In this paper, we analyse differences in the cyclical pattern of employment and wages of immigrants and natives for two …

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …

poor re-employment outcomes …

extensive-margin labor supply elasticity. A calibration of the model to macro data not only matches employment and participation …

Previous studies of labor market outcomes such as employment and wages have mostly been limited to investigating the … estimating the joint effects of formal schooling, literacy and numeracy skills, and adult literacy programs on employment and … wage outcomes. Wage and employment status equations are estimated jointly, allowing employment status to be endogenous …

This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …

establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …-sectional heterogeneity of establishments' average real wages over the business cycle. While the median establishments' real wages are … procyclical, there is a large fraction of establishments with countercyclical real wages. We are the first to show that …

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 …

headache on labor force participation, hours worked, and wages. We find that migraine headache is associated with a decrease in … wages. However, there is little evidence that migraine headache leads to reductions in labor force participation or hours … worked. We conclude that estimates of the cost of migraine headache to society should include its impact on wages …