Showing 1 - 9 of 9
This paper summarizes statistics on the key aspects of the distribution of earnings levels and earnings changes using administrative (social security) data from Italy between 1985 and 2016. During the time covered by our data, earnings inequality and earnings volatility increased, while earnings...
Persistent link: https://www.econbiz.de/10012613375
Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and cohort effects for the likelihood of employment...
Persistent link: https://www.econbiz.de/10013170024
Lagging labor reallocations outside agriculture amid sustained low agricultural productivity have been a key feature in the Philippines over the past 15 years. An analysis of the labor adjustments in and out of agriculture shows that a variety of factors have influenced this process. We find...
Persistent link: https://www.econbiz.de/10012796816
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
Persistent link: https://www.econbiz.de/10013170558
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of Sahin and others (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third...
Persistent link: https://www.econbiz.de/10013170581
Labor market indicators are critical for policymakers, but measurement error in labor force survey data is known to be substantial. In this paper, I quantify the implications of classification errors in the U.S. Current Population Survey (CPS), in which respondents misreport their true labor...
Persistent link: https://www.econbiz.de/10012009388
Since the global financial crisis, US wage growth has been sluggish. Drawing on individual earnings data from the 2000-15 Current Population Survey, I find that the drawn-out cyclical labor market repair-likely owing to low entry wages of new workers-slowed down real wage growth. There are,...
Persistent link: https://www.econbiz.de/10011711569
Government wage, benefit, and employment decisions are not taken on a profit-maximizing basis and have a substantial impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor, an increase in government wages or benefits reduces...
Persistent link: https://www.econbiz.de/10014403794
Using a search and matching labor market equilibrium model, this paper quantifies lost labor productivity and consumption per worker that emerges from the restrictions on dismissals. Dismissal restrictions hamper the efficient reallocation of workers, with workers remaining longer in jobs. But...
Persistent link: https://www.econbiz.de/10014403952