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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/10011967230

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

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

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

Accounting for the cyclical dynamics of income shares

Shao, Enchuan; Silos, Pedro - 2011

Over the business cycle, labor's share of output is negatively but weakly correlated with output, and it lags output by about four quarters. Profit's share is strongly procyclical. It neither leads nor lags output, and its volatility is about four times that of output. Despite the importance of...

Persistent link: https://www.econbiz.de/10008909022

Inequality and employment sensitivities to the falling labour share

Karanassou, Marika; Sala, Hector - 2011

This paper aims at identifying the labour share (wage-productivity gap) as a major factor in the evolution of inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate country-specific systems of labour demand and Gini coefficient...

Persistent link: https://www.econbiz.de/10009157624

Inequality and employment sensitivities to the falling labour share

Karanassou, Marika; Sala, Hector - 2011

Persistent link: https://www.econbiz.de/10009309510

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Math matters : education choices and wage inequality

Rendall, Andrew; Rendall, Michelle - 2014

SBTC is a powerful mechanism in explaining the increasing gap between educated and uneducated wages. However, SBTC … education outcomes, where wages are driven by individuals’ ex ante abilities and acquired math skills. A large portion of within …

Persistent link: https://www.econbiz.de/10010360293

Falling labor share and rising unemployment : long-run consequences of institutional shocks?

Berthold, Norbert; Fehn, Rainer; Thode, Eric - 1999

employment. It is shown that the usual trade off between employment and wages disappears in the long run. In line with an …

Persistent link: https://www.econbiz.de/10010495336

Sticky wages in search and matching models in the short and long run

Reicher, Christopher Phillip - 2011

bargaining. It turns out that there is a strong tradeoff inherent in assuming that previously bargained sticky wages apply to new … hires. If sticky wages apply to new hires, then the staggered Nash bargaining model can generate realistic volatility in …. This finding is robust to including a microeconomically realistic degree of indexation of wages to inflation. The lack of a …

Persistent link: https://www.econbiz.de/10009232255

The political economy of meritocracy : a post-Kaleckian, post-Olsonian approach to unemployment and income inequality in modern varieties of capitalism

Heise, Arne (contributor) - 2005

The 'big trade-off', described by Arthur Okun some thirty years ago, is back again. Equality or efficiency, or to put it differently again: modern highly developed economies and societies have to choose between the Scylla of income inequality or the Charybdis of unemployment. Furthermore, it...

Persistent link: https://www.econbiz.de/10003200803

Government Debt and Not Performing Loans : A Panel Data Analysis for Europe and the United States

Georgiou, Miltiades N. - 2011

sector at stake since the volume of not performing loans goes up. The estimation of the model is made feasible through the …

Persistent link: https://www.econbiz.de/10013118875