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Average real UK household income has almost doubled over the past forty years. With four decades of micro-data on household incomes, and relatively simple decomposition methods, we document the contribution to this growth in the mean net household income of working-age households from different...
Persistent link: https://www.econbiz.de/10009528831
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10011398011
revisional property of the NAIRU is also examined, as well as the forecast capacity of the unemployment gap with regard to wages … perspective, because the vast majority of estimates in the literature use wages to provide an estimate of the unemployment gap …. Therefore, an indicator which does not use wages at all to estimate the unemployment gap performs the best in forecasting wage …
Persistent link: https://www.econbiz.de/10011399270
dramatic growth of domestic outsourcing in Germany since the early 1990s. Event-study analyses show that wages in outsourced …
Persistent link: https://www.econbiz.de/10011399560
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insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … both in our sample and across studies, reconciling disparate wage-effect estimates. Empirically, UI raises wages by …
Persistent link: https://www.econbiz.de/10010517037
improves work conditions in small and medium enterprises in Vietnam. Certified firms pay higher wages on average. They are also …
Persistent link: https://www.econbiz.de/10010517068
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the quality of the work found by the unemployed. This quality rise, in terms of both wages and duration, can be achieved …
Persistent link: https://www.econbiz.de/10011416465