Showing 1 - 10 of 285
For a large set of countries, we document how the labor earnings inequality varies with GDP per capita. As countries get richer, the mean-to-median ratio and the Gini coefficient decline. Yet, this decline masks divergent patterns: while inequality at the top of the earnings distribution falls,...
Persistent link: https://www.econbiz.de/10014083775
We study job displacement in France. In the medium run, losses in firm-specific wage premium account for a substantial share of the overall cost of displacement. However, and despite the positive correlation between premium and productivity in the cross-section of firms, we find that workers are...
Persistent link: https://www.econbiz.de/10014083835
heterogeneous income risk, liquid and illiquid assets, price adjustment costs, and in which households differ by their occupation …-specific skills. Labor income is a combination of endogenous occupational wages and idiosyncratic shock. Occupational reallocation and … specialization of the production function. The model matches well the statistics on income and wealth inequality, and the patterns of …
Persistent link: https://www.econbiz.de/10014084048
Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...
Persistent link: https://www.econbiz.de/10013133623
This paper exploits longitudinal employer-employee matched data from the U.S. Census Bureau to investigate the contribution of worker and firm reallocation to changes in earnings inequality within and across industries between 1992 and 2003. We find that factors that cannot be measured using...
Persistent link: https://www.econbiz.de/10013117408
The paper looks at the effects of employment concentration on resource allocation with a particular focus on one-company towns in Russia defined as towns where a single company accounts for a significant share of total employment of the locality. Empirical analysis of firms' production functions...
Persistent link: https://www.econbiz.de/10013119286
This paper sets out a new budget allocation formula for schools, designed to achieve a more equitable distribution of educational achievement. In addition to needs-based elements, the suggested composite allocation formula includes an improvement component, whereby schools receive budgetary...
Persistent link: https://www.econbiz.de/10013146476
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10013153171
shape the business environment. On the other hand, a branch of empirical research has attempted to shed light on the …
Persistent link: https://www.econbiz.de/10013153504
This paper revisits the question of how trade openness affects labor market outcomes in a developing country setting. We explore the fact that plants face varying degrees of exposure to global markets and to the enforcement of labor market regulations, and rely on Brazil's currency crisis in...
Persistent link: https://www.econbiz.de/10013082424