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Labor market reforms and earnings dynamics : the Italian case

Hoffmann, Eran B.; Malacrino, Davide; Pistaferri, Luigi - 2021

administrative (social security) data from Italy between 1985 and 2016. During the time covered by our data, earnings inequality and … contributed to the slowdown in labor productivity in Italy by delaying human capital accumulation (in the form of general and firm …

Persistent link: https://www.econbiz.de/10012613375

Immigration and wage dynamics in Germany

Klinger, Sabine; Musayev, Anvar; Natal, Jean-Marc; … - 2019

German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather...

Persistent link: https://www.econbiz.de/10012155220

Are low-skill women being left behind? : labor market evidence from the UK

Dabla-Norris, Era; Pizzinelli, Carlo; Rappaport, Jay - 2022

Labor markets in the UK have been characterized by markedly widening wage inequality for lowskill (non-college) women, a trend that predates the pandemic. We examine the contribution of job polarization to this trend by estimating age, period, and cohort effects for the likelihood of employment...

Persistent link: https://www.econbiz.de/10013170024

Changes in the Structure of Earnings During the Polish Transition

Prasad, Eswar S. - 2002

This paper documents that inequality in labor earnings increased substantially during the economic transition in Poland. One surprising result is that earnings inequality increased markedly in both the private and public sectors, indicating that even state-owned enterprises in Poland moved...

Persistent link: https://www.econbiz.de/10014403669

Corporate indebtedness and low productivity growth of Italian firms

Anderson, Gareth; Raissi, Mehdi - 2018

Productivity growth in Italy has been persistently anemic and has lagged that of the euro area over the period 1999 … whether total factor productivity growth varies with the level of corporate indebtedness. We employ a novel estimation …

Persistent link: https://www.econbiz.de/10011809561

Seasonality and Capacity : An Application to Italy

Mini, Federico - 2000

particularly true for Italy, where the variability of production in manufacturing is extremely high and almost entirely due to …

Persistent link: https://www.econbiz.de/10014399929

Foreign Exchange Risk Premium : Does Fiscal Policy Matter? Evidence From Italian Data

Giorgianni, Lorenzo - 1997

(relative to the variability of the forward bias), and predictable. Estimation of structural models of the risk premium suggests … that anticipated fiscal contractions in Italy and lower uncertainty about the future path of fiscal policy are associated …

Persistent link: https://www.econbiz.de/10014403290

Social Returns to Education : Evidence From Italian Local Labor Market Areas

Dalmazzo, A. - 2003

The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling … social returns between 2 and 3 percent. This result is robust to alternative estimation methods and does not seem to depend … on endogenous sorting. The paper also shows that social returns are higher in the lagged areas of the south of Italy …

Persistent link: https://www.econbiz.de/10014403676

Productivity or Employment : Is It a Choice?

De Michelis, Andrea - 2013

Traditionally, shocks to total factor productivity (TFP) are considered exogenous and the employment response depends on their effect on aggregate demand. We raise the possibility that in response to labor supply shocks firms adjust efficiency, rendering TFP endogenous to firms’ production...

Persistent link: https://www.econbiz.de/10014395225

Structural Transformation and the Volatility of Aggregate Output in OECD Countries

Ngouana, Constant Lonkeng - 2013

This paper finds a negative relationship between the employment share of the service sector and the volatility of aggregate output in the OECD—after controlling for the level of financial development. This result reflects volatility differentials across sectors: labor productivity is more...

Persistent link: https://www.econbiz.de/10014395386