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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 … be an exception, but the scarcity of workers has been tamed by internal flexibility resulting from more decentralized …
Persistent link: https://www.econbiz.de/10012131008
employment and wages in the United States. Guided by a pre-analysis plan, we document that COVID-19 increased the unemployment … their labor market outcomes affected, while workers working in proximity to coworkers are more affected. The unemployment … rate, decreased hours of work and labor force participation, especially for younger workers, non-white, not married and …
Persistent link: https://www.econbiz.de/10012221891
increased the unemployment rate, decreased hours of work and labor force participation and had no significant impacts on wages …In this ongoing project, we examine the short-term consequences of COVID- 19 on employment and wages in the United …. The negative impacts on labor market outcomes are larger for men, younger workers, Hispanics and less-educated workers …
Persistent link: https://www.econbiz.de/10012203071
. The paper conducts an impact evaluation of the minimum wage legislation for domestic workers introduced in four states in … the short-run and the long-run impact of the legislation on real wages and employment opportunities. Results show a … positive impact of the legislation on real wages in the short-run, with no significant impact in the long-run. Further, the …
Persistent link: https://www.econbiz.de/10012163058
-analysis plan, we investigate the negative impact of the pandemic on unemployment, labour force participation, hours and wages in …, not married, and less edu- cated workers. We investigate whether the economic consequences of this pandemic were larger … for certain occupations. We then built indices for whether (1) workers are relatively more exposed to disease, (2) work …
Persistent link: https://www.econbiz.de/10012220772
to employment, wages, prices and household well-being. The meta-analysis finds that most results on employment and wages … are non-significant. When significant, decreases in employment and wages are more likely to occur than increases with … decreases strongly associated with the short-term, middle-income countries, females, young and informal workers. Food and rent …
Persistent link: https://www.econbiz.de/10012239323
joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of … vacancy longevity for modeling and calibration, in particular regarding match cyclicality and wages. When calibrated to the …
Persistent link: https://www.econbiz.de/10012269069
unemployment. This link becomes more evident when wage inflation is disaggregated at sectoral and occupational levels. Using … exogenous variations in local market unemployment as the main identification strategy, a negative correlation between vacancy …-level wage and unemployment is also established. The correlation magnitude, however, is different across regions and skill …
Persistent link: https://www.econbiz.de/10012255418
technological advancements on overall employment, skills and wages. After a critical review of the extant literature and the …
Persistent link: https://www.econbiz.de/10014289140
, unemployment rates, and wages in fixed-effects regressions which effectively use changes in these indicators over time within … the state/NUTS-1 and district level in both the United States and Europe. We find that Indian workers react to asymmetric … the response to unemployment shocks in these economies. In India, the unemployment rate does not seem to be a reliable …
Persistent link: https://www.econbiz.de/10013258869