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It is increasingly recognized that labor markets are pervasively imperfectly competitive, that there are rents to the employment relationship for both worker and employer. This chapter considers why it is sensible to think of labor markets as imperfectly competitive, reviews estimates on the...
Persistent link: https://www.econbiz.de/10009642952
This paper shows the employment structure of 16 European countries has been polarizing in recent years with the employment shares of managers, professionals and low-paid personal services workers increasing at the expense of the employment shares of middling manufacturing and routine office...
Persistent link: https://www.econbiz.de/10009643554
We reassess the effect of state and federal minimum wages on U.S. earnings inequality, attending to two issues that appear to bias earlier work: violation of the assumed independence of state wage levels and state wage dispersion, and errors-in-variables that inflate impact estimates via an...
Persistent link: https://www.econbiz.de/10009643566
Alan Manning describes CEP's role in providing the intellectual context for the policy, advising on its implementation and evaluating its impact.
Persistent link: https://www.econbiz.de/10009643576
Alan Manning questions the value of researchers conducting debates about economic policy through the pages of newspapers.
Persistent link: https://www.econbiz.de/10009645874
Research suggests that, at the levels set in countries like the US and the UK, minimum wages have little effect on employment but do have impacts on wage inequality. However we lack models that can explain these facts - this paper presents one based on imperfect labour markets. The paper also...
Persistent link: https://www.econbiz.de/10010593591
Research suggests that, at the levels set in countries like the US and the UK, minimum wages have little effect on employment but do have impacts on wage inequality. However we lack models that can explain these facts – this paper presents one based on imperfect labour markets. The paper also...
Persistent link: https://www.econbiz.de/10010593717
This paper develops a simple and empirically tractable model of labor demand to explain recent changes in the occupational structure of employment as a result of technology, offshoring and institutions. This framework takes account not just of direct effects but indirect effects through induced...
Persistent link: https://www.econbiz.de/10010539136
There is an enormous literature on gender gaps in pay and labour market participation but virtually no literature on gender gaps in unemployment rates. Although there are some countries in which there is essentially no gender gap in unemployment, there are others in which the female unemployment...
Persistent link: https://www.econbiz.de/10010547467
A central concern about immigration is the integration into the labour market, not only of the first generation, but also of subsequent generations. Little comparative work exists for Europe's largest economies. France, Germany and the UK have all become, perhaps unwittingly, countries with...
Persistent link: https://www.econbiz.de/10009317985