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The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … is set in an economy with close to complete union coverage where real wages have grown continuously in all parts of the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
Persistent link: https://www.econbiz.de/10011973148
setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … estimate the career effects of labor union membership. In the survey, we show how workers perceive the role of unions in … influence worker outcomes, whether unions influence workers differently across their careers, and what the overall long …
Persistent link: https://www.econbiz.de/10014286017
setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … estimate the career effects of labor union membership. In the survey, we show how workers perceive the role of unions in … influence worker outcomes, whether unions influence workers differently across their careers, and what the overall long …
Persistent link: https://www.econbiz.de/10014288149
I discuss some key issues raised by behavioral economics for better understanding the working of the labor market. Amongst the key points in this paper are: (i) a revised modeling of the labor supply curve, with a specific focus on the target income approach (ii) elaborating on the importance of...
Persistent link: https://www.econbiz.de/10013050704
This Selected Issues paper explores the economic consequences of aging and its impact on long-term fiscal sustainability for Cyprus. The study analyzes the potential macroeconomic impact of different approaches to deal with the fiscal costs of aging. It goes beyond a simple quantification of the...
Persistent link: https://www.econbiz.de/10011243631
Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find …
Persistent link: https://www.econbiz.de/10010360090
This paper presents new empirical evidence about the wage gap between union and nonunion workers in Brazil. In principle, due to the rules governing union organization/mobilization, no one should rationally expect such gap. However, as this paper reveals, there is empirical evidence of its...
Persistent link: https://www.econbiz.de/10012060370
(GLFS 2015) respectively. The findings indicate that unions' bargaining effect on wages is positive. Furthermore, the study … strength of unions. It is against this background that our study seeks to examine the effect of unions' bargaining (proxied by … union presence variable) on wages in Ghana. We employ the Heckman Selection Model and quantile regression technique to …
Persistent link: https://www.econbiz.de/10014503137
substantiate the union’s claim of ‘full wage compensation’, however: reductions in standard hours were accompanied by a relative …
Persistent link: https://www.econbiz.de/10005114354
underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany …-wage firms, would not be viable at current wages. …
Persistent link: https://www.econbiz.de/10012801411