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The Response of Wages and Labor Supply Movements to Employment Shocks Across Europe and the United States

Thomas, Alun - 1994

This paper assesses the responsiveness of wages and labor force movements to employment shocks across British and U ….S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all …

Persistent link: https://www.econbiz.de/10014398207

Labor market reform options to boost employment in South Africa

Duval, Romain; Ji, Yi; Shibata, Ippei - 2021

Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...

Persistent link: https://www.econbiz.de/10012612327

Searching for the Virtues of the European Model

Saint-Paul, Gilles - 1994

The distributional effects of the minimum wage are analyzed in a model where skilled and unskilled labor enter the production function. It is argued that distributional goals are best achieved by letting the labor market clear and achieving redistribution through taxes and transfers

Persistent link: https://www.econbiz.de/10014396078

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

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

, period, and cohort effects for the likelihood of employment in different occupations and the wages earned therein over 2001 … relative to high-paying abstract jobs. However, cohort effects also underpin falling wages for post-1980 cohorts across all …

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

Trade, jobs, and inequality

Beaton, Kimberly; Cerra, Valerie; Hadzi-Vaskov, Metodij - 2021

This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the … wages, investment, and firm profitability. Country characteristics, such as educational attainment, can also improve …

Persistent link: https://www.econbiz.de/10012605685

How does taxation affect hours worked in EU new member states?

Velasquez, Agustin; Vtyurina, Svetlana - 2019

Hours worked vary widely across countries and over time. In this paper, we investigate the role played by taxation in explaining these differences for EU New Member States. By extending a standard growth model with novel data on consumption and labor taxes, we assess the evolution of trends in...

Persistent link: https://www.econbiz.de/10012102041

Government Employment and Wages and Labor Market Performance

Kontolemis G., Zenon - 1999

, an increase in government wages or benefits reduces private sector employment, and government employment is not an …

Persistent link: https://www.econbiz.de/10014403794

The Long-Run Effects of Tradeon Income and Income Growth

Brunner, Allan D. - 2003

This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...

Persistent link: https://www.econbiz.de/10014404012

What Determines the Reservation Wages of Unemployed Workers? : New Evidence From German Micro Data

Prasad, Eswar S. - 2003

This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … perspective on how reservation wages change over time and how they correlate with accepted wage offers for workers who move from …

Persistent link: https://www.econbiz.de/10014403637

The minimum wage puzzle in less developed countries : reconciling theory and evidence

Adam, Christopher S.; Buffie, Edward F. - 2020

We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the …

Persistent link: https://www.econbiz.de/10012170119