Showing 1 - 10 of 103
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 analyzes wage assimilation of ethnic German immigrants to Germany. We use unique administrative data that include a standardized measure of immigrants' pre-migration wage based on occupation, industry, tenure, qualification, and the German wage structure. We find that immigrants...
Persistent link: https://www.econbiz.de/10010341074
The long-term earnings losses of displaced workers are substantial. We investigate the role of post-displacement occupational matching in explaining the cost of job displacement. We combine German administrative data on the work history of displaced workers with information on the task content...
Persistent link: https://www.econbiz.de/10010343781
This paper presents an analytical setup that makes predictions for the relationships between firm and occupation specific human capital and job switches. The predictions are then tested using the task based approach. The results, based on data for Germany, show that the degree to which firm...
Persistent link: https://www.econbiz.de/10010343786
We assess the relevance of formal education on the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...
Persistent link: https://www.econbiz.de/10010344606
In the present paper I provide novel evidence on the formation of the gender pay gap with respect to directly measured job task contents. Using high-quality administrative employment data for Germany, and augmenting these by individual-level task information, I provide detailed evidence on the...
Persistent link: https://www.econbiz.de/10010483888