Showing 1 - 10 of 250
this persistence is somewhat lower than for the developed countries. Furthermore, prices and nominal wages are found to be … use of theoretical models with staggered prices and wages for the modelling of developing country business cycles. …
Persistent link: https://www.econbiz.de/10010280739
Cross-country differences of market hours in 17 countries belonging to the Organisation for Economic Co-operation and Development are mainly due to the hours of women, especially low-skilled women. This paper develops a model to account for the gender-skill differences in market hours across...
Persistent link: https://www.econbiz.de/10012030260
The factors behind the increase in the relative wages of skilled workers in developing countries are still not well … the wage bill share and relative wages of skilled labor. This finding is contrary to the commonly held view that …
Persistent link: https://www.econbiz.de/10010397628
This paper tests the extent to which the accumulation of basic cognitive skills, as measured by a post-schooling math test, matter for young dropouts entering today’s labor market. Based on a sample of dropouts who were age 16-18 when administered a math test in the late 1990s, estimates...
Persistent link: https://www.econbiz.de/10010318927
, wages, and the inequality of wages within firms. While the average amount spent on employer-provided training is low in … IT-courses. We find a significant relationship between training and wages, the coefficient is about 0.05. We find no … significant effect of training on the inequality of wages within firms. …
Persistent link: https://www.econbiz.de/10010294844
treatment effects were positive - wages are predicted to increase, as are the employment rates of the treated. The equilibrium …
Persistent link: https://www.econbiz.de/10010317901
This paper uses unique employer-employee matched administrative data files to determine that firm and industry employment dynamics play significant roles in the earnings gains of workers who change jobs and in different ways across the business cycle. Among the more notable results is the...
Persistent link: https://www.econbiz.de/10010397670
This paper analyzes the welfare costs of business cycles when workers face uninsurable idiosyncratic labor income risk. In accordance with the previous literature, this paper decomposes labor income risk into an aggregate and an idiosyncratic component, but in contrast to the previous...
Persistent link: https://www.econbiz.de/10010318998
We develop a dynamic general equilibrium model where workers can engage in search while on the job. We show that on-the-job search is a key component in explaining labor market dynamics in models of equilibrium unemployment. The model predicts fluctuations of unemployment, vacancies, and labor...
Persistent link: https://www.econbiz.de/10010293492
While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firm’s and from a macro perspective. Adjustment cost theories and arguments about option values...
Persistent link: https://www.econbiz.de/10010294519