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India over the period of 2004-2012. Combining matching procedures with difference-in-difference, the paper estimates both … the short-run and the long-run impact of the legislation on real wages and employment opportunities. Results show a … positive impact of the legislation on real wages in the short-run, with no significant impact in the long-run. Further, the …
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firms. The main findings reveal that when enforcement increases, the compliance with mandated benefits and formal wages … increase among men, while informal wages decline. Among women, the compliance level declines jointly with informal wages. These …
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Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …
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macroeconomic outcomes in India. We estimate a DSGE model with an informal sector, and rigidities in the formal labor and product …
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bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … shocks, and, hence, the labor market effects of immigration. We employ a wage-setting approach which assumes that wages … suffers more from further immigration in Germany than in the UK. -- immigration ; unemployment ; wages ; labor markets ; panel …
Persistent link: https://www.econbiz.de/10009568638
Empirical studies find that the age-variance profile of wages is U-shaped. The objective of this paper is to explore … firm-worker matches. Three factors shape the age-inequality profile of wages in the model economy: the time horizon before … the U-shape of the age-inequality profile of wages if the bargaining power of workers is sufficiently high. Furthermore …
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