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encompass between-job wage movements linked to promotions or demotions while job spells don't. Using a 1% sample of the British … any positive effects of job-specific human capital on wage growth within jobs are outweighed by the effects of job changes …
Persistent link: https://www.econbiz.de/10010658705
A major objective of the government during the Great Recession has been severely to restrict public sector real wage … growth. One potential advantage of performance-related pay schemes is that they naturally offer greater wage responsiveness …
Persistent link: https://www.econbiz.de/10011135887
cost of monitoring output. A timeworker receives a fixed wage rate per hour that, in the short term, does not vary with …
Persistent link: https://www.econbiz.de/10011573644
Using the British New Earnings Survey Panel Data from 1980 to 2001, this paper examines male and female real wage … standard wage rates. Special features include (a) differentiating between white- and blue-collar workers, (b) delineating job … hourly wage earnings and hourly wage rates. Wage cyclicality in Britain is found to be significantly greater than comparable …
Persistent link: https://www.econbiz.de/10010261598
through the analysis of individual wage sequences. These suggest that the downwardly rigid wage sequences implied by implicit …
Persistent link: https://www.econbiz.de/10010262212
In the time domain, the observed cyclical behavior of the real wage hides a range of economic influences that give rise … to cycles of differing lengths and amplitudes. This may serve to produce a distorted picture of wage cyclicality. Here … production or employment-based measures of the cycle (multivariate). In the multivariate dimension, we derive methods for …
Persistent link: https://www.econbiz.de/10010262530
combined to influence real wage growth. By contrast, the external effects of unemployment and replacement rates had much less … impact. Empirical work is undertaken against the background of an efficient bargaining model that embraces employment, hours …
Persistent link: https://www.econbiz.de/10010262702
-compatible payment methods? This paper examines the relative employment and wage effects on pieceworkers and timeworkers. Empirical work …The British engineering industry experienced extreme production and employment pressures during the rearmament period … changes in employment and hours, and (d) relative changes in hourly and weekly pay. …
Persistent link: https://www.econbiz.de/10010267631
Using the British New Earnings Survey Panel Data (NESPD) for the period 1975 to 2001 we estimate the wage cyclicality … than those of stayers. Notwithstanding, a decomposition shows that in Britain, wage cyclicality arises almost entirely from … little evidence for rigid wage models that imply that employers use changes in job titles as a means of adjusting wages to …
Persistent link: https://www.econbiz.de/10010267691
This paper investigates the relative cyclical behavior of the pay of piece workers and hourly paid workers. It uses a unique data set of blue-collar workers in British engineering between 1926 and 1966. The statistics are obtained from the payrolls of firms belonging to the Engineering Employers...
Persistent link: https://www.econbiz.de/10010267830