Low unionization rates, a falling real federal minimum wage, and prevalent non-competes characterize low-wage jobs in the United States and contribute to growing inequality. In recent years, a number of private employers have opted to institute or raise company-wide minimum wages for their...

Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on Italy, and leverage employer-employee data matched to firm balance sheets and hand-collected wage floors. We find a relatively larger pass-through of firm-specific labor-demand...

Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on Italy, and leverage employer-employee data matched to firm balance sheets and hand-collected wage floors. We find a relatively larger pass-through of firm-specific labor-demand...

Minimum wages generate an asymmetric pass-through of rm shocks across workers. We establish this result leveraging employer-employee data on Italian metalmanufacturing rms, which face di erent wage oors that vary within occupations. In response to negative rm productivity shocks, workers close...

Das ifo Institut bietet über seinen Konjunkturtest auch einen Beschäftigungsindikator, welcher für die Bereiche verarbeitendes Gewerbe, Bau, Handel und gewerbliche Wirtschaft jeweils eine sehr hohe Kreuzkorrelation mit der entsprechenden Beschäftigungsentwicklung aufweist. Der Indikator ist...

Das ifo Institut bietet über seinen Konjunkturtest auch einen Beschäftigungsindikator, welcher für die Bereiche verarbeitendes Gewerbe, Bau, Handel und gewerbliche Wirtschaft jeweils eine sehr hohe Kreuzkorrelation mit der entsprechenden Beschäftigungsentwicklung aufweist. Der Indikator ist...

This paper characterises establishments that pay higher seniority wages than their competitors. It tests whether seniority wages are paid on the basis of agency, human capital or efficiency wage considerations. A representative linked employeremployee panel and an innovative two-step estimation...

Using comprehensive data for German establishments (1999-2008), we estimate plant-level production functions to analyze if cultural diversity affects total factor productivity. We distinguish diversity in the establishment's workforce and in the aggregate regional labor force where the plant is...

Using comprehensive data for German establishments (1999-2008), we estimate plant-level production functions to analyze if "cultural diversity" affects total factor productivity. We distinguish diversity in the establishment's workforce and in the aggregate regional labor force where the plant...

Using comprehensive data for German establishments, we estimate plant-evel production functions to analyze if "cultural diversity" affects total factor productivity. We distinguish diversity in the establishment's workforce and in the aggregate labor force of the region where the plant is...