controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … between 3.5% and 4.5% of wages at 20 years of tenure — over 80% (50%) of the estimated RTT level itself. The results extend to …

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being … force behind both recent reductions in U.S. manufacturing employment and - through input-output linkages and other general …

effects on either wages or employment probabilities in manufacturing. In the service industries, workers are affected in terms …We investigate the impact of offshoring on individual level wages and unemployment probabilities and pay particular … significant reduction in wages as materials offshoring increases, while permanent workers' wages are unaffected or even tend to …

Coordination of macro-economic development and employment is an essential issue for China's social development, which … review and empirical test, this paper analyses the relationship between macro-economic policy and employment, and discusses … the impact of real exchange rate and foreign trade on employment. The research indicates that a stable and competitive …

-level data and compare the behavior of employment, production and investment after two big real exchange rate shocks: the first … exporting firms exhibited higher growth rates of employment, sales, and investment vis-á-vis non-exporters. We confirm our …

Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise … until 2008. Using representative panel data, we show that this trend corresponds to a task bias in employment changes …: routine jobs have lost relative employment, especially in predominantly manual occupations. We further provide the first …

study the labour market effects of public sector employment and wages. Public sector wages plays an important role in … achieving the efficient allocation. High wages induce too many unemployed to queue for public sector jobs, while if they are low … friction parameters. In response to technology shocks, it is optimal to have procyclical public sector wages. Deviations from …