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Great Expectations: Past Wages and Unemployment Durations

Böheim, René; Horvath, Gerard Thomas; Winter-Ebmer, Rudolf - 2010

Decomposing wages into worker and firm wage components, we find that firm-fixed components (firm rents) are sizeable parts of workers' wages. If workers can only imperfectly observe the extent of firm rents in their wages, they might be mislead about the overall wage distribution. Such...

Persistent link: https://www.econbiz.de/10010294904

Wage mobility in Israel: The effect of sectoral concentration

Cardoso, Ana Rute; Neuman, Shoshana; Ziderman, Adrian - 2009

Using a unique eight-year data set, merging population census and national insurance data, the paper examines and compares patterns of wage mobility in Israel. First, the public and the private sectors are compared. Second, within each of these sectors, a distinction is made between sub-sector...

Persistent link: https://www.econbiz.de/10010336051

Matching frictions, efficiency wages, and unemployment in the USA and the UK

Malcomson, James M.; Mavroeidis, Sophocles - 2007

This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA and the UK to derive the underlying structural parameters. Methods robust to weak instruments are used to show that, for both countries, both matching frictions and efficiency...

Persistent link: https://www.econbiz.de/10010318955

The global crisis and the remedial actions: A nonmainstream perspective

Sen, Sunanda - 2011

The global financial crisis has now spread across multiple countries and sectors, affecting both financial and real spheres in the advanced as well as the developing economies. This has been caused by policies based on rational expectation models that advocate deregulated finance, with...

Persistent link: https://www.econbiz.de/10010286492

An exploratory analysis of the effects of the formalisation policy for individual micro-entrepreneurs

Corseuil, Carlos Henrique L.; Neri, Marcelo; Ulyssea, … - 2014

This paper presents an exploratory analysis of the potential impacts of the Lei do Empreendedor Individual (Individual Entrepreneur Law). We intend to present evidence that helps clarify, albeit only partially, whether the policy was successful in promoting: i) micro-entrepreneurship in Brazil;...

Persistent link: https://www.econbiz.de/10011335902

Money, inflation, and unemployment in the presence of informality

Lahcen, Mohammed Aït - 2017

This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … developing economies. I present a dynamic general equilibrium model with informality in both labor and goods markets and where … informality when considering the inflation-unemployment trade-off in the conduct of monetary policy. …

Persistent link: https://www.econbiz.de/10011969183

Economic transition, dualism, and informality in India

Kesar, Surbhi - 2019

based on their primary income sources into seven sectors characterised by varying degrees of formality/informality and …

Persistent link: https://www.econbiz.de/10012059911

Is informality a good measure of job quality? Evidence from job satisfaction data

Pagés, Carmen; Madrigal, Lucía - 2008

number of studies argue that, at least for some workers, the informality status may be driven by choice rather than exclusion … different types of informal jobs. More importantly, the results suggest that across different definitions, informality does not …

Persistent link: https://www.econbiz.de/10010278215

An extension of the Blinder-Oaxaca decomposition to a Continuum of Comparison Groups

Ñopo, Hugo - 2007

This paper proposes an extension of the Blinder-Oaxaca decomposition from two to a continuum of comparison groups. The proposed decomposition is then estimated for the case of racial wage differences in urban Peru, exploiting a novel data set that allows the capturing of mestizaje (racial mixtures).

Persistent link: https://www.econbiz.de/10010278233

Labor Mobility across the Formal/Informal Divide in Turkey: Evidence from Individual Level Data

Tansel, Aysit; Oznur Kan, Elif - 2012

Informality has long been a salient phenomenon in developing country labor markets, thus has been addressed in several …, heterogeneous and multifaceted informal labor market. However, the existing evidence on labor informality in Turkey is mixed and …. In this way, we aim to contribute to the limited body of stylized facts available on mobility and informality in the …

Persistent link: https://www.econbiz.de/10010500199

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