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The nature of household labor income risk

Pruitt, Seth; Turner, Nicholas - 2018

What is the nature of labor income risk facing households? We answer this question using detailed administrative data on household earnings from the U.S. Internal Revenue Service. By analyzing total household labor earnings as well as each member's earnings, we offer several new findings. One,...

Persistent link: https://www.econbiz.de/10011932201

The cyclical behavior of unemployment and wages under information frictions

Morales-Jimenez, Camilo - 2017

higher wages. This increases firms' incentives to post more vacancies, which makes unemployment volatile and sensitive to … aggregate shocks. The model is robust to two major criticisms of existing theories of sluggish wages and volatile unemployment … explains 70% of unemployment volatility …

Persistent link: https://www.econbiz.de/10011709249

Real and monetary challenges to wage policy in Germany at the turn of the millennium : technical progress, globalization and European Monetary Union

Franz, Wolfgang - 1999

At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled- biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....

Persistent link: https://www.econbiz.de/10011443321

Employment and wage effects of social security financing : an empirical analysis of the West German experience and some policy simulations

Steiner, Viktor - 1996

This paper follows up recent work on the relationship between (un-)employment and wage effects of social security …

Persistent link: https://www.econbiz.de/10011439693

Offshoring and labor income risk

Hogrefe, Jan; Yao, Yao - 2012

This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large number of studies explaining the level effects of globalization on the labor market in that it takes a look at effects on second moments, i.e. the variance of incomes. It provides...

Persistent link: https://www.econbiz.de/10009521124

The long-term labor market effects of parental unemployment

Schmidpeter, Bernhard - 2020

I investigate the impact of parental unemployment on children’s educational attainment and long-run labor market … outcomes in Austria. I find that parental unemployment shortly before an important educational decision by parents for their … results emphasize the intergenerational and long-lasting consequences of parental unemployment. …

Persistent link: https://www.econbiz.de/10012264111

Sources of displaced workers' long-term earnings losses

Lachowska, Marta; Mas, Alexandre; Woodbury, Stephen A. - 2017

panel data from Washington State assembled from 2002-2014 administrative wage and unemployment insurance (UI) records. Three …

Persistent link: https://www.econbiz.de/10011790552

The wage curve and the Phillips curve

Roberts, John M. - 1997

Persistent link: https://www.econbiz.de/10000651471

New insights on unemployment duration and post unemployment earnings in Germany : censored box-cox quantile regression at work

Fitzenberger, Bernd (contributor); … - 2007

periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box{Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …

Persistent link: https://www.econbiz.de/10003435417

Wage insurance as a policy option in the United States

Wandner, Stephen A. - 2016

Wage insurance is a program that attempts to help permanently displaced workers transition to employment rapidly, effectively, and equitably. Because displaced workers have been found to suffer substantial earnings losses when they become reemployed, a wage insurance program provides a temporary...

Persistent link: https://www.econbiz.de/10011420663