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that this model can reproduce the observed cyclical patterns of wages and the skill-premium. The feature of capital …
Persistent link: https://www.econbiz.de/10010322786
Drawing on data from 11 successive waves of yearly wage surveys carried out by the Public Employment Service in Hungary from 1992 to 2003, the paper examines, with the use of elementary statistical tools, whether or not earnings fluctuations differ in size across groups of employees with...
Persistent link: https://www.econbiz.de/10003848841
I study inequality in job values, both in terms of wages and non-wage values, in Austria over the period 1996 to 2011 …
Persistent link: https://www.econbiz.de/10014443868
In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the … workers and hence their wage leads to an increase in average income and hence in benefits. The increased fallback income, in … turn, makes unskilled workers ask for higher wages. As higher wages are not justified by respective productivity increases …
Persistent link: https://www.econbiz.de/10010297491
teacher preferences for compensation structure and working conditions. I calculate willingness-to-pay for a rich set of work … performance pay. Taking the preference estimates at face value I explore how schools should structure compensation to meet various …. Restructuring compensation can increase both teacher welfare and student achievement. …
Persistent link: https://www.econbiz.de/10012698058
salary structure, retirement benefits, performance pay, class size, and time-to-tenure. (2) Highly rated teachers have …) Under various criteria, schools seem to underpay in salary and performance pay while overpaying in retirement benefits. …
Persistent link: https://www.econbiz.de/10012201018
How do wage and other financial benefits affect the set of candidates for political office? In this theoretical paper …
Persistent link: https://www.econbiz.de/10011730987
A large body of literature explains the inferior position of unskilled workers by imposing a structural shift in the labor force skill composition. This paper takes a different approach by emphasizing the connection between cyclical variations in skilled and unskilled labor markets. Using a...
Persistent link: https://www.econbiz.de/10010263725
Over the past two decades, technological progress has been biased towards making skilled labor more productive. What does skill-biased technological change imply for business cycles? To answer this question, we construct a quarterly series for the skill premium from the CPS and use it to...
Persistent link: https://www.econbiz.de/10010276400
Endogenous separation matching models have the shortcoming that they are barely able to replicate the Beveridge curve (i.e. the negative correlation between unemployment and vacancies) and business cycle statistics jointly. This paper builds upon the sectoral shock literature and combines its...
Persistent link: https://www.econbiz.de/10011453716