization of production, are distinct from occupations, and can be constructed from data on task execution. We highlight their empirical role in matched...

Persistent link: https://www.econbiz.de/10014284588

Monopsony makes firms not only small but also unproductive : why East Germany has not converged

Bachmann, Ruediger; Bayer, Christian; Stüber, Heiko; … - 2024

When employers face a trade-off between being large and paying low wages - and in this sense have monopsony power - some productive employers decide to acquire few customers, forgo sales, and remain small. These decisions have adverse consequences for aggregate labor productivity. Using...

Persistent link: https://www.econbiz.de/10014578387

Endogenous organizational restructuring: status, productivity, & meritocratic dynamics

Thakur, Ashutosh; Bendor, Jonathan - 2021

We model the dynamics of endogenous organizational restructuring, where those being assigned positions in an organization can themselves lobby for who gets which position. Internal labor market changes depend on how much individuals value their own status in the organization, the organizational...

Persistent link: https://www.econbiz.de/10012511761

External imbalances and the wage curve : the role of labour and product market regulation : fellowship initiative “Challenges to Integrated Markets”

Monteiro, Paulo Santos - 2017

Persistent link: https://www.econbiz.de/10011714961

Labour market and wage developments in ... ; 2009

2010

Persistent link: https://www.econbiz.de/10008760533

Labour market and wage developments in ... ; 2008

2009

Persistent link: https://www.econbiz.de/10003912038

Labour market and wage developments in ... ; 2006

2007

Persistent link: https://www.econbiz.de/10003660540

Unemployment risk, portfolio choice, and the racial wealth gap

Derenoncourt, Ellora; Kim, Chi Hyun; Kuhn, Moritz; … - 2023

Black Americans face higher cyclical unemployment risk than white Americans: job-finding rates during recessions are … lower and the risk of becoming long-term unemployed is higher. Differences in unemployment risk across Black and white … Americans imply that Black Americans optimally invest less in risky assets. We show that differences in unemployment risk can …

Persistent link: https://www.econbiz.de/10014441882