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I discuss some key issues raised by behavioral economics for better understanding the working of the labor market. Amongst the key points in this paper are: (i) a revised modeling of the labor supply curve, with a specific focus on the target income approach (ii) elaborating on the importance of...
Persistent link: https://www.econbiz.de/10013050704
Employment is pivotal to strengthening Greece’s economic recovery, increasing social welfare and redressing poverty. Jobs are returning, making inroads into high unemployment, but their wages and skill levels are lower than many that were lost during the crisis. Greece’s hiring is benefiting...
Persistent link: https://www.econbiz.de/10011914643
We analyze the long-term workforce composition when the quality of mentoring available to majority and minority juniors depends on their representation in the workforce. A workforce with ≥50% majority workers invariably converges to one where the majority is overrepresented relative to the...
Persistent link: https://www.econbiz.de/10012853449
The paper examines simultaneously the leaving home and the employment decision of young Italians (aged 18-34). Stylized facts and previous studies have shown that when studying leaving home decision in Italy the probability of finding a job should also be analysed. The sample consists of young...
Persistent link: https://www.econbiz.de/10011264829
This paper is an initial exploration of what we can learn regarding the drivers of the gender pay gap in New Zealand from combining administrative wage data, birth records, and survey data on hours worked and earnings. Our particular focus is the role of parenthood penalties in this pay gap. In...
Persistent link: https://www.econbiz.de/10012917918
Why have so many young men left the U.S. workforce? This paper develops a model in which men earn a marriage market return on past employment. It hypothesizes that this return declined as gender-role-specialized marriage became a less efficient arrangement. It establishes causal evidence for...
Persistent link: https://www.econbiz.de/10013236189
In the 1960 cohort, American men and women graduated from college at the same rate, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. To understand the emerging gender education gap, we formulate and estimate a model of...
Persistent link: https://www.econbiz.de/10014429906
There is an apparent consensus, at the level of public policies, about the empowering effect of working outside the home for women, thereby reducing the levels of violence against them. However, the empirical evidence on the female labor-violence relationship is inconsistent. In the face of this...
Persistent link: https://www.econbiz.de/10012520172
In this paper, we aim to explore the impact of social policies and labour market characteristics on women’s decisions regarding working and having children, using data from the European Community Household Panel (ECHP). We estimate the two decisions jointly, including in the analysis, beyond...
Persistent link: https://www.econbiz.de/10005518883
The Commission was asked to evaluate current assistance arrangements to the TCF industries and provide policy options for post 2005 assistance and to report on a range of related matters that will affect the sector's long-term viability. The inquiry will also look at relevant workplace issues...
Persistent link: https://www.econbiz.de/10005135095