Showing 1 - 10 of 81
Sectoral contracts in many European countries set wage floors for different occupation groups. In addition, employers … often pay a wage premium (or wage cushion) to individual workers. We use administrative data from Portugal, linked to … collective bargaining agreements, to study the interactions between wage floors and wage cushions and quantify the impact of …
Persistent link: https://www.econbiz.de/10014088812
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firms and from a macro perspective. Adjustment cost theories and arguments about option values of...
Persistent link: https://www.econbiz.de/10010267397
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firms and from a macro perspective. Adjustment cost theories and arguments about option values of...
Persistent link: https://www.econbiz.de/10005822952
rank in the firm wage hierarchy. More precisely, I focus on worker mobility between jobs, to compare movers and stayers in … terms of gains/losses in wage level versus gains/losses in rank position. The following questions are addressed: Upon … switching firm, what do workers gain/loose in terms of wage and in terms of rank position? Is there a trade-off between wage and …
Persistent link: https://www.econbiz.de/10010267319
Sectoral contracts in many European countries set wage floors for different occupation groups. In addition, employers … often pay a wage premium (or wage cushion) to individual workers. We use administrative data from Portugal, linked to … collective bargaining agreements, to study the interactions between wage floors and wage cushions and quantify the impact of …
Persistent link: https://www.econbiz.de/10012597429
rank in the firm wage hierarchy. More precisely, I focus on worker mobility between jobs, to compare movers and stayers in … terms of gains/losses in wage level versus gains/losses in rank position. The following questions are addressed: Upon … switching firm, what do workers gain/loose in terms of wage and in terms of rank position? Is there a trade-off between wage and …
Persistent link: https://www.econbiz.de/10005703295
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in France, unemployment rate has increased by 2 percentage...
Persistent link: https://www.econbiz.de/10013135650
Using longitudinal employer-employee data spanning over a 22-year period, we compare age-wage and age … ages, wages increase in line with productivity gains but as prime-age approaches, wage increases lag behind productivity …-level productivity exceeds their contribution to the wage bill. On the methodological side, we note that failure to account for the …
Persistent link: https://www.econbiz.de/10013139052
expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …
Persistent link: https://www.econbiz.de/10013016305
This paper studies the wage differentials between the public and private sectors in Spain, as well as its distribution … across different educational levels and by gender. To do so, the well-known Oaxaca-Blinder decomposition of mincerian wage … regressions is applied for both sectors, breaking down the (public-private) wage gap into a component explained by differences in …
Persistent link: https://www.econbiz.de/10014083859