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International comparisons of minimum-wage levels have largely focused on the gross value of minimum wages, ignoring the effects of taxation on both labour costs and the net income of employees. This paper presents estimates of the tax burdens facing minimum-wage workers. These are used as a...
Persistent link: https://www.econbiz.de/10012445052
Rapid economic growth over the past two decades has substantially increased employment in Luxembourg, which has largely been met by in–flows of cross–border workers and, to a lesser extent, immigration. Unemployment has remained low compared to other European countries. These significant...
Persistent link: https://www.econbiz.de/10012446156
The centralised wage agreements have helped to contain inflation. There is evidence that wage increases were more moderate when a central agreement was concluded than in periods when no central agreement was reached. Nevertheless, there is also evidence that centralised wage setting has had some...
Persistent link: https://www.econbiz.de/10012446438
This article sheds new light on the portability of human capital. We estimate the returns to source country experiences, viz., general, occupation-specific, and task-specific experiences, using data from the New Immigrant Survey (NIS), conducted in 2003. While the "returns to general experience"...
Persistent link: https://www.econbiz.de/10012303199
The full potential of digital technologies remains unrealised and their benefits unequally shared because of insufficient investment in enabling intangible assets and communication networks within and across countries. The COVID-19 shock poses new challenges and opportunities. Drawing on past...
Persistent link: https://www.econbiz.de/10012801175
We find that each of the past four generations of Americans was better off than the previous one, using a post-tax, post-transfer income measure constructed annually from 1963-2022 based on the Current Population Survey Annual Social and Economic Supplement. At age 36-40, Millennials had a real...
Persistent link: https://www.econbiz.de/10014492200
This paper successfully replicates Autor et al. (2008) and extends their analysis through 2022. The extension to an additional 17 years of analysis underscores the original finding that rising wage inequality was not an episodic event of the 1980s. That being said, overall 90/10 inequality and...
Persistent link: https://www.econbiz.de/10014567548
Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms across 16 countries in Latin America. Leveraging information on export destinations, as well as exchange rate and price data, we construct exchange rate-driven shocks to the...
Persistent link: https://www.econbiz.de/10014529884
Using establishment-level data from the World Bank Enterprise Survey, we assess the market power of exporting firms across 16 countries in Latin America. Leveraging information on export destinations, as well as exchange rate and price data, we construct exchange rate-driven shocks to the...
Persistent link: https://www.econbiz.de/10014563902
This paper describes the patterns of worker turnover in selected Latin American countries and their implications for wage inequality. It documents a higher positive annual wage growth rate for job to job changers compared to stayers, due to turnover capturing the immediate gains from search...
Persistent link: https://www.econbiz.de/10014563924