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Why do employed persons in large firms earn more than employed persons in small firms, even after controlling for observable characteristics? Complementary to previous results, this paper proposes a mechanism that gives an answer to this question. In the model, individuals accumulate human...
Persistent link: https://www.econbiz.de/10005673295
Countries of Central and Eastern Europe experienced a rapid increase of return to education with the advent of the transition. This is well-documented for most of the countries but, until now, there were no empirical studies of the dynamics of wage premiums in post-transition Croatia. This...
Persistent link: https://www.econbiz.de/10005673441
The increase in long-term unemployment and the prolongation of periods of unemployment signals the establishment of a marginalized labor force in the Czech Republic. This paper considers the emerging marginalized groups in the Czech labor market, and their social, mental, and material...
Persistent link: https://www.econbiz.de/10005673564
This paper investigates the flexibility of real wages at the regional level by estimating the wage curve, the … relationship between regional unemployment, and the regional level of wages. For this purpose the authors use a sample of annual … Czech Republic suggested that the regional flexibility of real wages is extraordinarily low. Taking into account the …
Persistent link: https://www.econbiz.de/10005673569
Post World War II European welfare states experienced several decades of relatively low unemployment, followed by a plague of persistently high unemployment since the 1980's. We impute the higher unemployment to welfare states' diminished ability to cope with more turbulent economic times, such...
Persistent link: https://www.econbiz.de/10005780376
Investigating the robustness of the skill-biased technical change hypothesis, this analysis incorporates two novel features. First, effective labor is modeled as the product of a quantity measure - number of employees with a given level of education - and a quality index, depending on, i.a.,...
Persistent link: https://www.econbiz.de/10005780378
In this paper, we consider the impact of displacement (defined as separation from a stable job due to firm closure) in on workers in France. We find that a large share of displaced workers find new jobs without experiencing any interruption in their employment histories, and that falling into...
Persistent link: https://www.econbiz.de/10005780786
Persistent link: https://www.econbiz.de/10005781071
Whilst their products are substituable for the consumer, there exist technological asymmetries across the unionized sectors of an economy. There are high-tech as well as low-tech sectors. We show, that, due to those asymmetries in productivity, inter-sectoral minimum wage agreements may...
Persistent link: https://www.econbiz.de/10005781134
schooling. The returns to women's education for the primary and middle levels have declined while those for secondary and …
Persistent link: https://www.econbiz.de/10005783521