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Generalized Selection Bias and The Decomposition of Wage Differentials

Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 1999

The major contribution of this paper is ending a new and flexible way to measure the effects of selection on log-wages. In this context, we offer a general approach to performing decomposition analysis when selection effects are present. We call the difference between unconditional and...

Persistent link: https://www.econbiz.de/10005761871

Gender Discrimination Estimation in a Search Model with Matching and Bargaining

Flabbi, Luca - Institute for the Study of Labor (IZA) - 2005

Gender wage differentials, conditional on observed productivity characteristics, have been considered a possible indication of prejudice against women in the labor market. However, there is no conclusive evidence on whether these differentials are due to labor market discrimination or to...

Persistent link: https://www.econbiz.de/10005822321

Decomposition Analysis for a Binary Choice Model

Yun, Myeong-Su - Institute for the Study of Labor (IZA) - 2000

This paper introduces a new and simple decomposition method for a binary choice model that is equivalent to the Blinder-Oaxaca decomposition analysis for wage differentials. The decomposition method is first developed for a single probit model and later generalized to a simultaneous equations...

Persistent link: https://www.econbiz.de/10005233781

Downward Nominal Wage Rigidity in Europe: An Analysis of European Micro Data from the ECHP 1994-2001

Knoppik, Christoph; Beissinger, Thomas - Institute for the Study of Labor (IZA) - 2005

This paper substantially extends the limited available evidence on existence and extent of downward nominal wage rigidity in the European Union and the Euro Area. For this purpose we develop an econometric multi-country model based on Kahn’s (1997) histogram-location approach and apply it to...

Persistent link: https://www.econbiz.de/10005822909

Understanding Inter-Industry Wage Structures in the Euro Area

Genre, Véronique; Kohn, Karsten; Momferatou, Daphne - Institute for the Study of Labor (IZA) - 2009

This paper focuses on the euro area wage structure and its potential determinants from a sectoral viewpoint. Merging information from the OECD Structural Analysis database with data from the EU Labour Force Survey, we construct a cross-country panel of 22 industries in 8 euro area countries for...

Persistent link: https://www.econbiz.de/10005703494

Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - Institute for the Study of Labor (IZA) - 2009

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10008632737

Migration as an Adjustment Mechanism in the Crisis? A Comparison of Europe and the United States

Jauer, Julia; Liebig, Thomas; Martin, John P.; Puhani, … - Institute for the Study of Labor (IZA) - 2014

disparities, in particular within the Eurozone where there is no exchange-rate mechanism available to play this role. We shed some … be absorbed by migration within a year. However, in the Eurozone the reaction mainly stems from migration of third …-country nationals. Even within the group of Eurozone nationals, a significant part of the free mobility stems from immigrants from third …

Persistent link: https://www.econbiz.de/10010884205

Real Unit Labour Costs in Eurozone Countries: Drivers and Clusters

Ordóñez, Javier; Sala, Hector; Silva, José I. - Institute for the Study of Labor (IZA) - 2014

We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong …

Persistent link: https://www.econbiz.de/10010884247

Macroeconomic Volatilities and the Labor Market: First Results from the Euro Experiment

Merkl, Christian; Schmitz, Tom - Institute for the Study of Labor (IZA) - 2010

This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …

Persistent link: https://www.econbiz.de/10008611512

Capital Prices and Eurozone Competitiveness Differentials

Askenazy, Philippe - Institute for the Study of Labor (IZA) - 2013

Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour …

Persistent link: https://www.econbiz.de/10010627845