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controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … between 3.5% and 4.5% of wages at 20 years of tenure — over 80% (50%) of the estimated RTT level itself. The results extend to …
Persistent link: https://www.econbiz.de/10012995586
employer-employee data. We find average (employment-weighted) Herfindhal indices of 800 to 1,100, stable over the 1986 … concerns. When controlling for both worker and firm heterogeneity and instrumenting for concentration, we find that wages are …
Persistent link: https://www.econbiz.de/10014374931
We investigate the impact of labour market concentration on two dimensions of job quality, namely wages and job … and local product market concentration, we show that the elasticities of wages with respect to labour market concentration … are strikingly similar across countries: increasing labour market concentration by 10% reduces wages by 0.19% in Germany …
Persistent link: https://www.econbiz.de/10013186729
and employers. These extensions may address coordination issues but may also impose sector-specific minimum wages and … until recently. We find that both formal employment and wage bills in the relevant sector fall, on average, by 2% - and by …
Persistent link: https://www.econbiz.de/10010898081
-specific minimum wages and other work conditions that are not appropriate for many firms. In this paper, we analyse the impact of such … until recently. We find that both formal employment and wage bills in the relevant sector fall, on average, by 2% – and by …
Persistent link: https://www.econbiz.de/10010959582
-specific minimum wages and other work conditions that are not appropriate for many firms. In this paper, we analyse the impact of such … until recently. We find that both formal employment and wage bills in the relevant sector fall, on average, by 2% - and by …
Persistent link: https://www.econbiz.de/10010435227
-specific minimum wages and other work conditions that are not appropriate for many firms. In this paper, we analyse the impact of such … until recently. We find that both formal employment and wage bills in the relevant sector fall, on average, by 2% - and by …
Persistent link: https://www.econbiz.de/10010415530
-specific minimum wages and other work conditions that are not appropriate for many firms. In this paper, we analyse the impact of such … until recently.We find that both formal employment and wage bills in the relevant sector fall, on average, by 2% – and by 25 …
Persistent link: https://www.econbiz.de/10013045010
Politicians can use the public sector to give jobs to cronies, at the expense of the efficiency of those organisations and general welfare. In this paper, we regress monthly hires across all firms in Portugal with some degree of public ownership on the country's 1980-2018 political cycle. We...
Persistent link: https://www.econbiz.de/10012256494
Do workers benefit from the education of their co-workers? This question is examined first by introducing a model of on-the-job schooling, which argues that educated workers may transfer part of their general skills to uneducated workers and that this spillover is affected by the degrees of...
Persistent link: https://www.econbiz.de/10005822526