Showing 1 - 10 of 221
This paper considers the public and private sector wage earners in Egypt and examines their wage distribution during 1998-2012 using Egyptian Labor Market Panel Survey. We estimate the publicprivate sector wage gap with Mincer wage equations both at the mean and at different quantiles of the...
Persistent link: https://www.econbiz.de/10012129773
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
Decentralised bargaining is an important wage setting mechanism that promotes wage flexibility which in turn determines how earnings and employment are affected by economic shocks. We investigate the impact of the 2011 industrial relations reform in Greece that allowed firms with less than 50...
Persistent link: https://www.econbiz.de/10012150173
Do labour institutions influence how wages respond to the business cycle? Such responsiveness can then shape several economic outcomes, including unemployment. In this paper, we examine the role of two key labour market institutions - collective bargaining and temporary contracts - upon wage...
Persistent link: https://www.econbiz.de/10015044862
We estimate the impact of union density on wages using Portuguese matched employer-employee-contract data, extending Gelbach's (2016) omitted variable bias decomposition procedure to obtain the contribution of worker, firm, and job-title heterogeneity to the union wage premium. The principal...
Persistent link: https://www.econbiz.de/10012098871
This paper explores the role of performance-related pay to the UK gender pay gap at the mean and across the earnings distribution. Applying decomposition methods to data from the Annual Survey of Hours and Earnings, we find that performance-related pay is an important but neglected factor, with...
Persistent link: https://www.econbiz.de/10013470907
A number of studies have reported that union decline is associated with rising overall wage inequality, not least in Germany where the phenomenon has been linked to economic resurgence. The present paper takes an unconventional approach to this potential source of rising inequality by examining...
Persistent link: https://www.econbiz.de/10012110320
The returns to schooling are estimated for 28 European and Central Asian countries using the Mincerian function. Our results show that while the public sector pays on average more than the private sector, the effect of education on earnings is stronger in the private sector. However, the returns...
Persistent link: https://www.econbiz.de/10013357569
This paper examines whether the intensity of Non-Pharmaceutical Interventions (NPIs) during the COVID-19 pandemic has differentially impacted the public sector labor market outcomes. This extends the analysis of the already documented negative economic consequences from COVID-19 and their...
Persistent link: https://www.econbiz.de/10012262420
Although many studies point to the significant influence of collective bargaining institutions on earnings inequalities, evidence on how these institutions shape poverty rates across developed economies remains surprisingly scarce. It would be a mistake, though, to believe that the relationship...
Persistent link: https://www.econbiz.de/10012585615