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employment rates, a poorer performance in terms of wage growth for less skilled workers, a larger increase in the service sector … comparative study of observed developments in the US, UK and Germany since the mid-seventies, complemented by an examination of … broad wage and employment changes for 18 OECD countries over the same period …
Persistent link: https://www.econbiz.de/10012470577
Persistent link: https://www.econbiz.de/10011486787
States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains … did not change substantially in Germany, increased and remained at relatively high levels in the United States, and …
Persistent link: https://www.econbiz.de/10012457972
functions as well as a method of simulated moments estimation of a panel data model of earnings dynamics. Five of the algorithms …
Persistent link: https://www.econbiz.de/10012480284
greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …This paper argues that rigid wages cannot provide the underpinnings of a universally valid theory of the business cycle …, simply because wages are not universally rigid. Several different statistical techniques suggest that wage rates in the U …
Persistent link: https://www.econbiz.de/10012478304
Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been lackluster, like Japan, have done surprisingly well in terms of...
Persistent link: https://www.econbiz.de/10014437045
evolution over time of the employment rates of women and of the young, and of hours worked in OECD countries. Beyond controlling … do all this we find that culture still matters for women employment rates and for hours worked. However, policies and … appear to be important in explaining the employment rate of the young. In the case of women employment rates, the policy …
Persistent link: https://www.econbiz.de/10012463232
-reported administrative data, we document substantial discrepancies in basic measures of employment status that persist even after controlling …
Persistent link: https://www.econbiz.de/10012463842
global century. It then assesses the effects of immigration on wages and employment with and without international capital …
Persistent link: https://www.econbiz.de/10012466251
explains the contrast between the United States, where real wages fell over the 1980s and aggregate employment expanded … vigorously, and Europe, where real wages were (roughly) constant and employment was stagnant. We test this hypothesis by … comparing changes in wages and employment rates over the 1980s for different age and education groups in the United States …
Persistent link: https://www.econbiz.de/10012473372