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of wage cyclicality. We present evidence that elements of perceived “fairness” or “reference points” in reservation wages …Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search and matching model. This paper provides …
Persistent link: https://www.econbiz.de/10011126411
This paper investigates the effect of minimum wages on employment using a panel of US state-based data. We estimate a … significant effects of minimum wages on youth employment. Unlike many other studies we find also significant effects on aggregate …
Persistent link: https://www.econbiz.de/10010746492
Tax credits have been a popular way to alleviate in-work poverty. The assumption is typically that the incidence is on the claimant workers. However, economic theory suggests no particular reason to believe that this should be the case. This paper investigates the incidence of the Working...
Persistent link: https://www.econbiz.de/10010745932
labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …
Persistent link: https://www.econbiz.de/10010746486
This paper explores the links between school, family and area background influences during adolescence and later adult economic outcomes. The empirical analysis is based on data covering the period 1979 to 1996, drawn from the 1979 US National Longitudinal Survey of Youth. For a sample of...
Persistent link: https://www.econbiz.de/10011126337
expected to have only small allocational consequences and that measures of base wages are more useful in drawing conclusions …
Persistent link: https://www.econbiz.de/10011126684
Using data from the British Household Panel Survey (BHPS) we show performance pay (PP) increased earnings dispersion among men and women, and to a lesser extent among full-time working women, in the decade of economic growth which ended with the recession of 2008. PP was also associated with...
Persistent link: https://www.econbiz.de/10011266094
This paper assesses the potential of `workplace training'' with reference to German Apprenticeship. When occupational matching is important, we derive conditions under which firms provide `optimal'' training packages. Since the German system broadly meets these conditions, we evaluate the...
Persistent link: https://www.econbiz.de/10010744921
Common wisdom states that teenage childbearing reduces schooling, labour market experience and adult wages. However …
Persistent link: https://www.econbiz.de/10010745202
While most studies of the decision to immigrate focus on the absolute income differences between countries, we argue that relative change in purchasing power or status, as captured by an individual’s ranking in the wage distribution, may also be important. This will in turn be influenced by...
Persistent link: https://www.econbiz.de/10010745393