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much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …
Persistent link: https://www.econbiz.de/10014119494
This paper investigates relative earnings of individuals leaving tertiary education without a degree across 18 European countries employing survey data on adult workers. We find that, on average, university dropouts earn 8% more than those never enrolling into tertiary education, but 25% less...
Persistent link: https://www.econbiz.de/10013250810
-level panel data from the Survey of Health, Ageing and Retirement in Europe to estimate a system of equations for health, wages … that for all country groups, the mediating role of wages in the health-employment nexus is relatively small while the …
Persistent link: https://www.econbiz.de/10013084785
. Our findings confirm the presence of wage rigidities in Europe: first, collective pay agreements reduce the probability of …
Persistent link: https://www.econbiz.de/10012945757
, Spain, France, the Netherlands and the US. Based on the estimated parameters, we derive time-varying elasticities of wages …
Persistent link: https://www.econbiz.de/10012758123
Recession (GR) — which started in Europe in 2008 — we gain insights into whether and how the current crisis has altered the … relationship between health and wages. Our results provide empirical evidence of measurement error in the self-reported health … variable when estimating its impact on wages for men, and of selectivity bias in wages for both men and women. We also show …
Persistent link: https://www.econbiz.de/10013017023
the estimated parameter elasticities of wages with respect to labour productivity, value added and consumer prices, taxes … prices in the formation of wages in the seventies and eighties was taken over by labour productivity in the US and …
Persistent link: https://www.econbiz.de/10012717204
norms on wages. Our approach allows for disentangling the influence of the social norm from any (anticipated) productivity …
Persistent link: https://www.econbiz.de/10013317415
. Our findings confirm the presence of wage rigidities in Europe: first, collective pay agreements reduce the probability of …
Persistent link: https://www.econbiz.de/10012947585
-ability students select into higher education. Additional tests show that the results are unlikely to be driven by sample selection …
Persistent link: https://www.econbiz.de/10010498488