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The life-cycle and the business-cycle of wage risk: a cross-country comparison

Bayer, Christian; Juessen, Falko - 2009

, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it … determining the cyclical properties of labor market risk. …

Persistent link: https://www.econbiz.de/10010271322

Cyclical skill-biased technological change

Balleer, Almut; van Rens, Thijs - 2009

Over the past two decades, technological progress has been biased towards making skilled labor more productive. What does skill-biased technological change imply for business cycles? To answer this question, we construct a quarterly series for the skill premium from the CPS and use it to...

Persistent link: https://www.econbiz.de/10010276400

The role of early-life conditions in the cognitive decline due to adverse events later in life

van den Berg, Gerard J.; Deeg, Dorly J.H.; Lindeboom, … - 2010

Cognitive functioning of elderly individuals may be affected by events such as the loss of a (grand)child or partner or the onset of a serious chronic condition, and by negative economic shocks such as job loss or the reduction of pension benefits. It is conceivable that the impact of such...

Persistent link: https://www.econbiz.de/10010277333

Heterogeneous life-cycle profiles, income risk and consumption inequality

Primiceri, Giorgio E.; van Rens, Thijs - 2007

Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...

Persistent link: https://www.econbiz.de/10010276396

Employment, wages, and the economic cycle: differences between immigrants and natives

Dustmann, Christian; Glitz, Albrecht; Vogel, Thorsten - 2009

In this paper, we analyse differences in the cyclical pattern of employment and wages of immigrants and natives for two large immigrant receiving countries, Germany and the UK. We show that, despite large differences in their immigrant populations, there are similar and significant differences...

Persistent link: https://www.econbiz.de/10010271332

Piece work pay and hourly pay over the cycle

Hart, Robert A. - 2006

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/10010267830

Labor and Financial Market Interactions: The Case of Labor Income Risk and Car Insurance in the UK 1969-95

Koeniger, Winfried - 2001

Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the … propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk … and car insurance using data from the UK. The main empirical results are: ? higher labor income risk induces a higher …

Persistent link: https://www.econbiz.de/10010262448

Does human capital protect workers against exogenous shocks? South Africa in the 2008 - 2009 crisis

Leung, Ron; Stampini, Marco; Vencatachellum, Désiré - 2009

capital provided a buffer against the shock. After controlling for observable characteristics, education and experience showed …

Persistent link: https://www.econbiz.de/10010269538

Unemployment in the European Union: institutions, prices, and growth

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2003

responses to each shock. Our analysis permits us to distinguish between the short- and longrun effects of the shocks. Different …

Persistent link: https://www.econbiz.de/10010271739

Distributional consequences of labor demand adjustments to a downturn: A model-based approach with application to Germany 2008-09

Bargain, Olivier; Immervoll, Herwig; Peichl, Andreas; … - 2010

Macro-level changes can have substantial effects on the distribution of resources at the household level. While it is possible to speculate about which groups are likely to be hardesthit, detailed distributional studies are still largely backward-looking. This paper suggests a straightforward...

Persistent link: https://www.econbiz.de/10010274679