How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …

moments of the distributions of earnings, employment and wage shocks across individuals. Our main finding is that …

The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s … by a period of sharp deflation where nominal wages and prices fell by 30 percent and unemployment increased from 5 to 30 … percent. We examine whether relatively standard wage and employment equations can account for the volatile economic …

performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature …, we find a significant and negative employment effect for male workers at 21, which we believe to be an anticipation … effect on employment of young workers, with this effect possibly occurring already well in advance of reaching the threshold …

employment like labour costs and productivity, the skill level of the population, and demography. Considering that ownership may … be endogenous to (shocks in) employment, we use IV estimation methods. Overall, we find evidence in favour of the Oswald … significant fall in the employment rate by about 0.3 percentage points. Our results underscore the importance of including other …

In this paper we study the effects on the survival rate in employment of a scheme that facilitates gradual retirement … (possibly selective) pathways to early retirement. We find that participation in the scheme initially prolongs employment, as …

, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of … aggregate employment …

firm effects from a two-way fixed effects decomposition of workers’ wages by Card, Heining, and Kline (2013) document that …