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The empirical literature on employer learning assumes that employers learn about unobserved ability differences across workers as they spend time in the labor market. This article describes testable implications that arise from this basic hypothesis and how they have been used to quantify the...
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years while changes in market time and leisure offset each other. We then focus on the US and France during 1970-2005 which …
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This paper investigates parental time investment in children prior to formal schooling as a source of intergenerational income persistence in the U.S. I develop a dynamic general equilibrium model where lifetime income endogenously persists across generations through multiple channels. My model...
Persistent link: https://www.econbiz.de/10011492161
links on wages between workers from Western, Central–Eastern, and Southern Europe employed in manufacturing and non … pressure on wages in Europe. This effect mainly concerns workers from Western Europe employed in manufacturing and is driven by …, but the pressure of GVC imports on wages in Western Europe is not economically negligible, in particular when inputs are …
Persistent link: https://www.econbiz.de/10011920899
global value chains (GVCs) on labour market outcomes. Due to the complex nature of GVCs and the interconnectedness of wages …
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