This study analyzes earnings volatility in Austria from 1980 to 2018, providing a comprehensive view of individual income instability and its demographic and structural determinants. Using administrative data, we examine volatility trends by gender, age, earnings deciles, and employment...

No empirical evidence has ever been reported that the large inflow of accession immigrants - following the 2004 expansion of the European Union - led to a fall in wages or employment, or a rise in unemployment in the UK between 2004 and 2006. This immigration shock was unexpectedly larger and...

This report replicates the study by Belot et al. (2022), which investigates how posted wages affect labor supply through a field experiment using a job platform with varying wage postings. The paper's main finding is that a higher wage increases job seekers' interest in a vacancy, a result at...

We show that workers use outside options to extract match-specific rents. Exploiting unique data on worker skills, we construct a measure of match quality based on the relationship between workers’ multidimensional skills and job-specific skill requirements. Focusing on job-to-job movers, we...

We study the labour market impact of immigration to the United Kingdom, focusing on the large inflows following the 2004 EU enlargement. Using the Lifetime Labour Market Database (LLMDB) - a longitudinal 1% sample of National Insurance records - we provide the first analysis of immigration's...

This paper examines the relationship between firm productivity, wage dynamics, and employment patterns in Ethiopia's manufacturing sector, using firm-level data from the Large and Medium Manufacturing and Electricity Industries Survey (LIMMS) for 2018-2020. In line with the objectives of the...

This study examines the labor market impacts of Canada's 2014 reforms to the Temporary Foreign Worker Program (TFWP), which introduced stricter limits on hiring low-skilled foreign workers. Using a difference-in-differences framework with Labour Force Survey data from 2005 to 2019, we compare...

Over the last thirty years, there have been significant changes in several empirical measures of local labor market monopsony power. A monopsonist has a profit incentive to offer lower wages to local workers. High skilled mobile workers can avoid these lower wages by moving to other more...

We specify an empirical model of US inflation which has the dynamics of wage and price setting at its core. In the dynamic wage equation an equilibrium-correction term connects the wage level to industrial prosperity indicators. In that way, the role of wage setting in the dynamics of the...

We analyze the impact of occupational deregulation on the wages of licensed workers. To do so, we exploit a deregulation policy in the German craft sector that removed the master certificate as a requirement for starting a business in about half of the craft occupations. Specifically, we examine...

We examine how agglomeration economies have influenced labour earnings in France over forty years. First, we define cities dynamically to account for their changing footprints. Our findings show that aggregate wage growth is mainly driven by growth in larger cities, rather than smaller ones or...

This paper reviews the literature on firm wage differences and the fixed effects methods typically used to measure these differences. High wage firms tend to be more productive, larger, more sought after by workers, and to employ more credentialed and higher wage workers. The latest evidence...

We examine how agglomeration economies have influenced labour earnings in France over forty years. First, we define cities dynamically to account for their changing footprints. Our findings show that aggregate wage growth is mainly driven by growth in larger cities, rather than smaller ones or...

We investigate whether employees in Germany benefit from public bank guarantees in terms of employment probability and wages. To that end, we exploit the removal of public bank guarantees in Germany in 2001 as a quasi-natural experiment. Our results show that bank guarantees lead to higher...

We study the effects of the unionization of faculty at Canadian universities from 1970-2022 using an event-study design. Using administrative data which covers the full universe of faculty salaries, we find strong evidence that unionization leads to both average salary gains and compression of...

The impact of immigration on native workers' wages has been a topic of long-standing debate. This meta-analysis reviews 42 studies published between 1987 to 2019, offering a comprehensive assessment of reduced-form estimates of the wage effect of immigration. The results confirm that immigration...

We study the link between expected inflation and wages using novel panel data from German firms and employees. We find that pass-through - the percentage point change in wage growth given a one percentage point change in expected inflation - is small: 0.11-0.17 for firms and 0.03-0.07 for...

We study the link between expected inflation and wages using novel panel data from German firms and employees. We find that pass-through—the percentage point change in wage growth given a one percentage point change in expected inflation—is small: 0.11–0.17 for firms and 0.03–0.07 for...

A sizeable literature analyses how immigration affects attitudes towards migrants and discusses differences between socio-economic groups and their potential correlation with perceived concerns about labour market competition. Against the background of the large-scale influx of refugees into...

Public sector jobs are established by governments to directly provide goods and services. Governments may also choose to regulate the size of the public sector in order to stabilize targeted national employment levels. However, economic research suggests that these effects are uncertain and...

Good measures of labor market tightness are essential to predict wage inflation and to calibrate monetary policy. This paper highlights the importance of two measures of labor market tightness in determining wage growth: the quits rate and vacancies per effective searcher (V/ES)-where searchers...

A sizeable literature analyses how immigration affects attitudes towards migrants and discusses differences between socio-economic groups and their potential correlation with perceived concerns about labour market competition. Against the background of the large-scale influx of refugees into...

We specify an empirical model of US inflation which has the dynamics of wage and price setting at its core. In the dynamic wage equation an equilibrium-correction term connects the wage level to industrial prosperity indicators. In that way, the role of wage setting in the dynamics of the...

Over the last thirty years, there have been significant changes in several empirical measures of local labor market monopsony power. A monopsonist has a profit incentive to offer lower wages to local workers. High skilled mobile workers can avoid these lower wages by moving to other more...