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wages for 26 European economies. To ease comparisons we make use of the European Union Statistics on Income and Living … Conditions inquiry released in 2009. The premium is found to be higher at the right tail of the distribution of wages, suggesting …
Persistent link: https://www.econbiz.de/10009427075
Earnings inequality declined rapidly in Argentina, Brazil and Chile during the 2000s. A reduction in the experience premium is a fundamental driver of declines in upper-tail (90/50) inequality, while a decline in the education premium is the primary determinant of the evolution of lower-tail...
Persistent link: https://www.econbiz.de/10011661649
Matched employee-employer data from the UK are used to investigate the importance of social skills, in particular team-work and communication with co-workers, as a driver of wage growth for workers with lower formal education. We find that in social skills tasks, workers enjoy greater wage...
Persistent link: https://www.econbiz.de/10014505307
In a span of six years, the proportion of Venezuelans in Perú has surged nearly fourfold, rising from virtually zero to over 4% of the population. This study delves into the dynamics of medium- and long-term labor market integration in Perú, combining data from the Venezuelan Population...
Persistent link: https://www.econbiz.de/10014537370
associated with reductions in skilled and unskilled workers' wages. Furthermore, the elasticities are relatively similar. Second …, there is sectoral heterogeneity as, for manufacturing, unskilled workers' wages decrease more, while skilled workers do not … wages is null, and this is consistent with a higher level of bargaining power. Even though the effects of labor market …
Persistent link: https://www.econbiz.de/10014455470
We use matched employee-employer data from the UK to highlight the importance of social skills, including the ability to work well in a team and communicate effectively with co-workers, as a driver for individual wage growth for workers with few formal educational qualifications. We show that...
Persistent link: https://www.econbiz.de/10014382140
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …
Persistent link: https://www.econbiz.de/10011446155
This paper formalizes the use of flexible labor contracts in an efficiency wage framework and derives market dualism as an endogenous outcome. By allowing temporary contracts to be either renewed or converted into permanent contracts, new theoretical insights emerge both on the equilibrium wage...
Persistent link: https://www.econbiz.de/10010251553
Persistent link: https://www.econbiz.de/10012610689
This paper documents novel facts on within-occupation task and skill changes over the past two decades in Germany. In a … market biographies to investigate the impact on wages between 2010 and 2017. Results indicate a wage growth premium in … further explores the dynamic influence of AI exposure on individual wages over time, uncovering positive associations with …
Persistent link: https://www.econbiz.de/10014445769