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Sectoral labor income share dynamics : cross-country evidence from a novel dataset

Oishi, Yoko; Paul, Saumik - 2018

Despite steady growth of the literature on labor income share, empirical studies are mostly limited to country-level analyses. At the sectoral level, data on labor income share are available only for advanced countries. This paper overcomes this constraint and provides some preliminary outcomes...

Persistent link: https://www.econbiz.de/10011904497

Technology and Wage Share of Older Workers

Park, Donghyun; Shin, Kwanho - 2023

Technological progress may be less beneficial for older workers than younger workers. In this paper, we empirically examine the impact of technological change on the wage share of older workers. More specifically, we look at five different types of technological advancement using data from 30...

Persistent link: https://www.econbiz.de/10014356005

Employment and Reallocation Effects of Higher Minimum Wages

Drechsel-Grau, Moritz - 2023

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … worker and firm heterogeneity. I find that minimum wages up to 70% of the median wage significantly increase productivity …

Persistent link: https://www.econbiz.de/10014356608

The Effect of Aging on the Age-wage Profile

Inoue, Toshikatsu - 2020

This study quantifies the effect of aging on the age-wage profile, using data from Japan, which is the fastest aging country in the world. Using a model with imperfect substitution among labor inputs in different age groups, we obtain two findings. First, the change in age composition of male...

Persistent link: https://www.econbiz.de/10012847089

The Agricultural Productivity Gap and Self-Employment Bias in the Labor Income Share

Paul, Saumik - 2020

We propose a theory-based adjustment to the labor income share to correct for the self-employment bias. Through a two-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in terms of the agricultural productivity...

Persistent link: https://www.econbiz.de/10012829919

Understanding U.S. Wage Dynamics

Abdih, Yasser - 2018

, although this effect has become weaker since 2008. But there isdownward pressure on wages for individuals with occupations that …

Persistent link: https://www.econbiz.de/10012913885

Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - 2003

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …

Persistent link: https://www.econbiz.de/10014132720

What Can We Learn from Idiosyncratic Wage Changes?

Doniger, Cynthia - 2021

willingness to negotiate wages have greater concentrations of idiosyncratic revisions. An on-the-job search model with …

Persistent link: https://www.econbiz.de/10013216586

On the Effects of Wage Pressure on the Unemployment Rate and Capital Share

Ohno, Takashi - 2015

The purpose of this paper is to understand the behaviour of the capital share and the unemployment rate in Europe over the past quarter of a century. We consider a model with monopolistic competition, increasing returns and an imperfect labour market, assuming that the elasticity between capital...

Persistent link: https://www.econbiz.de/10013015336

Vacancy durations and entry wages : evidence from linked vacancy-employer-employee data

Kettemann, Andreas; Müller, Andreas; Zweimüller, Josef - 2018

establishment growth, vacancy filling and entry wages, we calibrate a model with directed search and ex-ante heterogeneous workers … response of vacancy filling to firm-level wages. We discuss the implications of this finding as well as potential resolutions. …

Persistent link: https://www.econbiz.de/10011916402