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taken into account. We extend the neoclassical labor supply model in two directions. First, we allow for endogenous wages … differentials of part-time jobs, the model with endogenous wages predicts lower part-time employment than the standard neoclassical …
Persistent link: https://www.econbiz.de/10011442317
This paper estimates the effects of cohort size on wages, employment and work time for workers in Germany. The … peak of the baby boom earn at least 5.3% lower wages than comparable workers born during the subsequent baby bust. Highly … specialized females born into large cohorts earn 2.5% lower wages than their counterparts from small cohorts. Employment effects …
Persistent link: https://www.econbiz.de/10011520610
taken into account. We extend the neoclassical labor supply model in two directions. First, we allow for endogenous wages … differentials of part-time jobs, the model with endogenous wages predicts lower part-time employment than the standard neoclassical …
Persistent link: https://www.econbiz.de/10013428181
We investigate whether working time is related to the intensity of income comparisons and relative income. Our simple theoretical model demonstrates that the effects of relative income concerns depend on whether an individual can choose contractual working hours and/or overtime. In the empirical...
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normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …
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