Showing 1 - 10 of 292
differential wage responses to economic shocks. We offer three explanations for these findings: An equilibrium search model, where …
Persistent link: https://www.econbiz.de/10013155564
job search model how the combined assumptions of on-the-job search and wage renegotiation by mutual consent act as a … quantitatively plausible quot;internal propagation mechanismquot; of i.i.d. productivity shocks into persistent wage shocks. The … model suggests that wage dynamics should be thought of as the outcome of a specific acceptance/rejection scheme of i …
Persistent link: https://www.econbiz.de/10012780530
a model is developed in which the labour market is described as a duopsony and the relation between wage and non … compensating differentials. In particular, while the wage dynamic related to workers shifting from a temporary contract to another … wage and commuting time persists, irrespective of the type of contract …
Persistent link: https://www.econbiz.de/10013121764
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10013120422
We document that fluctuations in part-time employment play a major role in movements in hours per worker, especially during cyclical swings in the labor market. Building on this result, we propose a novel representation of the intensive margin based on a stock-flow framework. The evolution of...
Persistent link: https://www.econbiz.de/10012995588
We find robust evidence that cohorts of male graduates who start college during worse economic times earn higher average wages than those who start during better times. This gap is not explained by differences in selection into employment, in economic conditions at the time of college...
Persistent link: https://www.econbiz.de/10012826248
more procyclical than job stayers. This lends support to the predicted procyclical real wage effects of the Reynolds … exhibit the same degrees of wage cyclicality and these are considerably greater than for job stayers …
Persistent link: https://www.econbiz.de/10013121341
groups are broken down into 14 occupations, and 48 travel-to-work geographical districts. We estimate wage and hours …
Persistent link: https://www.econbiz.de/10013141743
This paper investigates the relative cyclical behavior of the pay of piece workers and hourly paid workers. It uses a unique data set of blue-collar workers in British engineering between 1926 and 1966. The statistics are obtained from the payrolls of firms belonging to the Engineering Employers...
Persistent link: https://www.econbiz.de/10013317530
In this paper, we compile a unique historical dataset that records strike activity in the British engineering industry from 1920 to 1970. These data have the advantage of containing a fairly homogenous set of companies and workers, covering a long period with varying labour market conditions,...
Persistent link: https://www.econbiz.de/10013325061