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Higher wages increase labor costs but also improve the productivity of the labor force in several ways. If firms take this into account and set their wages accordingly, the resulting wages could fail to adjust demand and supply but may induce phenomena like over-education, discrimination,...
Persistent link: https://www.econbiz.de/10011573665
This paper considers how the demand for non-material aspects of jobs evolves over changing wealth levels and how firms may want to react. We first consider the importance of non-material job aspects in general before turning to two specific human resource practices: flexible working hour...
Persistent link: https://www.econbiz.de/10010318247
development (DID)-which can boost telework and virtual human capital accumulation. Reduction in poverty and inequality through … project their impact on poverty and inequality up to 2030. Our findings show limited impact of the three types of policy …) lower barriers to foreign direct investment (FDI). The impact of DID on inequality is also moot. There is however a modest …
Persistent link: https://www.econbiz.de/10013201347
This paper compares two estimation methods of occupational skills transferability, both theoretically and empirically. The first method is based on Shaw's (1984) study, and the second one is based on Ormiston's (2014) study. The main difference between these two methods is that Shaw's skills...
Persistent link: https://www.econbiz.de/10011650811
Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and reducing their incentive to look for work. This trade-off between benefits and incentives is central to the public debate about extending benefit periods during the recent...
Persistent link: https://www.econbiz.de/10011404864
The expansion of higher education in the Western countries has been accompanied by a marked widening of wage differentials and increasing over-qualification. While the increase in wage differentials has been attributed to skill-biased technological change that made advanced skills scarce, this...
Persistent link: https://www.econbiz.de/10010295296
The expansion of higher education in the Western countries has been accompanied by a marked widening of wage differentials and increasing over-qualification. While the increase in wage differentials has been attributed to skill-biased technological change that made advanced skills scarce, this...
Persistent link: https://www.econbiz.de/10010298812
Firm shutdown creates a turbulent situation for workers as it leads directly to layoffs for its workers. An additional consideration is whether a firm's shutdown within an industry creates turbulence for workers at other continuing firms. Using data drawn from the Longitudinal Worker File, a...
Persistent link: https://www.econbiz.de/10011991996
This paper assesses the effect of increases in the Estonian minimum wage in 2013-2016 on the probability of workers at different wage levels retaining employment. The effect is identified by comparing the probability of workers remaining employed after increases in the minimum wage in 2013-2016...
Persistent link: https://www.econbiz.de/10013470724
Using representative linked employer-employee data for Germany, this paper analyzes short- and long-run differences in labor market performance of workers joining start-ups instead of incumbent firms. Applying entropy balancing and following individuals over ten years, we find huge and...
Persistent link: https://www.econbiz.de/10014501794