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This paper uses a panel of Swedish counties over the years 1988-99 to study the effects of unemployment on property crime rates. The period under study is characterized by great turbulence in the labor market - the variation in the unemployment rates is unprecedented in the second half of the...
Persistent link: https://www.econbiz.de/10010321594
This paper studies how wages respond to a sudden change in employer concentration. It exploits a reform that …, elasticities of wages with respect to labor market concentration are estimated to be between -0.02 and -0.05. The empirical … paper adds to a growing literature that finds that market concentration matters for workers' wages, in a context where labor …
Persistent link: https://www.econbiz.de/10012660622
applied to aggregate duration data. It does not require wage data, it is invariant to the way in which wages are determined …
Persistent link: https://www.econbiz.de/10010321081
employer-employee data on Danish manufacturing firms, we document a negative elasticity between wages and firm scope, which is … to offer lower wages. Our findings have important implications for understanding labor market dynamics in times of rising …
Persistent link: https://www.econbiz.de/10015325465
university degree in business or economics. These women and men have similar wages and earnings at the start of their careers … and men. Specifically, we track wages for up to 20 years among women and men born in the years 1960 - 70 who completed a … patterns in wages that we see. Men and women both exhibit greater mobility early in their careers, but there is little gender …
Persistent link: https://www.econbiz.de/10012039290
In this paper we develop a novel method to project location-specific life-cycle wages for all occupations listed in the … Statistics data for each occupation and area. Finally, we develop a model capable of projecting the trajectory of wages across …
Persistent link: https://www.econbiz.de/10012653503
steadily from 2010 but with a shift towards lower paid jobs. Median wages increased from around 2014, but while those for women …
Persistent link: https://www.econbiz.de/10012483863
We reexamine the issue of executive compensation within a gen-eral equilibrium production context. Intertemporal optimality placesstrong restrictions on the form of a representative manager's compen-sation contract, restrictions that appear to be incompatible with thefact that the bulk of many...
Persistent link: https://www.econbiz.de/10005868990
In the present paper, time series on industrial production growth of individual countries are used to investigate the following questions: (i) Is there a common growth cycle for the euro area countries? (ii) Did the synchronization change over time? (iii) Can we discriminate between a "European"...
Persistent link: https://www.econbiz.de/10013370000
This paper investigates the business cycle implications of limited pass-through to retail interest rates based on a calibrated sticky price model. Although limited interest rate pass-through can in principle reduce output and inflation volatility at the same time, large reductions in output...
Persistent link: https://www.econbiz.de/10013370034