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younger and older workers increases more in slower-growing, older, and larger firms and in firms with higher mean wages, where …
Persistent link: https://www.econbiz.de/10014528380
anticipate considerably lower earnings in subsequent years, even under the assumption of continuous employment after leaving …
Persistent link: https://www.econbiz.de/10012475585
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany … downturns. A large part of the long-term earnings losses and their cyclicality is driven by declines in wages. Key to these long …-paying firms. Changes in characteristics of workers or displacing firms explain little of the cyclicality, though non-employment …
Persistent link: https://www.econbiz.de/10013334381
comparisons and caused employers to bargain more aggressively, lowering average wages. Other pay transparency policies, without …
Persistent link: https://www.econbiz.de/10014247982
Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...
Persistent link: https://www.econbiz.de/10014447307
This paper studies the interaction between the decrease in the gender pay gap and the stagnation in the careers of younger workers, analyzing data from the United States, Italy, Canada, and the United Kingdom. We propose a model of the labor market in which a larger supply of older workers can...
Persistent link: https://www.econbiz.de/10014576641
This paper examines gender differences in labor market outcomes for hard-to-employ youth in the US and West Germany … absolute terms, correcting for purchasing power. The relatively high employment rates of less educated German youth combined … with their relatively high wages raise the question of how they are successfully absorbed into the labor market. We present …
Persistent link: https://www.econbiz.de/10012472736
construct a general equilibrium model where workers' reservation wages and the maximum punishment acceptable before workers quit … an adverse signal, and establishing conditions under which equilibrium entails lowering wages (performance contracting …-strategy equilibrium. The economy is, in general, not efficient either in the selection of the form of equilibrium or the wages paid within …
Persistent link: https://www.econbiz.de/10014635663
We study the short-term trajectories of employment, hours worked, and real wages of immigrants in Canada and the U … growth in employment and wages in the U.S. than in Canada. We further compare longitudinal and cross-sectional trajectories …
Persistent link: https://www.econbiz.de/10012457078
in employment and earnings. Adult men had no gains, and their earnings barely changed even in areas with unemployment … rates below 4 percent. Youths have higher earnings and employment in low crime states and poorer labor market outcomes in …
Persistent link: https://www.econbiz.de/10012471723