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-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 … establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …
Persistent link: https://www.econbiz.de/10012946571
wages and a simultaneous increase in travel-to-work distance. Nonetheless, when unobserved characteristics are accounted for …
Persistent link: https://www.econbiz.de/10013121764
In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level …
Persistent link: https://www.econbiz.de/10012926732
wages and rising wage dispersion over time …
Persistent link: https://www.econbiz.de/10013076511
A common feature of public sector labor markets is the use of pay scales. This paper examines how the removal of pay scales impacts productivity, by exploiting a reform that compelled all schools in England to replace pay scales with school-designed performance related pay schemes. We find that...
Persistent link: https://www.econbiz.de/10012863357
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To uncover their relative importance in driving cyclical...
Persistent link: https://www.econbiz.de/10014244266
Economic conditions at the time of labour market entry can induce wage differentials between workers entering the labour market at different points in time. While the existence and persistence of these entry wage differentials are well documented, little is known about their interaction with...
Persistent link: https://www.econbiz.de/10013141755
. This could be the result of a bias caused by standard estimation error. Using German social security records we show that …
Persistent link: https://www.econbiz.de/10013104657
and job mobilities. Our estimation results deliver the following major findings. (1) The sample individuals are highly …
Persistent link: https://www.econbiz.de/10013088663
We construct a multi-country employer-employee data to examine the consequences of employment protection. We identify the effects by comparing worker exit rates between units of the same firm that operate in two countries that have different seniority rules. The results show that...
Persistent link: https://www.econbiz.de/10013001331