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economic conditions at the time of hiring on future wages. Measured by the labor's user cost, the price of labor is …
Persistent link: https://www.econbiz.de/10014533978
Typical measures of wages, such as average hourly earnings, fail to capture cyclicality in the effective cost of labor … in the presence of (i) cyclical fluctuations in the quality of worker-firm matches, or (ii) wages being smoothed within … employment matches. To address both concerns, we estimate cyclicality in labor's user cost exploiting the long-run wage in a …
Persistent link: https://www.econbiz.de/10014296768
Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool of macroeconomic analysis, recent literature pointed to some significant failures in accounting for the data. This paper aims to answer two questions: (i) Does the model fit the...
Persistent link: https://www.econbiz.de/10010267305
Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool of macroeconomic analysis, recent literature pointed to some significant failures in accounting for the data. This paper aims to answer two questions: (i) Does the model fit the...
Persistent link: https://www.econbiz.de/10005763819
Who fares worse in an economic downturn, low- or high-paying firms? Different answers to this question imply very different consequences for the costs of recessions. Using U.S. employer-employee data, we find that employment growth at low-paying firms is less cyclically sensitive. High-paying...
Persistent link: https://www.econbiz.de/10010468174
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/10011816586
Who fares worse in an economic downturn, low- or high-paying firms? Different answers to this question imply very different consequences for the costs of recessions. Using U.S. employer-employee data, we find that employment growth at low-paying firms is less cyclically sensitive. High-paying...
Persistent link: https://www.econbiz.de/10011085101
benefits) have so far been neglected by economic research. A remarkable exception is an empirical study by Oyer (2008). In our … analyze the occurrence of benefits and their effects on employees' satisfaction. Our results provide evidence for economic as … reasons to provide benefits. Furthermore, analyzing the impact of tangible and monetary incentives on satisfaction and …
Persistent link: https://www.econbiz.de/10010282164
welfare benefits during the working age period. This paper examines the degree of participation in social assistance …, disability and unemployment benefits across ethnic groups using register data of the entire population in the Netherlands. The … benefits. A large part of migrants' dependence can be explained by their background characteristics and immigration history but …
Persistent link: https://www.econbiz.de/10010282208
benefits) have so far been neglected by economic research. A remarkable exception is an empirical study by Oyer (2008). In our … analyze the occurrence of benefits and their effects on employees' satisfaction. Our results provide evidence for economic as … reasons to provide benefits. Furthermore, analyzing the impact of tangible and monetary incentives on satisfaction and …
Persistent link: https://www.econbiz.de/10009646296