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. Moreover, they have also experienced a deterioration in their employment and earnings over the last three decades. In this … paper, we document this evolution and adopt a longitudinal approach to show that employment and earnings losses suffered by …
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combined to influence real wage growth. By contrast, the external effects of unemployment and replacement rates had much less … impact. Empirical work is undertaken against the background of an efficient bargaining model that embraces employment, hours …
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We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets....
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cannot be attributed to the parents' own employment status. The results suggest pathways through stress and air pollution. …
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is affected by initial conditions. In addition, the same cohorts of workers experience slower wage growth, despite being … used to overcome wage and other institutional rigidities of the Italian labor market. …
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workers during recessionary periods. Evidence is found that the post-training wage growth expected over a few years after … training, rather than an immediate wage gain upon completion of training, was a significant motive for young individuals to … invest in training in the midst of the post-Black Monday recession. An immediate wage gain due to training, in contrast …
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