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Recent empirical studies document that the distribution of earnings changes displays substantial deviations from lognormality: in particular, earnings changes are negatively skewed with extremely high kurtosis (long and thick tails), and these non-Gaussian features vary substantially both over...
Persistent link: https://www.econbiz.de/10014543845
This paper documents the role of unemployment and earnings risk in reconciling evidence in payoff differentials between self-employment and paid-employment. Using Spanish administrative data, we characterize the distribution and dynamics of earnings and document lower and less dispersed earnings...
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Matched employee-employer data from the UK are used to investigate the importance of social skills, in particular team-work and communication with co-workers, as a driver of wage growth for workers with lower formal education. We find that in social skills tasks, workers enjoy greater wage...
Persistent link: https://www.econbiz.de/10014505307
We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace, in line with the critique by Acemoglu and Autor (2011). Depending on the type of tasks performed at work, as well as on...
Persistent link: https://www.econbiz.de/10011718769
It has been a tough few years for labour market statistics. The COVID-19 pandemic made the collection and interpretation of data on jobs and pay extremely challenging. Many surveys found it harder to reach respondents. Those that relied on face-to-face interviewing had to switch to telephone or...
Persistent link: https://www.econbiz.de/10014552671