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Fairness, Reciprocity, and Wage Rigidity
Bewley, Truman - 2004
This paper contains a review of empirical work related to wage rigidity, where researchers have collected their own data. The work includes field studies, economic experiments, and psychological surveys. Economists have done the field studies and experiments, and management scientists and...
Persistent link: https://www.econbiz.de/10010326712
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Reasons for wage rigidity in Germany
Franz, Wolfgang; Pfeiffer, Friedhelm - 2006
This study investigates institutional and economic reasons for downward wage rigidity regarding three occupational skill groups. Based on a survey of 801 firms in Germany and an econometric analysis, we find strong support for explanations based on the effects of labour union contracts and...
Persistent link: https://www.econbiz.de/10010267511
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On reputation: a microfoundation of contract enforcement and price rigidity
Fehr, Ernst; Brown, Martin; Zehnder, Christian - 2008
We study the impact of reputational incentives in markets characterized by moral hazard problems. Social preferences have been shown to enhance contract enforcement in these markets, while at the same time generating considerable wage and price rigidity. Reputation powerfully amplifies the...
Persistent link: https://www.econbiz.de/10010268857
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Preferences for collective versus individualised wage setting
Boeri, Tito; Burda, Michael C. - 2008
Standard models of equilibrium unemployment assume exogenous labour market institutions and flexible wage determination. This paper models wage rigidity and collective bargaining endogenously, when workers differ by observable skill and may adopt either individualized or collective wage...
Persistent link: https://www.econbiz.de/10010268890
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Wage rigidity and job creation
Haefke, Christian; Sonntag, Marcus; van Rens, Thijs - 2008
Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume wages are rigid. We explore whether this explanation is consistent with the data. We show that the wage of newly hired workers, unlike the aggregate wage, is volatile and...
Persistent link: https://www.econbiz.de/10010270804
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The Labor Market Effects of Payroll Taxes in a Middle-Income Country: Evidence from Colombia
Kugler, Adriana D.; Kugler, Maurice - 2003
We use a panel of manufacturing plants from Colombia to analyze how the rise in payroll tax rates over the 1980?s and 1990?s affected the labor market. Our estimates indicate that formal wages fall by between 1.4% and 2.3% as a result of a 10% rise in payroll taxes. This...
Persistent link: https://www.econbiz.de/10010274495
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Immigrants' Language Skills: The Australian Experience in a Longitudinal Survey
Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2002
Australia, is used to test the model. This survey had three waves, at about 6 months, 18 months and 3? years after immigration …
Persistent link: https://www.econbiz.de/10010262738
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Immigrants' Language Skills and Visa Category
Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2002
for Australia. It focuses on both visa category and variables derived from an economic model of the determinants of …
Persistent link: https://www.econbiz.de/10010262780
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The Determinants of the Geographic Concentration among Immigrants: Application to Australia
Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2002
concentrated. Testing the model for Australia shows that the extent of geographic concentration of immigrant groups is negatively … related to age at migration, duration of residence in Australia and the proportion of the birthplace group that is fluent in … the country of origin and the place of residence in Australia. …
Persistent link: https://www.econbiz.de/10010262788
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Longitudinal Analysis of Immigrant Occupational Mobility: A Test of the Immigrant Assimilation Hypothesis
Chiswick, Barry R.; Lee, Yew Liang; Miller, Paul W. - 2002
tests the hypotheses using data on adult males from the Longitudinal Survey of Immigrants to Australia. The theoretical … includes data on pre-immigration occupation, the ?first? occupation in Australia (at 6 months) and the occupation after about 3 ….5 years in Australia. The hypotheses are supported by the empirical analysis. …
Persistent link: https://www.econbiz.de/10010262795