Showing 1 - 10 of 42
The recent fall of labor's share of GDP in numerous countries is well-documented, but its causes are poorly understood. We sketch a "superstar firm" model where industries are increasingly characterized by "winner take most" competition, leading a small number of highly profitable (and low labor...
Persistent link: https://www.econbiz.de/10012963787
The fall of labor's share of GDP in the United States and many other countries in recent decades is well documented but its causes remain uncertain. Existing empirical assessments of trends in labor's share typically have relied on industry or macro data, obscuring heterogeneity among firms. In...
Persistent link: https://www.econbiz.de/10012956029
This paper uses HESA data from the Destination of Leavers from Higher Education survey 2003/04 to examine whether more mobile students in terms of choice of institution and location of employment earn more than those who are less mobile. The clear finding is that mobility is associated with...
Persistent link: https://www.econbiz.de/10013050616
This paper examines the parallel trends in education and labour market developments in Australia and Britain. It uses … at least for Australia, but the wage penalty associated with overskilling increases with education. Although the general … patterns of overskilling (prevalence and penalties) are fairly similar between Australia and Britain, the problem appears to be …
Persistent link: https://www.econbiz.de/10013316738
that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first …
Persistent link: https://www.econbiz.de/10013141780
The interpretation of graduate mismatch manifested either as overeducation or as overskilling remains problematical. This paper uses annual panel information on both educational and skills mismatches uniquely found in the HILDA survey to analyse the relationship of both mismatches with pay, job...
Persistent link: https://www.econbiz.de/10013139717
High- and low-wage occupations are expanding rapidly relative to middle-wage occupations in both the U.S. and the E.U. We study the reallocation of workers from middle-skill occupations towards the tails of the occupational skill distribution by analyzing changes in age structure within and...
Persistent link: https://www.econbiz.de/10012765086
The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...
Persistent link: https://www.econbiz.de/10014083996
We provide a new method of identifying the level of relative bargaining power in bilateral negotiations using exogenous variation in the degree of conflict between parties. Using daily births data, we study negotiations over birth timing. In doing so, we exploit the fact that fewer children are...
Persistent link: https://www.econbiz.de/10013117621
data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey (2001-2008). While we do not find any …
Persistent link: https://www.econbiz.de/10013117834