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This paper investigates the UK wage curve using longitudinal micro data drawn from the first eight waves of the British Household Panel Survey (BHPS). We estimate a fixed-effects model that controls for observed and unobserved individual-specific heterogeneity. Our results suggest that there is...
Persistent link: https://www.econbiz.de/10005404361
In this paper it is argued that the domestic division of labor and trade is organized according to the same principle as the international division of labor and trade – the Ricardian comparative advantages. After all, the ultimate source of these comparative advantages is the individual. The...
Persistent link: https://www.econbiz.de/10005642399
This paper provides an empirical analysis of reference-dependent effects of unemployment on mental well-being. We show that the negative effect of unemployment on mental well-being depends on expectations about the future employment status. Several contributions to the literature have shown that...
Persistent link: https://www.econbiz.de/10010752457
Several contributions to the literature have shown that the perception of the individual employment status depends on the surrounding unemployment rate. We argue that expectations are a possible link between unemployment rates and the individual employment status regarding changes in mental...
Persistent link: https://www.econbiz.de/10010903084
approach allows us to jointly estimate the effects of the minimum wage on unemployment, average wages, sector mobility, wage … inequality, the size of the informal sector and on labor tax revenues. I show that under reasonable assumptions, cross … strongly affects wage inequality, reducing up to 20% the standard deviation of log-wages, and reduces revenues from labor taxes …
Persistent link: https://www.econbiz.de/10011184384
empirically assess the effect of the minimum wage on unemployment, average wages, sector mobility, wage inequality, the size of … and reduce wage inequality, the policy has the unintended effect of causing labor tax revenues to fall as a result of … growth in American wage inequality in recent decades. In a paper entitled “The Effect of Labour Relations Laws on Union …
Persistent link: https://www.econbiz.de/10011184464
Der Sozialstaat wurde geschaffen, die Fehlfunktionen des Arbeitsmarktes zu korrigieren und mehr soziale Gerechtigkeit herzustellen, als es der Markt vermag. Aber der Sozialstaat trägt seinerseits zu den sichtbaren Defekten des Arbeitsmarktes bei. Besonders problematisch ist die heutige...
Persistent link: https://www.econbiz.de/10005014210
MENA region. Keywords migration, international students mobility, mobilizing skills, MENA region …
Persistent link: https://www.econbiz.de/10010856439
Persistent link: https://www.econbiz.de/10004998643
Persistent link: https://www.econbiz.de/10004998708