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The dynamic and heterogeneous effects of retirement on cognitive decline
Schmitz, Hendrik; Westphal, Matthias - 2021
We study effects of retirement on cognitive abilities (up to ten years after retirement) using data from 21 countries in Continental Europe, England, and the US, and exploiting early-retirement thresholds for identification. For this purpose, combines event-study estimations with the marginal...
Persistent link: https://www.econbiz.de/10013163223
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Risky business : the role of individual risk attitudes in occupational choice
Isphording, Ingo E. - 2010
earnings risk. By using the German Mikrozensus, a precise measure for earnings risk is computed as the occupation-wide standard … deviation of wages. Following the procedure proposed by Bonin (2007), this earnings risk measure is used as dependent variable … effects of personality traits in labor market decisions. -- Risk attitudes ; occupational sorting ; earnings risk ; mundlak …
Persistent link: https://www.econbiz.de/10003969724
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Heterogeneity in marginal returns to language training of immigrants
Giesecke, Matthias; Schuß, Eric - 2019
We estimate the effect of language training on subsequent employment and wages of immigrants under essential heterogeneity. The identifying variation is based on regional differences in language training availability that we use to instrument endogenous participation. Estimating marginal...
Persistent link: https://www.econbiz.de/10012062342
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Monopsonistic competition, low-wage labour markets, and minimum wages : an empirical analysis
Bachmann, Ronald; Frings, Hanna - 2015
This paper investigates the degree of monopsony power of employers in different industries against the background of a statutory minimum wage introduction in Germany in January 2015. A semi-structural estimation approach is employed based on a dynamic model of monopsonistic competition. The...
Persistent link: https://www.econbiz.de/10011408479
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Labor market frictions and spillover effects from publicly announced sectoral minimum wages
Demir, Gökay - 2022
I analyze the spillover effects of publicly announced sectoral minimum wages in Germany. My identification strategy exploits exposure to sectoral minimum wages across workers and industries outside the minimum wage sector in a triple differences estimation. Subminimum wage workers in related...
Persistent link: https://www.econbiz.de/10013469845
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Demographics, labor market power and the spatial equilibrium
Furbach, Nina - 2023
This paper studies how demographics affect aggregate labor market power, the urban wage premium and the spatial concentration of population. I develop a quantitative spatial model in which labor market competitiveness depends on the demographic composition of the local workforce. Using highly...
Persistent link: https://www.econbiz.de/10014228342
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Local employer competition and training of workers : conference paper
Rzepka, Sylvi; Tamm, Marcus - 2014
The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...
Persistent link: https://www.econbiz.de/10010483307
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Local employer competition and training of workers
Rzepka, Sylvi; Tamm, Marcus - 2013
Die neue Weiterbildungsliteratur zeigt auf, dass Arbeitgeber in monopsonistisch geprägten Märkten bereit sind, nicht nur die Kosten für firmenspezifische, sondern auch für allgemeine Weiterbildung zu tragen, wenn das Risiko, dass Mitarbeiter abgeworben werden, gering ist. Dies bedeutet, dass...
Persistent link: https://www.econbiz.de/10010225108
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Labour market polarisation, job tasks and monopsony power
Bachmann, Ronald; Demir, Gökay; Frings, Hanna - 2020
Using a semi-structural approach based on a dynamic monopsony model, we examine to what extent workers performing different job tasks are exposed to different degrees of monopsony power, and whether these differences in monopsony power have changed over the last 30 years. We find that workers...
Persistent link: https://www.econbiz.de/10012405643
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Individualism vs. collectivism : how inherited cultural values affect labor market outcomes of second generation immigrants in the US
Höckel, Lisa Sofie - 2017
jobs that require collectivistic traits are the main determinants of the positive impact of collectivism on earnings. …
Persistent link: https://www.econbiz.de/10011592698