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Zimmermann, Klaus F. - 2018

Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....

Persistent link: https://www.econbiz.de/10012131008

The effects of productivity and benefits on unemployment : breaking the link

Brown, Alessio J. G.; Kohlbrecher, Britta; Merkl, Christian - 2017

quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This … model, unemployment benefits affect households' behavior directly, without having to run via the bargained wage. A … effect of benefits on unemployment. Our analysis shows the importance of investigating the effects of policies on the …

Persistent link: https://www.econbiz.de/10012111816

Innovation and the labor market : theory, evidence and challenges

Corrocher, Nicoletta; Moschella, Daniele; Staccioli, Jacopo - 2023

This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new technological advancements on overall employment, skills and wages. After a critical review of the extant literature and the available empirical studies, novel evidence is...

Persistent link: https://www.econbiz.de/10014289140

Divergence in labour force growth : should wages and prices grow faster in Germany?

Beissinger, Thomas; Hellier, Joël; Marczak, Martyna - 2020

their labour force. If not, other countries experience growing unemployment and/or trade deficit. This result is applied to …) the impact of differences in labour force growth upon unemployment in Eurozone countries has been significant and (ii) the …

Persistent link: https://www.econbiz.de/10012252383

Overeducation, performance pay and wages : evidence from Germany

Baktash, Mehrzad B. - 2023

Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...

Persistent link: https://www.econbiz.de/10014342988

Unobserved worker quality and inter-industry wage differentials

Ge, Suqin; Macieira, João - 2020

This study quantitatively assesses two alternative explanations for inter-industry wage differentials: worker heterogeneity in the formof unobserved quality and firmheterogeneity in the form of a firm's willingness to pay (WTP) for workers' productive attributes. We develop an empirical hedonic...

Persistent link: https://www.econbiz.de/10012174886

Does over-education raise productivity and wages equally? : the moderating role of workers' origin and immigrants' background

Jacobs, Valentine; Rycx, François; Volral, Mélanie - 2022

We provide first evidence of the impact of over-education, among natives and immigrants, on firm-level productivity and wages. We use Belgian linked panel data and rely on the methodology from Hellerstein et al. (1999) to estimate ORU (over-, required, and under-education) equations aggregated...

Persistent link: https://www.econbiz.de/10012815700

Heterogeneity and spatial dependence in Okun's law : a global view

Maridueña-Larrea, Ángel; Martín-Román, Ángel; … - 2025

This study analyses the relationship between unemployment and economic growth at the international level, addressing …

Persistent link: https://www.econbiz.de/10015361646

Productivity outcomes in online labor markets and within-task complexity and difficultly

Mourelatos, Evaggelos; Giannakopoulos, Nicholas; … - 2020

We analyze the impact of within-task difficulty and complexity on workers' productivity in online labor markets. Using a randomized control quasi-experiment in AMT we are able to define the difficulty and complexity embodied in requested sub-tasks within a problem-solved task. We find that our...

Persistent link: https://www.econbiz.de/10012391079

Curtailment of economic activity and labor inequalities

Florio, Erminia; Kharazi, Aicha - 2022

The worrying combination of the labor market tightness and the wage inflation in the US since the pandemic raises a question on how the business closure orders affected the fragile segments of the labor force and contributed to mounting inflationary wage pressure. We develop a macroeconomic...

Persistent link: https://www.econbiz.de/10013365159