Showing 1 - 10 of 88
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone offers an unprecedented experiment for this exercise: since 1999, no national monetary policies have been implemented that could account for volatility differences across...
Persistent link: https://www.econbiz.de/10013143682
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
. Aside from women's voluntary wage cuts in pursuit of family-friendly job amenities, we claim that adverse labor market …
Persistent link: https://www.econbiz.de/10014355489
consistent with a backloaded wage contract channel, in which employees of financially constrained firms initially accept …
Persistent link: https://www.econbiz.de/10012842047
Till the early-1990s the collectively-bargained labor contract (between the trade-union that presented the employees, and the employer or the employers'-association) was the norm, granting salaried workers a stable and protected labor contract. Thereafter, and more significantly after 1995, the...
Persistent link: https://www.econbiz.de/10013030864
Using data from the Current Population Survey (CPS), we show that the COVID-19 pandemic led to a loss of aggregate real labor earnings of more than $250 billion between March and July 2020. By exploiting the panel structure of the CPS, we show that the decline in aggregate earnings was entirely...
Persistent link: https://www.econbiz.de/10012824413
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
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
A minimum wage increase could lead to adverse employment effects for certain sub-groups of minimum wage workers, while … wage workers. In this paper, we test for heterogeneous effects of a minimum wage increase on the hours worked of minimum … wage employees in Ireland. For all minimum wage workers, we find that a ten percent increase in the minimum wage leads to a …
Persistent link: https://www.econbiz.de/10014356044
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