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wages pressure on highly leveraged firms, primarily due to employees’improved job security offered by the law. Particularly … leverage and wages, showing a positive side of the laborprotection law in lowering labor costs for highly leveraged firms …
Persistent link: https://www.econbiz.de/10013219796
We exploit panel data and large, abrupt, and unusual dislocations of Indonesian workers in the wake of the Asian Financial Crisis to investigate the robustness and persistence of inter‐industry wage differentials (IWDs). Unobserved worker characteristics explain 36% of IWDs. IWDs persist...
Persistent link: https://www.econbiz.de/10013037725
This paper uses the Austrian Social Security Register (ASSD) to explore what information firms infer from the three common types of displacement: individual layoffs, individuals displaced due to a closure and individuals displaced due to a mass layoff. I bring together two strands of the...
Persistent link: https://www.econbiz.de/10011346047
This paper explores the impact of undocumented as opposed to documented immigration in a model featuring search … immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining …, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter …
Persistent link: https://www.econbiz.de/10011688026
This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985- 2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted...
Persistent link: https://www.econbiz.de/10012694689
This paper investigates short and long-run effects of trade liberalization on employment and wages. Employment and wage … causality is unidirectional. Wages strongly causes employment but employment does not cause wages. There is significant …
Persistent link: https://www.econbiz.de/10013320099
Job levels summarize the complexity, autonomy, and responsibility of task execution. Conceptually, job levels are related to the organization of production, are distinct from occupations, and can be constructed from data on task execution. We highlight their empirical role in matched...
Persistent link: https://www.econbiz.de/10014284588
Job levels summarize the complexity, autonomy, and responsibility of task execution. Conceptually, job levels are related to the organization of production, are distinct from occupations, and can be constructed from data on task execution. We highlight their empirical role in matched...
Persistent link: https://www.econbiz.de/10014285786
Job levels summarize the complexity, autonomy, and responsibility of task execution. Conceptually, job levels are related to the organization of production, are distinct from occupations, and can be constructed from data on task execution. We highlight their empirical role in matched...
Persistent link: https://www.econbiz.de/10014303702
This paper analyzes earnings inequality and earnings dynamics in Sweden over 1985-2016. The deep recession in the early 1990s marks a historic turning point with a massive increase in earnings inequality and earnings volatility, and the impact of the recession and the recovery from it lasted for...
Persistent link: https://www.econbiz.de/10014306326