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I examine the short-term labor market effects of the Great Lockdown in the United States. I analyze job losses by task content (Acemoglu & Autor 2011), and show that they follow underlying trends; jobs with a high non-routine content are especially well-protected, even if they are not...
Persistent link: https://www.econbiz.de/10012306404
vacancy longevity for modeling and calibration, in particular regarding match cyclicality and wages. When calibrated to the …
Persistent link: https://www.econbiz.de/10012269069
Denmark is often highlighted as a "flexicurity" country with lax employment protection legislation, generous unemployment insurance, and active labor market policies. This model has coped with the Great Recession and the Covid-19 pandemic, avoiding large increases in long-term and structural...
Persistent link: https://www.econbiz.de/10014290514
the quality of the work found by the unemployed. This quality rise, in terms of both wages and duration, can be achieved …
Persistent link: https://www.econbiz.de/10011416465
Low-wage employment has become an important feature of the labor market and a controversial topic for debate in many countries. How to interpret the prominence of lowpaid jobs and whether they are beneficial to workers or society is currently an open question. The answer depends on whether...
Persistent link: https://www.econbiz.de/10011507208
employment and wages in the United States. Guided by a pre-analysis plan, we document that COVID-19 increased the unemployment …
Persistent link: https://www.econbiz.de/10012221891
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …
Persistent link: https://www.econbiz.de/10012131008
The Netherlands is an example of a highly institutionalized labor market that places considerable attention on equity concerns. The government and social partners (unions and industry associations) seek to adjust labor market arrangements to meet the challenges of increased international...
Persistent link: https://www.econbiz.de/10011777184
Remote work is rapidly increasing in the US. Using data on full-time wage and salary workers from the GHIJ-GHIL American Time Use Survey Leave and Job Flexibilities Module, we estimate hourly wage differentials between teleworkers and office workers and compare how teleworkers and office workers...
Persistent link: https://www.econbiz.de/10012422934
higher wages than those working on-site, and the difference increased sharply during the pandemic. Real wages grew 4 …
Persistent link: https://www.econbiz.de/10014339847