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Using a large panel of administrative records on unemployment durations this study confirms the predictions of the ranking model of Blanchard and Diamond (1994) that an individual’s probability of leaving unemployment decreases with unemployment duration and increases with labour market...
Persistent link: https://www.econbiz.de/10009460032
We examine the variance-covariance structure of log-wages over time and over the lifecycle of British men from 1975 to 2001, hereby controlling for cohort effects. Wage inequality has risen sharply during the 1980’s and early 1990’s and remained fairly constant in the second half of the...
Persistent link: https://www.econbiz.de/10009460033
This study examines the effects of the basic wage rate, standard working hours and unionisation on paid overtime work in Britain using individual-level data from the New Earnings Survey over the period 1975-2001. For this purpose we estimate a panel data model. We show that to obtain consistent...
Persistent link: https://www.econbiz.de/10009460064