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administrative data reveals that the reform led to more apprentices in German firms despite a decrease in apprentice wages. This can … apprentices; setting lower wages is possible because of a rising supply of apprentices owing to substantially improved employment …
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This paper estimates the labor supply elasticity of wage workers in Indonesia. I exploit a historical dataset on … inelastic labor supply among female wage workers: men substitute labor away as wages fall while women increase their labor …
Persistent link: https://www.econbiz.de/10012970861
Stochastic shocks to aggregate labor supply elasticity are introduced into a real-business-cycle setup augmented with a … board arrange-ment (1999-2018). The quantitative importance of a stochastic aggregate labor supply elasticity parameter is … the variability of hours, and lowers the correlation between hours and wages, and thus is found to be quantitatively …
Persistent link: https://www.econbiz.de/10013193765
The paper investigates how employees use secondary employment to smooth out consumption shortfalls from non-anticipated wage shocks in their main employment. The identification strategy exploits surprising changes in firms' wage payment and repayment behavior in Ukraine. Based on unique...
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This paper assesses the responsiveness of wages and labor force movements to employment shocks across British and U ….S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all …
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