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This paper analyzes the effects of different wage cyclicalities on labor market flow dynamics at the establishment level. We derive a model that allows for heterogeneous wage cyclicalities across firms over the business cycle and confront the theoretical results with the new AWFP dataset, which...
Persistent link: https://www.econbiz.de/10011574241
wages for each establishment. The AWFP contains this information also for partitions of the labor force according to various …
Persistent link: https://www.econbiz.de/10011581623
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …
Persistent link: https://www.econbiz.de/10012131008
contains data on job flows, worker flows, and wages for each establishment. The AWFP contains these information also for parti …
Persistent link: https://www.econbiz.de/10011942651
Persistent link: https://www.econbiz.de/10015067228
We show that occupation mobility creates the illusion of cyclical hiring wages. Using administrative data, we find that … wages of new hires who remain in the same occupation are no more cyclical than those of existing workers, whereas wages of … results suggest that the widely documented cyclicality of entry wages reflects composition effects due to changes in match …
Persistent link: https://www.econbiz.de/10014637581
The long-term earnings losses of displaced workers are substantial. We investigate the role of post-displacement occupational matching in explaining the cost of job displacement. We combine German administrative data on the work history of displaced workers with information on the task content...
Persistent link: https://www.econbiz.de/10010343781
relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable share of wage …
Persistent link: https://www.econbiz.de/10003268564
provides a valid approximation of observed wages and matching patterns for a large part of the data. For low-type workers …, however, wages are decreasing in the type of the firm a worker is matched with. This prediction of theoretical sorting models …
Persistent link: https://www.econbiz.de/10011524613
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