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evaluates the framework of wage bargaining. Wages are set at the sectoral level and extended nationally. However, they donot … adjustment through lower profits and employment. Wage developments explain about 45 percent of the manufacturing unit labor cost … moving from sectoral- to firm-level wage setting of at least 3.5 percentage points lower unemployment (or higher employment …
Persistent link: https://www.econbiz.de/10012922624
Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We give an answer to … this question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 … would, on average, lift female employment by 1 percent, while increasing male employment by 0.6 percent. Consequently such a …
Persistent link: https://www.econbiz.de/10012892913
In many countries, notably across Europe, collective bargaining coverage is enhanced by government-issued extensions …. This paper analyses the causal impact of such extensions on employment using a natural experiment in Portugal: the … on employment growth. Moreover, the effects tend to be concentrated among non-affiliated firms. The lack of …
Persistent link: https://www.econbiz.de/10012977820
improve employment and income equality outcomes with no substantial impact on the overall risk of poverty. Nevertheless, the …-time employment …
Persistent link: https://www.econbiz.de/10012839681
This paper uses a DSGE model to simulate the impact of technological change on labor markets and income distribution. It finds that technological advances offers prospects for stronger productivity and growth, but brings risks of increased income polarization. This calls for inclusive policies...
Persistent link: https://www.econbiz.de/10012909412
COVID-19 has exacerbated concerns about the rise of the robots and other automation technologies. This paper analyzes empirically the impact of past major pandemics on robot adoption and inequality. First, we find that pandemic events accelerate robot adoption, especially when the health impact...
Persistent link: https://www.econbiz.de/10013243046
In this paper, we undertake empirical analysis to understand U.S. wage behavior since thebeginning of the new millennium. At the macroeconomic level, we find that aproductivity-augmented Phillips curve model explains the data fairly well. The modelreveals that the upward pressure on wage growth...
Persistent link: https://www.econbiz.de/10012913885
The COVID-19 shock has underscored the importance of digital tools for enhancing the effectiveness and efficiency of social protection systems. Cross-country evidence suggests that digital IDs linked with bank and/or mobile money accounts can improve the delivery of social protection programs...
Persistent link: https://www.econbiz.de/10014237652
Firms play an important role in shaping income inequality at the aggregated country level, given that wages represent a significant proportion of household income. We investigate the distributional consequences of capital account liberalization, relying on firm level data to explore the...
Persistent link: https://www.econbiz.de/10014254183
This study examines the socio-economic impact of special economic zones (SEZs) in Cambodia---a prominent place-based policy established in 2005. The paper employs a database on existing and future SEZs in Cambodia with matched household surveys at the district level and documents stylized facts...
Persistent link: https://www.econbiz.de/10014091224