We use a rich personnel data set from a Russian firm for the years 1997 to 2002 to analyze how the firm adjusts wages and employment during this period in which local labor market conditions changed in the aftermath of the financial crisis in 1998. We relate the development of turnover and wages...

The strong wage effects related to mismatches between a workers education and that required in the job are usually attributed to assignment theory. This theory asserts that productivity and wages depend on the education-job match, which determines the utilization of skills. However, recent...

In recent years, British labour markets have been characterised by a decline of institutional regulation of entry routes into many occupations and internal labour markets. This paper examines this change by comparing occupational labour markets for selected occupations in which institutional...

We provide a detailed descriptive analysis of the long-term effects of the 50 percent public sector wage increase initiated by the government in 2002 in order to improve the relative situation of public sector workers. The aim of this policy was to attract high quality workers to the public...

The purpose of this paper is to ascertain how wages are being determined in China during the reform period. The paper focuses on the development of the regulatory framework since 1978 and proceeds by examining official regulations regarding labor market institutions and wage setting, and by...

In an analysis of US wages and salaries by sex, age and educational attainment between 1969 and 2008, we find that median wages and salaries of males with no more than a high school diploma have fallen over more than four decades for all but the oldest age group, which made only marginal gains....

Comparisons of national labor market performance have conventionally relied on standard unemployment and employment rates (UR and ER) and these two 'quantity-of-employment' indicators have framed policy debates on the merits of reforms that would move European labor markets closer to the...

This paper analyzes whether defaults affect the choice for courses followed at work. In addition, we analyze whether the size of the default effect varies with employees’ personality and skill-deficiencies. We perform an experiment in which workers are hypothetically offered three courses...

Educational quality is a challenged facing the South African schooling system. It is widely acknowledged that teachers play a central role in the quality of education received by students, and that the quality of teachers is largely dependent on the wage they are offered in the teaching...