Showing 1 - 10 of 45
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
Before the recent rebound due to the US–China trade war, tariffs on international trade were being progressively reduced over the last decades and advanced countries increasingly relied on non-tariff measures (NTMs) to protect their industries from foreign competition. In this paper, we...
Persistent link: https://www.econbiz.de/10013243093
this happens mostly in large firms. There are also sizeable long-run wage effects of the reform, well beyond the legal …
Persistent link: https://www.econbiz.de/10012956014
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
Capital deepening may affect the evolution of the wage differential between skilled and unskilled workers differently … in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled …. Instead in the US, where wage-compressing institutions are weaker, firms invest more in high-skilled workers. We provide …
Persistent link: https://www.econbiz.de/10012780357
Theory predicts that the wage effects of government-mandated severance payments depend on workers' and firms' relative … EPL, while low-bargaining power workers (movers, blue collar and young workers) suffer a drop both in the wage level and …
Persistent link: https://www.econbiz.de/10013135629
and on the tenure-wage profile in a quasi-experimental setting. We consider a reform that introduced unjust- dismissal …
Persistent link: https://www.econbiz.de/10013317171
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