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We find robust evidence that cohorts of graduates who enter college during worse economic times earn higher average wages than those who enter during better times. This difference is not explained by differences in economic conditions at the time of college graduation, changes in field of study...
Persistent link: https://www.econbiz.de/10012197284
We analyze the impact of economic conditions at arrival on the economic integration of family-sponsored migrants in the U.S. A one pp higher unemployment rate at arrival decreases annual wage income by four percent in the short run and two percent in the longer run. The loss in wage income...
Persistent link: https://www.econbiz.de/10013554028
-level imports by country of origin and distinguish betweenfirm-level outsourcing of nal versus intfirmediate goods. Results indicate … that, both industry-level import competition andfirm-level outsourcing to China reducefirm employment growth and induce … skill upgrading. In contrast, industry-level imports have no e ect on Belgianfirm survival, whilefirm-level outsourcing of …
Persistent link: https://www.econbiz.de/10010313421
-level imports by country of origin and distinguish between firm-level outsourcing of final versus intermediate goods. Results … indicate that, both industry-level import competition and firm-level outsourcing to China reduce firm employment growth and …-level outsourcing of finished goods to China even increased firm's probability of survival. In terms of skill upgrading, the effect of …
Persistent link: https://www.econbiz.de/10011506714
-level imports by country of origin and distinguish between firm-level outsourcing of final versus intermediate goods. Results … indicate that, both industry-level import competition and firm-level outsourcing to China reduce firm employment growth and …-level outsourcing of finished goods to China even increased firm's probability of survival. In terms of skill upgrading, the effect of …
Persistent link: https://www.econbiz.de/10011596524
Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor market conditions. Specifically, it explores whether the data is more consistent with implicit contract models (Beaudry/DiNardo, 1991) or a matching model with on-the-job search and...
Persistent link: https://www.econbiz.de/10011580341
Utilizing registry data for all Norwegian males born in 1959-1973, I demonstrate that local unemployment rates at the typical age of graduation from compulsory school (age 16) and highschool (age 19) have persistent, negative effects on males' earnings, employment, and disability pension...
Persistent link: https://www.econbiz.de/10011968605
Using administrative employer-employee data from Germany, we investigate the relationship between wages and past and present labor market conditions. Furthermore, we revisit recent findings of greater wage cyclicality of new hires. Overall, we find strong evidence for history dependent wages,...
Persistent link: https://www.econbiz.de/10012028068
This paper investigates the relative cyclical behavior of the pay of piece workers and hourly paid workers. It uses a unique data set of blue-collar workers in British engineering between 1926 and 1966. The statistics are obtained from the payrolls of firms belonging to the Engineering Employers...
Persistent link: https://www.econbiz.de/10010267830
Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume wages are rigid. We explore whether this explanation is consistent with the data. We show that the wage of newly hired workers, unlike the aggregate wage, is volatile and...
Persistent link: https://www.econbiz.de/10010270767