Showing 1 - 10 of 19
We analyse labor market dynamics with an agent based model, which replicates a set of stylized facts in the labor market as well as aggregate regularities. We are able to reproduce the Beveridge curve, job creation and destruction flows, a persistent unemployment level, and wages stickiness. On...
Persistent link: https://www.econbiz.de/10001690372
This article explores the impact of innovation, offshoring and demand on profits and wage dynamics. The growing relevance of functional distribution in terms of explaining personal distribution underscores the importance of our results for understanding recent increases in inequality. The...
Persistent link: https://www.econbiz.de/10011420638
Within-firm wage dispersion represents a relevant dimension of the overall wage inequality. A large stream of literature has analysed the wage-technology link without explicitly taking into account within-firm wage dispersion. In this work we aim to empirically investigate how technology affects...
Persistent link: https://www.econbiz.de/10011420639
Since the early seventies, hundreds of authors have calculated gender wage differentials between women and men of equal productivity. Consequently, estimates for the gender wage gap have been published for the most diverse countries at different points in time. This metastudy provides a...
Persistent link: https://www.econbiz.de/10009749611
We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased...
Persistent link: https://www.econbiz.de/10003746256
The purpose of this paper is to investigate the mechanisms underlying the relationship between automation and labor market polarization. To do so, we build an agent-based model (ABM) in which workers, heterogeneous in nature and level of skills, interact endogenously on a decentralized labor...
Persistent link: https://www.econbiz.de/10012625746
We evaluate whether revealing wage information in job vacancies is able to change the gender wage gap. In 2011, the Austrian Equal Treatment Law mandated every vacancy to include a minimum wage offer. This mandatory wage information makes the employer's willingness to pay and the value of...
Persistent link: https://www.econbiz.de/10013187428
Two very different approaches are used to explore the relation between market orientation and gender wage differentials in international data. More market orientation might be related to gender wage gaps via its effects on competition in product and labor markets and the general absence of...
Persistent link: https://www.econbiz.de/10009741054
We explore the impact of mentoring of females and gender segregation on wages using a large longitudinal data set for Portugal. Female managers can protect and mentor female employees by paying them higher wages than male-led firms would do. We find that females can enjoy higher wages in...
Persistent link: https://www.econbiz.de/10009741062
In Austria, a gender pay transparency law was introduced in 2011, requiring companies with more than 1,000 employees to publish a pay report every other year. Firms with 500, 250, and 150 employees were subject to this requirement at later years. We estimate the impact of the law on men's wages,...
Persistent link: https://www.econbiz.de/10012486675