Showing 1 - 10 of 126
Over the past two decades, technological progress has been biased towards making skilled labor more productive. What does skill-biased technological change imply for business cycles? To answer this question, we construct a quarterly series for the skill premium from the CPS and use it to...
Persistent link: https://www.econbiz.de/10013158513
This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … simulate the magnitude of wage changes within the respective skill groups that would have been necessary to halve skill …
Persistent link: https://www.econbiz.de/10012773848
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career loss from graduating in recessions. Using Norwegian data, we find a strong countercyclical...
Persistent link: https://www.econbiz.de/10013099746
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
The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a … positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked … women tend to be over-represented in this sector, we expect unskilled women to suffer a relatively large wage and …
Persistent link: https://www.econbiz.de/10013120831
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
-skilled workers during the 2000s. Changes in the minimum wage, and more importantly, commodity-led terms of trade improvements are key …
Persistent link: https://www.econbiz.de/10012957499
The empirical literature on employer learning assumes that employers learn about unobserved ability differences across workers as they spend time in the labor market. This article describes testable implications that arise from this basic hypothesis and how they have been used to quantify the...
Persistent link: https://www.econbiz.de/10014237689
We study the role of occupational tasks as drivers of West German wage inequality. We match administrative wage data … regression-based decompositions to quantify the contribution of changes in the returns to tasks to overall changes in the wage … distribution from 1978 to 2006. We find that changes in the returns to tasks explain up to half of the increase in wage inequality …
Persistent link: https://www.econbiz.de/10014242324
the effectiveness of three employment policies in this context: (i) a weakening of workers' position in wage negotiations …
Persistent link: https://www.econbiz.de/10013324988