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increased risk that they encounter a sharp fall in their wages. People who tend to be particularly affected are the low …
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Greece’s labour market entered the COVID-19 shock following several years of sustained employment growth and with wages …
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compensation growth, implying that raising productivity is no longer sufficient to raise real wages for the typical worker. This … suggesting that it is explained by declines in both labour shares and the ratio of median to average wages (a partial measure of …-market sectors). The ratio of median to average wages has declined in all but two of the OECD countries covered by the analysis and …
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average across countries, changes in the dispersion of average wages between firms explain about half of the changes in … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …
Persistent link: https://www.econbiz.de/10012312260
average across countries, changes in the dispersion of average wages between firms explain about half of the changes in … productivity-related premia that firms pay their workers above common market wages. The remaining third can be attributed to …
Persistent link: https://www.econbiz.de/10012203325
Routine-biased technological change has emerged as a leading explanation for the differential wage growth of routine occupations, such as manufacturers or office clerks, relative to less routine occupations. Less clear, however, is how the effects of technological advancement on occupational...
Persistent link: https://www.econbiz.de/10012102986