Similar Search Results

What can wages and employment tell us about the UK's productivity puzzle?

Blundell, Richard W.; Crawford, Claire; Jin, Wenchao - 2013

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

On-the-job search and precautionary savings : theory and empirics of earnings and wealth inequality

Lise, Jeremy - 2011

I develop and estimate a model of the labor market in which precautionary savings interacts with labour market frictions to produce substantial inequality in wealth among ex ante identical workers. I show that a model of on-the-job search,in which workers are risk averse and markets are...

Persistent link: https://www.econbiz.de/10009238250

Two decades of income inequality in Britain : the role of wages, household earnings and redistribution

Belfield, Chris; Blundell, Richard W.; Cribb, Jonathan; … - 2017

We study earnings and income inequality in Britain over the past two decades, including the period of relatively "inclusive" growth from 1997-2004 and the Great Recession. We focus on the middle 90%, where trends have contrasted strongly with the "new inequality" at the very top. Household...

Persistent link: https://www.econbiz.de/10011583577

Who gains when workers train? : training and corporate productivity in a panel of British industries

Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2000

Force Survey. This is combined with complementary industry-level data sources on value added, wages, labour and capital. We …There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of … 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

The impact of age within academic year on adult outcomes

Crawford, Claire; Dearden, Lorraine; Greaves, Ellen - 2013

Children born at the end of the academic year have lower educational attainment, on average, than those born at the start of the academic year. Previous research has shown that the difference is most pronounced early in pupils' school lives, but remains evident and statistically significant in...

Persistent link: https://www.econbiz.de/10009740303

Product market reforms, labour market institutions and unemployment

Griffith, Rachel (contributor); Harrison, Rupert (contributor) - 2006

Persistent link: https://www.econbiz.de/10003313355

The economic consequences of being left-handed : some sinister results

Denny, Kevin (contributor); O'Sullivan, Vincent (contributor) - 2006

Persistent link: https://www.econbiz.de/10003313360

Earnings, consumption and lifecycle choices

Meghir, Costas; Pistaferri, Luigi - 2010

We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption …

Persistent link: https://www.econbiz.de/10003953272

An empirical investigation of labor income processes

Guvenen, Fatih (contributor) - 2007

Persistent link: https://www.econbiz.de/10003546971

Earnings and consumption dynamics : a nonlinear panel data framework

Arellano, Manuel; Blundell, Richard W.; Bonhomme, Stéphane - 2015

We develop a new quantile-based panel data framework to study the nature of income persistence and the transmission of income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory innovation. The persistence of past shocks to earnings is...

Persistent link: https://www.econbiz.de/10011345793