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bargaining power of workers, leading to lower average wages. A key insight is that employers credibly refuse to pay high wages to … individual bargaining power, such as under a collective bargaining agreement or in markets with posted wages, greater … transparency has a muted impact on average wages. We test these predictions by evaluating the roll-out of U.S. state legislation …
Persistent link: https://www.econbiz.de/10012585387
-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages …
Persistent link: https://www.econbiz.de/10013210105
The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that … their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …
Persistent link: https://www.econbiz.de/10012814450
Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job …
Persistent link: https://www.econbiz.de/10012814473
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …
Persistent link: https://www.econbiz.de/10012477000
a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to … nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The …
Persistent link: https://www.econbiz.de/10012477025
Has economic progress increased the relative earnings of females to males over the long run? Evidence on trends in the earnings gap for the last four decades appears to run counter to this hypothesis. Numerous data sources are used in this paper to piece together a 170-year history of the...
Persistent link: https://www.econbiz.de/10012477187
reexamine the effects of trade unions both on relative wages and on relative man hours worked.Our estimates of the relative wage …
Persistent link: https://www.econbiz.de/10012477781
sensitivity of employment to the domestic price of imports varies significantly across these nine sectors, whereas industry wages … of unemployment and wages so generated and the actual, historical paths are attributed to the effects of import … in wages in two industries, among the nine studied …
Persistent link: https://www.econbiz.de/10012478064
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 … greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
Persistent link: https://www.econbiz.de/10012478304