Showing 1 - 10 of 222
Although employee-representation systems coexist with a collective-bargaining framework in continental Europe for many years, US labor advocates have looked upon those representations systems with suspicion. The reasons for this suspicion are historical: US employee-representation systems have...
Persistent link: https://www.econbiz.de/10013064543
This paper utilises the panel element of the BHPS (waves 9 to 14) to examine the dynamics of the National Minimum Wage (NMW) introduced to Britain in 1999. Specifically a persistence measure based on a random effects probit model for those affected by the NMW is constructed. The conditional...
Persistent link: https://www.econbiz.de/10012777482
During the last 10 years, many OECD countries introduced reforms which included automatic enrolment or mandatory participation in privately managed pension schemes. The current article aims to reveal the benefits and costs of privately managed pension schemes. The article uses a study of pension...
Persistent link: https://www.econbiz.de/10013233539
Wal-Mart matters to the form and substance of law and social reform in several distinct ways. This article describes Wal-Mart as serving three key purposes - as target, symbol, and model - in the contemporary social reform landscape. First, Wal-Mart, the largest employer in the United States is...
Persistent link: https://www.econbiz.de/10014050842
We provide empirical support for the contention that within-job wage growth relates purely to job-specific performance and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey panel data we identify job changes that take place both...
Persistent link: https://www.econbiz.de/10010262277
In this paper we study the contribution of migrants to the rise in UK top incomes. Using administrative data on the universe of UK taxpayers we show migrants are over-represented at the top of the income distribution, with migrants twice as prevalent in the top 0.1% as anywhere in the bottom...
Persistent link: https://www.econbiz.de/10012625369
This paper combines matching frictions with e¢ ciency wages to deter shirking in a model that is estimated for the USA and the UK to derive the underlying structural parameters. Methods robust to weak instruments are used to show that, for both countries, both matching frictions and efficiency...
Persistent link: https://www.econbiz.de/10010318955
The recession of 2008-2009 inflicted a larger cumulative loss of UK output than any of the other post-war recessions. Nevertheless, employment rates remained higher than might have been expected given the experience of previous recessions. The main reasons for this appear to be a combination of...
Persistent link: https://www.econbiz.de/10003973882
This paper summarizes evidence for the existence of a wage curve a downward-sloping relationship between the level of pay and the local unemployment rate in modern micro data. At the time of writing, the curve has been found in 40 nations. Its elasticity is approximately -0.1. -- wage...
Persistent link: https://www.econbiz.de/10003391949
We provide empirical support for the contention that within-job wage growth relates purely to job-specific performance and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey panel data we identify job changes that take place both...
Persistent link: https://www.econbiz.de/10011295412