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show that the marginal income risk effect on wages is always positive whereas the marginal unemployment risk effect …We examine whether income and unemployment risks are compensated by individual wages. Using a portfolio approach we … crucially depends on the income risk. The interaction effect between both risk measures is negative. Using administrative panel …
Persistent link: https://www.econbiz.de/10010312102
The positive association between moderate alcohol consumption and wages is well documented in the economic literature …. Positive health effects as well as networking mechanisms serve as explanations for the alcohol-income puzzle. Using individual … on the alcohol-income puzzle by analyzing, for the first time, the association between beverage-specific drinking …
Persistent link: https://www.econbiz.de/10010324259
the regional unemployment rate at the time of graduation. This analysis contributes to the question as to whether labour … impact on the individuals' wages one year after graduation. However, there appears to be a partial catchup towards luckier …
Persistent link: https://www.econbiz.de/10011931587
As a new approach we study individual wage compensations due to income risksmeasured by the variance and skewness of … wages. …
Persistent link: https://www.econbiz.de/10010312204
that estimate if per capita income in 2008 is dependent on the past agglomeration economies that have emerged from CBD and … urbanization and localization economies that have emerged from CBD and sub-centres in the past, matters for the per capita income … explain the degree of income inequality and its growth as well. In addition, once is controlled for other conditions, the …
Persistent link: https://www.econbiz.de/10011397287
show that the marginal income risk effect on wages is always positive whereas the marginal unemployment risk effect …We examine whether income and unemployment risks are compensated by individual wages. Using a portfolio approach we … crucially depends on the income risk. The interaction effect between both risk measures is negative. Using administrative panel …
Persistent link: https://www.econbiz.de/10011397337
This paper descriptively analyzes the nexus between income comparisons and perceptions of unfair pay. A German … household survey reveals that individuals who perceive their wages as unfair earn significantly lower wages than fairly paid … individuals with similar characteristics. This suggests that unfairness perceptions with respect to wages are based on sound …
Persistent link: https://www.econbiz.de/10010322381
bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … shocks, and, hence, the labor market effects of immigration. We employ a wage-setting approach which assumes that wages … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK …
Persistent link: https://www.econbiz.de/10010287680
signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who … employer and may choose to remain unemployed rather than to accept a low-wage job. In this case, unemployment can serve as a … are not recalled. In contrast, because workers whose plant closed cannot be recalled, longer unemployment for them should …
Persistent link: https://www.econbiz.de/10010276359
This paper examines whether subjective expectations of unemployment are reliable indicators of the probability of … becoming unemployed, and investigates their association with wage growth. We find that workers' fears of unemployment are … increased by their previous unemployment experience and by the unemployment experiences of a close friend, and are associated …
Persistent link: https://www.econbiz.de/10010277813