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that referred workers initially earn 4.6 percent higher wages and are 2.3 percentage points less likely to leave their …-specific productivity with a probability of 48.4 percent per year. Counterfactual simulations show that average wages are 3.9 percent lower …
Persistent link: https://www.econbiz.de/10011997660
immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining …, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter … effect if it targets employed workers because this leads to a risk premium in their wages. Finally, I present empirical …
Persistent link: https://www.econbiz.de/10011688026
The long-term earnings losses of displaced workers are substantial. We investigate the role of post-displacement occupational matching in explaining the cost of job displacement. We combine German administrative data on the work history of displaced workers with information on the task content...
Persistent link: https://www.econbiz.de/10010343781
Establishment closures have lasting negative consequences for the workers they displace from their jobs. We study how these consequences vary with the amount of skill mismatch that workers experience after job displacement. Developing new measures of occupational skill redundancy and skill...
Persistent link: https://www.econbiz.de/10014451370
This article explores whether a relationship exists between the skill shortages that a market faces, and the wages in … that workers in markets with higher levels of skill shortages receive higher wages, although this effect is minimal. For …
Persistent link: https://www.econbiz.de/10014128094
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
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …
Persistent link: https://www.econbiz.de/10012270418
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …
Persistent link: https://www.econbiz.de/10012271659
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …
Persistent link: https://www.econbiz.de/10012285605
US earnings inequality has increased dramatically since the 1970s, and the prospect of a reversal depends on what caused the trend. The standard explanation emphasizes skill-biased technical change. This paper briefly considers some aggregation issues and then proceeds to outline two alternative...
Persistent link: https://www.econbiz.de/10008758088