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to maintain their real wages by reducing labor demand still further. Furthermore, we argue inflationary pressures have …
Persistent link: https://www.econbiz.de/10013448558
The 2008 Great Recession was notable in the UK for three things: the enormity of the output shock; the muted unemployment response; and the very slow rate of recovery. We review the literature which finds most of the decline in productivity is within sector and within firm before presenting new...
Persistent link: https://www.econbiz.de/10011288222
The 2008 Great Recession was notable in the UK for three things: the enormity of the output shock; the muted unemployment response; and the very slow rate of recovery. We review the literature which finds most of the decline in productivity is within sector and within firm before presenting new...
Persistent link: https://www.econbiz.de/10011281607
The 2008 Great Recession was notable in the UK for three things: the enormity of the output shock; the muted unemployment response; and the very slow rate of recovery. We review the literature which finds most of the decline in productivity is within sector and within firm before presenting new...
Persistent link: https://www.econbiz.de/10013016400
Persistent link: https://www.econbiz.de/10014383455
inequality that has become a central topic in economic analysis and policy debate. It decomposes changes in the variance of log … earnings within-establishments and finds that much of the 1970s-2010s increase in earnings inequality results from increased … direct attention to the fundamental role of establishment-level pay setting and economic adjustments in earnings inequality. …
Persistent link: https://www.econbiz.de/10010403444
After shrinking dramatically during World War Two the gender wage gap (GWG) narrowed again in the early 1970s due to the Equal Pay Act. The GWG has closed across birth cohorts at all points in the adult life-cycle but remains. Within birth cohort it rises to middle age before falling again....
Persistent link: https://www.econbiz.de/10012227823
After shrinking dramatically during World War Two the gender wage gap (GWG) narrowed again in the early 1970s due to the Equal Pay Act. The GWG has closed across birth cohorts at all points in the adult life-cycle but remains. Within birth cohort it rises to middle age before falling again....
Persistent link: https://www.econbiz.de/10012833228
Persistent link: https://www.econbiz.de/10014229138
wages. Adjusting for positive selection into employment increases the size of the gender wage gap in earlier cohorts, but … selection is not apparent in the two most recent cohorts. Thus the rate of convergence in the wages of young men and women is …
Persistent link: https://www.econbiz.de/10014260530