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Wage Flexibility and Employment Fluctuations : Evidence from the Housing Sector
Pischke, Jörn-Steffen - 2016
Many economists suspect that downward nominal wage rigidities in ongoing labor contracts are an important source of … compares three occupations in the housing sector with very different wage setting institutions, real estate agents, architects …, and construction workers. I study the wage and employment responses of these occupations to the housing cycle, a proxy for …
Persistent link: https://www.econbiz.de/10012985695
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Fewer Jobs or Smaller Paychecks? Aggregate Crisis Impacts in Selected Middle-Income Countries
Khanna, Gaurav - 2011
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10013120422
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Does Short-Time Work Save Jobs? A Business Cycle Analysis
Balleer, Almut - 2013
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10013079433
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The Great Canadian Recovery : The Impact of COVID-19 on Canada's Labour Market
Jones, Stephen Robert Glenville; Lange, Fabian; … - 2022
The Canadian labour market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labour force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by...
Persistent link: https://www.econbiz.de/10014081272
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Employment Subsidies and Substitutable Skills : An Equilibrium Matching Approach
Van der Linden, Bruno; Cardullo, Gabriele - 2006
The search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies are targeted on some groups, the usual juxtaposition of labor markets is however a shortcoming. There is a need for a setting where workers' productivity depends on employment...
Persistent link: https://www.econbiz.de/10014059002
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Analysis of Labor Tax Progression Under Heterogeneous Domestic Labor Markets and Flexible Outsourcing
Koskela, Erkki - 2010
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low … raising the wage tax and the tax exemption for the low-skilled workers will decrease the wage rate and increase labor demand … when the elasticity of substitution between consumption and leisure is higher (lower) than one. A higher degree of wage tax …
Persistent link: https://www.econbiz.de/10013136061
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Impacts of Labor Taxation with Perfectly and Imperfectly Competitive Domestic Labor Markets Under Flexible Outsourcing
Koskela, Erkki - 2009
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low … raising the wage tax and the tax exemption for the low-skilled workers will decrease the wage rate and increase labour demand … when the elasticity of substitution between consumption and leisure is higher (lower) than one. A higher degree of wage tax …
Persistent link: https://www.econbiz.de/10013154961
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Estimating the Effect of an Increase in the Minimum Wage on Hours Worked and Employment in Ireland
McGuinness, Seamus - 2018
On the 1st of January 2016 the Irish National Minimum Wage increased from €8.65 to €9.15 per hour, an increase of … approximately six percent. We use a difference-in-differences estimator to evaluate whether the change in the minimum wage affected … the hours worked and likelihood of job loss of minimum wage workers. The results indicate that the increase in the minimum …
Persistent link: https://www.econbiz.de/10012915314
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On the Persistence of the China Shock
Autor, David H.; Dorn, David; Hanson, Gordon H. - 2022
We evaluate the duration of the China trade shock and its impact on a wide range of outcomes over the period 2000 to 2019. The shock plateaued in 2010, enabling analysis of its effects for nearly a decade past its culmination. Adverse impacts of import competition on manufacturing employment,...
Persistent link: https://www.econbiz.de/10014084041
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The Price and Employment Response of Firms to the Introduction of Minimum Wages
Link, Sebastian - 2022
This paper studies the price and employment response of firms to the introduction of a nation-wide minimum wage in …
Persistent link: https://www.econbiz.de/10014242325