Showing 1 - 10 of 14
This paper analyzes economic behavior and the effects of training and income support policies in the low wage labor market for women. The opportunity set takes account of nonlinearities and discontinuities associated with career interruption, part-time work, and government programs. There are...
Persistent link: https://www.econbiz.de/10012477032
status.Our empirical analysis suggests the following conclusions.1)Wages for work while not retired and for work while … to distinguish between wages paid to the partially retired and to the not retired causes a sizable exaggeration of the …
Persistent link: https://www.econbiz.de/10012478104
's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10012467345
rate, and appears to be untrended in both countries. Union wages are sticky. c) The size of the wage gap varies across …
Persistent link: https://www.econbiz.de/10012472714
Following Phillip's original work on the UK, applied research on unemployment and wages has been dominated by the … Curve, no autoregression is found in wages. The paper casts doubt on standard ideas in macroeconomics, regional economics …
Persistent link: https://www.econbiz.de/10012474149
This paper compares changes in the structure of wages in France, Great Britain, Japan. and the United States over the …
Persistent link: https://www.econbiz.de/10012474663
in wages are explained by movements in lagged levels of profitability and unemployment. The results appear to be …
Persistent link: https://www.econbiz.de/10012474741
The paper provides evidence for the existence of a negatively sloped locus linking the level of pay to the rate of regional (or industry) unemployment. This "wage curve" is estimated using microeconomic data for Britain, the US, Canada, Korea, Austria, Italy, Holland, Switzerland, Norway, and...
Persistent link: https://www.econbiz.de/10012474767
This paper, which follows in an LSE tradition begun by Phillips and Sargan, examines the role of unemployment in shaping pay. In contrast to most of the literature, it 1) uses microeconometric data on individuals and workplaces 2) examines a variety of data sets as a check on the robustness of...
Persistent link: https://www.econbiz.de/10012475860
for a job). Rather, assessments of the employment gap should reflect the incidence of underemployment (that is, people ….S. employment gap. Next, using state-level data, we find strong statistical evidence that each of these forms of labor market slack … exerts significant downward pressure on nominal wages. Finally, we consider the monetary policy implications of the …
Persistent link: https://www.econbiz.de/10012457572