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Most economists maintain that the labor market in the United States (and elsewhere) is tight because unemployment rates … are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … potential for wage-push inflation. However, real wages are falling rapidly at present and, prior to that, real wages had been …
Persistent link: https://www.econbiz.de/10014078744
Persistent link: https://www.econbiz.de/10014383455
not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters … to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …
Persistent link: https://www.econbiz.de/10013448558
Persistent link: https://www.econbiz.de/10014534068
union density on firm productivity and wages in the population of Norwegian firms over the period 2001 to 2012. Increases in … union density lead to substantial increases in firm productivity and wages having accounted for the potential endogeneity of …
Persistent link: https://www.econbiz.de/10011756733
union density on firm productivity and wages in the population of Norwegian firms over the period 2001 to 2012. Increases in … union density lead to substantial increases in firm productivity and wages having accounted for the potential endogeneity of …
Persistent link: https://www.econbiz.de/10012943707
Using nationally representative workplace data for Britain we identify the partial correlation between workplace wages … and the percentage of migrants employed at a workplace. We find wages are lower in workplaces employing a higher …
Persistent link: https://www.econbiz.de/10011612948
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment … rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is … potential for wage-push inflation. However, real wages are falling rapidly at present and, prior to that, real wages had been …
Persistent link: https://www.econbiz.de/10013342929
We analyze the performance outcomes of National Hockey League (NHL) players over 18 seasons (1990-1991 to 2007-2008) as a function of the demographic conditions into which they were born. We have three main findings. First, larger birth cohorts substantially affect careers. A player born into a...
Persistent link: https://www.econbiz.de/10010436158
Using nationally representative workplace data for Britain we identify the partial correlation between workplace wages … and the percentage of migrants employed at a workplace. We find wages are lower in workplaces employing a higher …
Persistent link: https://www.econbiz.de/10012962305