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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/10009752196
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/10009740303
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/10011537983
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/10010388606
's cognitive development, but not on non-cognitive development or health. Regarding mechanisms, we estimate how breastfeeding …
Persistent link: https://www.econbiz.de/10010224803
on health outcomes, including self-reports of chest infection, measured hypertension and biomarkers of infection and … serum fibrinogen. Reductions in other disease markers point to health benefits, but the estimated effects are not robustly …
Persistent link: https://www.econbiz.de/10011751382
There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We … productivity) is low. Secondly, our estimates of the effects of training on wages are about half the size of the effects on …
Persistent link: https://www.econbiz.de/10011537524
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/10010230961
Persistent link: https://www.econbiz.de/10002397307
Persistent link: https://www.econbiz.de/10001689992