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-sector wages, more nepotism in public-sector hiring lowers the unemployment rate because it limits the size of queues for public …
Persistent link: https://www.econbiz.de/10012194928
-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for increases … in wages, hours or promotions when they have more outside options, namely other employers who want to hire them. I test … markets are associated with higher wages growth, including for those who stay in their jobs. A 1 percentage point increase in …
Persistent link: https://www.econbiz.de/10012138131
crucial to understand the main labor market outcomes of such economies. Wages offered by the public sector increase the … increase of the offered wages in the public sector observed at the same time. …
Persistent link: https://www.econbiz.de/10011732030
This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a high-pressure economy during the preceding...
Persistent link: https://www.econbiz.de/10011791237
sector wages observed at the same time. …
Persistent link: https://www.econbiz.de/10011622730
Labor markets are characterized by large heterogeneity in job stability. Some workers hold lifetime jobs, whereas others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using Survey of Consumer Finances (SCF) data, we document a...
Persistent link: https://www.econbiz.de/10012316760
Labor markets are characterized by large heterogeneity in job stability. Some workers hold lifetime jobs, whereas others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using Survey of Consumer Finances (SCF) data, we document a...
Persistent link: https://www.econbiz.de/10012316968
How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …
Persistent link: https://www.econbiz.de/10011869894
How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …
Persistent link: https://www.econbiz.de/10011872260
This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that we explain several stylized facts on the labour market using new secondary data on population, employment and unemployment based on Sudan Central Bureau of Statistics 2010 the...
Persistent link: https://www.econbiz.de/10010856356