Showing 1 - 10 of 97
Empirical studies on minimum wages are primarily concerned with employment while their effects on income inequality … and reduce income inequality. We examine this assertion for different minimum wage levels on the basis of a … will only have a minor impact on inequality among households with at least one minimum-wage worker. Low wage earners are …
Persistent link: https://www.econbiz.de/10010341614
Swedish unemployment was very low up to the early 1990s when it rose rapidly. At the same time manufacturing employment fell by more than 20 %. The decentralisation of wage bargaining that started in 1983 may have contributed to this by making employment more shock sensitive or by increasing...
Persistent link: https://www.econbiz.de/10011572056
We develop a quantitative framework in which income inequality arises endogenously in response to productivity shocks … inequality and welfare up to first- and second order. Inequality arises in equilibrium due to a combination of changes in income …-improving policies can have strong effects on both welfare and inequality, but the impact is both quantitatively and qualitatively …
Persistent link: https://www.econbiz.de/10013443717
We show that more human capital improves incentives in a standard optimal taxation problem: common assumptions about preferences and technology imply that the disutility of labor decreases less strongly in unobserved ability if agents have more human capital. Human capital thus reduces the...
Persistent link: https://www.econbiz.de/10010483219
This paper uses German linked employer-employee data in order to estimate the impact of intra-firm wage dispersion on the probability that firms pay for continuous training. About half of all firms in the estimation sample cover all direct and indirect training costs, which contradicts the...
Persistent link: https://www.econbiz.de/10010337848
This paper investigates the transferability of human capital across countries and the contribution of imperfect human capital portability to the explanation of the immigrant-native wage gap. Using data for West Germany, our results reveal that, overall, education and labor market experience...
Persistent link: https://www.econbiz.de/10010338940
Using individual income data from university archives, we look at the development of professorial salaries over a time-span covering the Kaiserreich, the Weimar Republic, the Third Reich as well as the Federal Republic of Germany. We find that relative salaries have fallen dramatically, both...
Persistent link: https://www.econbiz.de/10010338943
Despite the increasing occurrence of part-time employment in Germany, the effects on wage rates are rarely studied. I therefore use GSOEP panel data from 1984 to 2010 and apply different econometric approaches and definitions of part-time work to measure the so-called part-time wage gap of both,...
Persistent link: https://www.econbiz.de/10010338945
We estimate the effect of changes in the body mass index on wages and satisfaction in a panel of German employees. Dynamic models indicate that satisfaction with life in general and with health are responsive to weight changes, but wages and satisfaction with work are not. These results mainly...
Persistent link: https://www.econbiz.de/10010339877
This paper examines job polarization at the level of local labor markets in Germany over a 30-year period. The major explanation of job polarization is skill biased technological change (SBTC): new technologies are complementary to high paying jobs but substitute workers in routine manual jobs...
Persistent link: https://www.econbiz.de/10010340528