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We extend the scarce evidence on labor supply in post-transition countries by estimating the wage elasticity of labor force participation in the Czech Republic. Using the household income survey data of 2002, we find that a one-percent rise in the gross wage increases the probability of working...
Persistent link: https://www.econbiz.de/10003778446
Persistent link: https://www.econbiz.de/10010441318
is directly aimed at reducing disparities in the employment sector. Against this background, the paper analyses the … impact of EU structural funds on employment drawing on a panel dataset of 130 European NUTS regions over the time period 1999 … funds ; dynamic panel models ; spatial panel econometrics ; regional employment effects …
Persistent link: https://www.econbiz.de/10009405602
The paper proposes a multi-factor international asset pricing model in which the exchange rate is allowed to be co-determined by a risk factor imperfectly correlated to other priced risks in the economy. The significance of this factor can be established as long as one is able to observe a proxy...
Persistent link: https://www.econbiz.de/10009636537
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
Persistent link: https://www.econbiz.de/10012156487
We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages … likely to reduce employment, then hourly wages and then hours worked, regardless of the source of the shock. Results for the … response to positive shocks in 2010-13, firms were more likely to increase wages, followed by increases in employment and then …
Persistent link: https://www.econbiz.de/10011997513
evidence on the impacts of labour market reforms, which seem to have a potential to address impediments towards employment …
Persistent link: https://www.econbiz.de/10011856489
We explore the impact of wage adjustment on employment with a focus on the role of downward nominal wage rigidities. We … results point to a negative effect of downward wage rigidities on employment at the firm level. …
Persistent link: https://www.econbiz.de/10011732749
that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … Technological Change theory. While there exists heterogeneity across countries, only very few countries show a decline in employment … pace of technology diffusion and education, but also to the level of product market regulation (competition) and employment …
Persistent link: https://www.econbiz.de/10014343139
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