Showing 1 - 10 of 45
computing technologies. This paper surveys the evidence on the effects of technical change on skills, wages and employment by … diffusion of technologies on wages in the cross section which is not robust to endogeneity and fixed effects; (iii) at the firm … level product innovations appear to raise employment growth, but there is no clear evidence of a robust effect (either …
Persistent link: https://www.econbiz.de/10010330338
This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …
Persistent link: https://www.econbiz.de/10010330993
into differences in the probability of employment, occupation and earnings for adults in the UK. We also examine whether … there are differences in broader measures of well-being such as self-perceived health and mental health. We find that the … significant differences in terms of occupation, earnings and self-perceived health and mental health. It is not clear why this …
Persistent link: https://www.econbiz.de/10010331045
computing technologies. This paper surveys the evidence on the effects of technical change on skills, wages and employment by … diffusion of technologies on wages in the cross section which is not robust to endogeneity and fixed effects; (iii) at the firm … level product innovations appear to raise employment growth, but there is no clear evidence of a robust effect (either …
Persistent link: https://www.econbiz.de/10005811402
degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX … cross-sections and distinguishes between permanent and transitory income shocks. We find some partial insurance of permanent … income shocks with more insurance possibilities for the college educated and those nearing retirement. We find little …
Persistent link: https://www.econbiz.de/10010292960
This paper uses panel data on household consumption and income to evaluate the degree of insurance to income shocks … cases of self-insurance and the complete markets assumption. We assess the degree of insurance over and above self-insurance … conventional demand analysis rather than reduced form imputation procedures. Our results point to some partial insurance but reject …
Persistent link: https://www.econbiz.de/10010293078
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profi les? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010330995
lifetime tax reform linking annual taxes to previous employment could improve the system's insurance capabilities, albeit at … the cost of a lower employment rate. …
Persistent link: https://www.econbiz.de/10014480488
insurance across individuals and across the lifecycle. We embed these alternative roles in a lifecycle model, allowing us to …-individual redistribution and between- and within-individual insurance. These components are distinguished from perspective of the start of … credit (WFTC) reform of 1999 and the universal credit (UC) reform that began in 2013. Our main conclusions are that insurance …
Persistent link: https://www.econbiz.de/10010397766
This paper looks at the links between health and socio-economic status. It is generally assumed by non-economists that … it is low SES that causes ill health, but this paper asks whether the causation might also work the other way. Even if … the direction of causation is that SES mainly affects health, what dimensions of SES actually matter — the financial …
Persistent link: https://www.econbiz.de/10010293005