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We explore the impact of wage adjustment on employment with a focus on the role of downward nominal wage rigidities. We … results point to a negative effect of downward wage rigidities on employment at the firm level. …
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that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … Technological Change theory. While there exists heterogeneity across countries, only very few countries show a decline in employment … pace of technology diffusion and education, but also to the level of product market regulation (competition) and employment …
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evidence on the impacts of labour market reforms, which seem to have a potential to address impediments towards employment …
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countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth …
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explainable by household characteristics as well as differences in risk aversion and a remainder. We employ the unexplained part …
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