Showing 1 - 10 of 10
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
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
We investigate the effects of two reforms of temporary employment using panel data on Italian firms. We exploit variation in their implementation across regions and sectors for identification. Our results show that the reform of apprenticeship contracts increased job turnover and induced the...
Persistent link: https://www.econbiz.de/10013106655
In a perfect labor market severance payments can have no real effects as they can beundone by a properly designed labor contract (Lazear 1990). We give empirical content tothis proposition by estimating the effects of EPL on entry wages and on the tenure-wageprofile in a quasi-experimental...
Persistent link: https://www.econbiz.de/10005863224
This paper develops a tractable empirical approach to estimate the effect of on-the-job tenure on the permanent and the transitory variance of earnings. The model is also used to evaluate earnings instability associated with fixed-term contracts (short-tenure contracts) in Italy. Our results...
Persistent link: https://www.econbiz.de/10012777928
We study the distributional effect of a wage indexation mechanism - the Scala Mobile (SM) - that heavily compressed the … distribution of Italian wages during the 1970s and 1980s. The SM imposed large real wage increases at the bottom of the … distribution and was essentially irrelevant for high-wage workers. We document that this mechanism triggered a strong …
Persistent link: https://www.econbiz.de/10013016249
This paper examines the relationship between product demand and the pattern of rising skill premia and rising employment of skilled workers in the US and the UK since the 1980s. If more skilled workers demand more skill-intensive goods, then an increase in relative skill supply will also induce...
Persistent link: https://www.econbiz.de/10013141699