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-specific wage levels in a public-sector setting where wages otherwise are set according to individualized wage bargaining. The … agreement stipulated that wages should increase in proportion to the number of low-paid females within each establishment. We … find that actual wages among incubents responded to the share of females with a wage below the stipulated threshold …
Persistent link: https://www.econbiz.de/10010354153
wages to prevent them to quit. Similarly, workers with a high layoff probability give up some of their wage to prevent them … may be related to downward wage rigidity. While it is easy to renegotiate higher wages to prevent quits, it is much more … difficult to renegotiate lower wages to prevent layoffs even if that would overall be beneficial to the workers involved …
Persistent link: https://www.econbiz.de/10003333105
We study job displacement in France. In the medium run, losses in firm-specific wage premium account for a substantial share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in the cross-section of firms, we find that workers are...
Persistent link: https://www.econbiz.de/10013163563
wages to prevent them to quit. Similarly, workers with a high layoff probability give up some of their wage to prevent them … may be related to downward wage rigidity. While it is easy to renegotiate higher wages to prevent quits, it is much more … difficult to renegotiate lower wages to prevent layoffs even if that would overall be beneficial to the workers involved …
Persistent link: https://www.econbiz.de/10013317563
firms to pay differentially high wages. We estimate individual worker hold-up power by occupation using the effect of worker … permanent firm productivity innovations to wages, supporting the main model predictions. Accounting for heterogeneity in hold …) hold-up power decreases the responsiveness of wages to labor market slack …
Persistent link: https://www.econbiz.de/10013295449
Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
Persistent link: https://www.econbiz.de/10011434456
We show that wage setting in the Colombian manufacturing industry is not fundamentally driven by labor productivity in contrast to the standard theoretical prediction. On the contrary, internal institutional arrangements – payroll taxation, the minimum wage or the price wedge between...
Persistent link: https://www.econbiz.de/10010502793
In this study, we examine the impact of minimum wages in Vietnam using individual-level data from the 2012-2020 annual … find significant effects from minimum wages on employment and monthly wages. However, we find a considerable negative …. Since total wages remain unchanged, a reduction in working hours results in an increase in hourly income. A 1% increase in …
Persistent link: https://www.econbiz.de/10014235348
In this paper, we estimate returns to classroom and on-the-job firm-sponsored training in terms of value-added per worker using longitudinal linked employee-employer Canadian data from 1999 to 2006. We estimate a standard production function controlling for endogenous training decisions because...
Persistent link: https://www.econbiz.de/10009153568
We document differences in human capital deployment between diversified and focused firms. We find that diversified firms have higher labor productivity and that they redeploy labor to industries with better prospects in response to changing opportunities. The opportunities and incentives...
Persistent link: https://www.econbiz.de/10013038114