Showing 1 - 10 of 484
" – although they generate price inertia, they cannot account for thestylised fact of inflation persistence. It is thus commonly … asserted that, in the context of thenew Phillips curve (NPC), inflation is a jump variable... …
Persistent link: https://www.econbiz.de/10005863257
Standard search models are unreliable for structural inference of the underlying sources ofwage inequality because they are inconsistent with observed residual wage dispersion. Weaddress this issue by modeling skill development and duration dependence in unemploymentbenefits in a random on the...
Persistent link: https://www.econbiz.de/10009486869
Empirical investigations with enterprise level data from official statistics often use the averagewage as a proxy variable for the qualification of the workforce, mostly due to the lack ofdetailed information on the qualification of the employees. This paper uses unique newlyavailable data for...
Persistent link: https://www.econbiz.de/10009486880
I report the measurement error in self-reported earnings for a developing country.Administrative data from the Federated States of Micronesia`s (FSM) Social Security officeare matched to the FSM Census data for the wage sector employed. I find that the error inannual self-reported earnings is...
Persistent link: https://www.econbiz.de/10005860489
This paper studies the impact of outsourcing on individual wages in three European countrieswith markedly different labour market institutions: Germany, the UK and Denmark...
Persistent link: https://www.econbiz.de/10005861172
This paper provides unheard direct evidence that comparisons exert a significant effect onsubjective well-being. It also evaluates the relative importance of different types ofbenchmarks...
Persistent link: https://www.econbiz.de/10005861346
In Romania, the communist regime promoted an official policy of gender equality for morethan 40 years, providing equal access to education and employment, and restricting paydifferentiation based on gender. After its fall in December 1989, the promotion of equalopportunities and treatment for...
Persistent link: https://www.econbiz.de/10005861423
We estimate the wage penalty associated with working in the South African informal sector.To this end we use a rich data set on non-self employed males that allows one to accuratelydistinguish workers employed in the informal sector from those employed in the formal sectorand link individuals...
Persistent link: https://www.econbiz.de/10005861425
Studies of public-private and foreign-domestic wage differentials face difficultiesdistinguishing ownership effects from correlated characteristics of workers and firms. Thispaper estimates these ownership differentials using linked employer-employee data (LEED)from Hungary containing 1.35mln...
Persistent link: https://www.econbiz.de/10005861527
A large empirical literature documents a rise in wage inequality in the American economy. Itis silent on whether the increase in inequality is due to greater heterogeneity in thecomponents of earnings that are predictable by agents or whether it is due to greateruncertainty faced by agents...
Persistent link: https://www.econbiz.de/10005861533