Showing 1 - 10 of 162
This paper analyzes the role of Uruguay's sharp minimum wage increases after 2004 amidst the country's slight wage inequality decrease. We found that the minimum wage increase has contributed to the reduction of wage inequality for formal workers mainly. However, we also found a negative impact...
Persistent link: https://www.econbiz.de/10012098962
This paper investigates what happened to the wage distribution in Italy during the first wave of the COVID-19 pandemic. It shows which categories of workers and economic sectors have suffered more than others and to what extent both the actual level of smart-working and the ability to Working...
Persistent link: https://www.econbiz.de/10012505171
The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are automatically granted a more generous old-age pension benefits replacement rate, called the household replacement rate. Following a recommendation of the Belgian Pension Reform...
Persistent link: https://www.econbiz.de/10012801885
Average subjective well-being decreased in Europe during the Great Recession, primarily among people with less than a college education and people younger than retirement age. However, some countries fared better than others depending on their labor market policies. More generous unemployment...
Persistent link: https://www.econbiz.de/10012151876
trend in France and Germany now exceeds the one in Italy, South Korea and Japan. At the same time, the containment measures … seem more intense in Italy, South Korea and Japan than in France and Germany. Nevertheless, decision makers in France and … Germany as in other countries need to compare the costs of containment (such as various forms of shut downs, cancellations of …
Persistent link: https://www.econbiz.de/10012173099
Does the COVID-19 pandemic cause people unhappy? In this study, we use a recent survey from China, Japan, South Korea, Italy, the United Kingdom and the United States to explore this question. We find a relatively large effect: a one per-mille point increase in the incidence of the COVID-19...
Persistent link: https://www.econbiz.de/10012422564
STEM-focused industries are critical to the innovation-driven economy. As many firms are running short of STEM workers, international immigrants are increasingly recognized as a potential for high-tech job recruitment. This paper studies STEM occupations in Sweden 2011-2015 and tests hypotheses...
Persistent link: https://www.econbiz.de/10012129939
In 1999, a reform of education was implemented in Poland, which added one year to the shortest available educational path, leading to the acquisition of basic vocational education. In the new system, students choosing this path acquire one more year of general education, which, according to the...
Persistent link: https://www.econbiz.de/10012129951
In this work we develop a set of labour market and fiscal policy experiments upon the labour and credit augmented "Schumpeter meeting Keynes" agent-based model. The labour market is declined under two institutional variants, the "Fordist" and the "Competitive" set- ups meant to capture the...
Persistent link: https://www.econbiz.de/10012130265
This paper takes advantage of access to detailed matched bank-firm data to investigate whether and how employment decisions of SMEs have been affected by credit constraints in the wake of the Great Recession. Variability in banks’ financial health following the 2008 crisis is used as an...
Persistent link: https://www.econbiz.de/10012130309