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We provide stylized facts on the existence and dynamics over time of the large firm wage premium for four countries. We examine matched employer-employee micro-data from Brazil, Germany, Sweden, and the UK, and find that the large firm premium exists in all these countries. However, we uncover...
Persistent link: https://www.econbiz.de/10012900202
The objective of this paper is to measure the impact of economic growth on unemployment in the Jordanian economy in the short and long-run during the period (1980-2011) by implementing the Okun's law. The relationship is measured by performing the gap model with Hodrick-Prescott filter (HP...
Persistent link: https://www.econbiz.de/10013053635
Around the world, central bankers closely monitor monthly unemployment statistics. A nation's assessment of the optimal size of its labor force and employment levels should be rational. In the United States, the ages of labor participants measured by the statistics range from 16 year olds...
Persistent link: https://www.econbiz.de/10012921795
Does labor court uncertainty and judge subjectivity influence firms' performance? We study the economic consequences of judge decisions by collecting information on more than 145,000 Appeal court rulings, combined with administrative firm-level records covering the whole universe of French...
Persistent link: https://www.econbiz.de/10013243055
We provide stylized facts on the existence and dynamics over time of the large firm wage premium for four countries. We examine matched employer-employee micro-data from Brazil, Germany, Sweden, and the UK, and find that the large firm premium exists in all these countries. However, we uncover...
Persistent link: https://www.econbiz.de/10011787892
In this study, we use Okun’s Law to examine whether growth has been jobless in seventeen MENA countries. The methods used are the ARDL approach for the individual country and the panel data analysis for the entire sample. The period considered in this study is from 1980 to 2013. To test for...
Persistent link: https://www.econbiz.de/10011635846
Do local fiscal multipliers depend on what the government purchases? We find that government purchases of services have larger effects on employment than spending on goods. Industries producing services are more labor-intensive than industries producing goods. This heterogeneity in labor...
Persistent link: https://www.econbiz.de/10014354592
Current studies addressing the rise in inequality confine themselves to country-level developments. This paper delineates trends in earnings inequality and employment at the sectoral level for eight LIS countries between 1985-2005. Earnings inequality mainly manifests itself within rather than...
Persistent link: https://www.econbiz.de/10009769255
This paper presents new evidence on the relationship between education and income inequality by drawing evidence from 145 countries between 1996 to 2016. Reviewing the economic theories of Simon Kuznets on income inequality and the arguments of Theodore Schultz on the economic value of...
Persistent link: https://www.econbiz.de/10012859598
Using data from the 2019 Survey of Consumer Finances and the U.S. Census Bureau, along with data and research from other sources, this paper presents seven economic facts about the racial wealth gap in the U.S. We present data on racial disparities in income, employment, homeownership,...
Persistent link: https://www.econbiz.de/10013279332