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We test whether firms react to changes in the wages and size of their competitors. We use a unique institutional feature of public procurement auctions in Brazil: the moment in which the auction ends is random. For close auctions, winner and runner-up are as good as randomly assigned. We first...
Persistent link: https://www.econbiz.de/10015396075
Theoretical debate suggests at least three strategies for firms to provide training to employees in the same job … providing the same level of training to all workers in the same job position and setting this level according to the average …
Persistent link: https://www.econbiz.de/10013272952
This paper adopts a neoclassical framework to study the effect of age composition of the working-age population on labour productivity and its determinants, based on an unbalanced panel of 64 non-oil-producing countries, over the period 1950-2017. Our first contribution comes from testing...
Persistent link: https://www.econbiz.de/10012317767
The own-wage elasticity of labor demand measures the effect of higher wages on firms’ demand for labor and, thus, determines the impact of supply shocks, minimum wages, and collective wage agreements on the labor market. I carry out a comprehensive meta-analysis to shed light on the nature of...
Persistent link: https://www.econbiz.de/10014430029
There is a concern among social scientists and policymakers that the COVID-19 crisis might permanently change the nature of work. We study how labor demand in Mexico has been affected during the pandemic by web scraping job ads from a leading job search website. As in the U.S., the number of...
Persistent link: https://www.econbiz.de/10012594205
Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over 2 years, we show that workers tend to systematically and persistently overpredict their productivity. If workers are overconfident about their own productivity at the current firm relative to...
Persistent link: https://www.econbiz.de/10012202367
This work provides evidence of the effect of innovation on employment in two countries where this impact has not been previously analysed: Mexico and Ecuador. Following the method proposed by Harrison et al. (2014), we find that introducing new products in the market positively affects...
Persistent link: https://www.econbiz.de/10014450838
This paper investigates the dynamics associated with inequality in EU member states. The variation of the Gini coefficient is analyzed from different perspectives: economic growth, certain macroeconomic variables, socio-demographic environment and historical, political and cultural environment....
Persistent link: https://www.econbiz.de/10012939956
Our study uses 24 waves of the survey Establishments in the COVID-19 crisis (BeCOVID), a high-frequency dataset collected at monthly intervals by the Institute for Employment Research during the COVID-19 pandemic, to investigate the behaviour of establishments with respect to the dynamics of...
Persistent link: https://www.econbiz.de/10014321564
We evaluate the influence on the skill premium of the task content of jobs by exploiting the text data from online job ads covering 2009-2018 (over 189,000 ads) published by one of the leading Chilean online job portals (www.trabajando.com). Our analysis tests the expected complementarity...
Persistent link: https://www.econbiz.de/10015372645