Showing 1 - 10 of 120
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
This study examines the extent, duration and timing of employment breaks amongst a large representative sample of Jewish workers in Israel over the 13-year time period, 1983-1995. Work histories are constructed from a new joint database, unique in Israel, which was derived from a linkage of 1995...
Persistent link: https://www.econbiz.de/10010335992
2002 Pew Global Attitudes survey shows that workers' support for free trade decreases with age. The relation between age and supporting free trade is a phenomenon previously unexplored by economists. We study distributional effects of trade liberalization, in particular age and gains from free...
Persistent link: https://www.econbiz.de/10010273670
Since the start of the pandemic the U.S. labor market has been characterized as being plagued by missing jobs, i ….e. payroll employment has fallen more than five million jobs short of its pre-pandemic trend, and missing workers, i.e. the … of the data for two reasons. The first is that the number of missing jobs is inflated because it is based on the …
Persistent link: https://www.econbiz.de/10014301987
The paper evaluates the fiscal policy initiatives during the Great Recession in the United States. It argues that, although the nonconventional fiscal policies targeted at the financial sector dwarfed the conventional countercyclical stabilization efforts directed toward the real sector, the...
Persistent link: https://www.econbiz.de/10010318645
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
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
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
growth in employment along with quality of jobs in the formal manufacturing sector. Against this background, the present …
Persistent link: https://www.econbiz.de/10012625355
and income support cashtransfers. And if the goal is to lead the way to a resilient and sustainable European Union …
Persistent link: https://www.econbiz.de/10014474497