Showing 1 - 10 of 3,277
The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … changes in regional unemployment. Accounting for the fluctuations in composition of the employees is important for the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
Persistent link: https://www.econbiz.de/10011973148
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
Persistent link: https://www.econbiz.de/10013408756
below the NMW, above the NMW, unemployment and inactivity, using a multinomial logit approach. It appears that for many …
Persistent link: https://www.econbiz.de/10003035516
at or below the NMW, above the NMW, unemployment and inactivity, using a multinomial logit approach. It appears that for …
Persistent link: https://www.econbiz.de/10013318365
The micro- and macroeconomic effects of the declining power of trade unions have been hotly debated by economists and policymakers. Nevertheless, the empirical evidence shows that the impact of the decline on economic aggregates and firm performance is not an overwhelming cause for concern....
Persistent link: https://www.econbiz.de/10011419472
Persistent link: https://www.econbiz.de/10003798155
der Arbeitslosigkeit zur Folge hat. -- search friction ; labor market transitions ; wages …
Persistent link: https://www.econbiz.de/10003874124
Using a representative establishment dataset, this paper is the first to analyze the incidence of wage posting and wage bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German labor market, with about two-thirds of hirings...
Persistent link: https://www.econbiz.de/10010191278
ist, wenn spezielle Qualifikationen verlangt werden oder wenn die regionale Arbeitslosigkeit gering ist. …
Persistent link: https://www.econbiz.de/10009792155