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sample of professionals is decomposed into several subsamples: men and women, and within each gender a distinction is made …). Comparisons by gender and ethnicity can then be made. Characteristics (endowments) and wage structures of the four groups are …
Persistent link: https://www.econbiz.de/10005124131
, breakdowns are provided by ethnic origin, marital status, age and education level. While most of the results are both expected … National Insurance Institute. The Paper focuses on gender differences in work history patterns and, within each gender …’s labour market attachment is stronger than is generally presumed. Gender differences in employment interruptions are greater …
Persistent link: https://www.econbiz.de/10005136575
In this paper, we provide compelling evidence that cyclical factors account for the bulk of the post-2007 decline in the U.S. labor force participation rate. We then proceed to formulate a stylized New Keynesian model in which labor force participation is essentially acyclical during "normal...
Persistent link: https://www.econbiz.de/10011084036
We provide new evidence that large firms or establishments are more sensitive than small ones to business cycle conditions. Larger employers shed proportionally more jobs in recessions and create more of their new jobs late in expansions, both in gross and net terms. The differential growth rate...
Persistent link: https://www.econbiz.de/10005662047
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First,...
Persistent link: https://www.econbiz.de/10011083713
substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10005656354
Until the early decades of the 20th century, women spent more than 60% of their prime-age years either pregnant or …
Persistent link: https://www.econbiz.de/10005666426
This paper proposes a dynamic stochastic general equilibrium model in which the government-consumption multiplier doubles when unemployment rises from 5% to 8%. Theoretically, such countercyclicality arises because of a nonlinearity, namely, that labor supply is convex in a labor market...
Persistent link: https://www.econbiz.de/10011083889
Recent research in macroeconomics emphasizes the role of wage rigidity in accounting for the volatility of unemployment fluctuations. We use worker-level data from the CPS to measure the sensitivity of wages of newly hired workers to changes in aggregate labor market conditions. The wage of new...
Persistent link: https://www.econbiz.de/10011084442
To generate big responses of unemployment to productivity changes, researchers have reconfigured matching models in various ways: by elevating the utility of leisure, by making wages sticky, by assuming alternating-offer wage bargaining, by introducing costly acquisition of credit, or by...
Persistent link: https://www.econbiz.de/10011201357