The green transformation of the economy is expected to lead to a sharp reduction in employment in carbon-intensive industries. For designing policies to support displaced workers, it is crucial to better understand the cost of job loss, whether there are specific effects of being displaced from...

We analyze the effect of CEO pay disclosure on wage distribution by exploiting a 1998 reform requiring Italian publicly listed companies to disclose top executives' compensation. In firms where CEOs disclose high total compensation, the top 5 percent and 1 percent of the within-firm wage...

The phenomenon of overqualification is becoming increasingly common across many countries. In this research study, the main objective is to examine factors that determine overqualification, the impact of overqualification on wages, and the earning differences between genders in the case of...

The phenomenon of overqualification is becoming increasingly common across many countries. In this research study, the main objective is to examine factors that determine overqualification, the impact of overqualification on wages, and the earning differences between genders in the case of...

Nach der Wirtschafts- und Finanzkrise setzte ein Aufschwung auf dem Arbeitsmarkt ein, der Spielraum für eine vergleichsweise expansive Lohnpolitik eröffnete. Dieser Spielraum schlug sich vor allem in der Effektivlohnentwicklung nieder. Während die Tarifverdienste seit 2010 um insgesamt 37,7...

What are the economic returns to education in Australia? Using data from the 2018- 2022 waves of the Household, Income and Labour Dynamics in Australia survey, and taking account of existing estimates of ability bias and social returns to schooling, I estimate the economic return to various...

A quantitative model of two-sided search with ex-ante heterogeneity in both worker and entrepreneurial skills is proposed. It is possible to characterize both the competitive equilibrium and the optimal solution numerically. The competitive equilibrium is shown to be suboptimal. Less-skilled...

Between 2004 and 2018, the spread of wages in Mexico's private labor sector remained stable. Nonetheless, the underlying factors behind salary dispersion underwent significant shifts. To uncover these changes, we analyze an employer-employee dataset comprising the near-universe of Mexico's...

This paper examines whether former foreign MNE workers help domestic startup firms succeed. I find evidence consistent with the idea that, as founding workers, former MNE workers positively contribute to startup outcomes. However, this appears conditional on survival. Using an event study...

Although theory predicts that international trade will decrease the relative demand for skilled workers in relatively skill-deficit countries, in recent decades many developing countries have experienced rising wage premiums for skilled workers. We examines this puzzle by quantifying the...