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Persistent link: https://www.econbiz.de/10013176908
This paper uses individual data on employment and wages to shed light on the UK's productivity puzzle. It finds that … workforce composition cannot explain the reduction in wages and hence productivity that we observe; instead, real wages have … lower capital-labour ratio. We cannot tell whether productivity is driving wages or vice versa, but understanding why wages …
Persistent link: https://www.econbiz.de/10009752196
Persistent link: https://www.econbiz.de/10010383759
they consider lower wages and higher wage dispersion major prerequisites for stronger employment growth. The theoretical … the downward pressure on wages and led to rising income inequality. Many German economists welcomed this effect, because …
Persistent link: https://www.econbiz.de/10009779486
This paper examines employment transitions in the South African labour market. Using the Post-Apartheid Labour Market … accounting for wage employment and self-employment as well as upper-tier and lower-tier informal sector segments. Transition … probabilities are estimated using dynamic discrete choice models, and the extent to which transitions affect changes in real wages …
Persistent link: https://www.econbiz.de/10014250080
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In this paper, we analyse differences in the cyclical pattern of employment and wages of immigrants and natives for two …
Persistent link: https://www.econbiz.de/10013155564
This paper explores evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a high-pressure economy during the preceding expansion....
Persistent link: https://www.econbiz.de/10012852979
This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a high-pressure economy during the preceding...
Persistent link: https://www.econbiz.de/10012924924
wages. We estimate a negative connection between establishments' wage cyclicality and their employment cyclicality, thereby … cycle. While wages of the median establishment are moderately procyclical, 36 percent of establishments have countercyclical …
Persistent link: https://www.econbiz.de/10012626934