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This paper shows that immigration fostered the emergence of organized labor in the United States. I digitize archival data to construct the first county-level dataset on historical U.S. union membership and use a shift-share instrument to isolate a plausibly exogenous shock to the labor supply...
Persistent link: https://www.econbiz.de/10015084971
Europe’s labor is not competitiveness taking unemployment as the relevant indicator. The paper looks at other indicators such as job creation, productivity and unit labor costs and skills. It analyzes the reasons for the lack of competitiveness including a low degree of wage differentiation,...
Persistent link: https://www.econbiz.de/10011495318
Using a large linked employer-employee data set, this paper studies the relationship between job reallocation, worker reallocation and the flexibility of wages in western German manufacturing. Using the plant-specific residual wage dispersion as a proxy for wage flexibility, we find that more...
Persistent link: https://www.econbiz.de/10014221281
The German "employment miracle", with a weak decline in employment and low unemployment during the great recession, seems to be a good example for a successful labour market reform. Nevertheless, there are concerns about rising inequality in the labour market. In this paper we analyze the...
Persistent link: https://www.econbiz.de/10009792971
Persistent link: https://www.econbiz.de/10011499655
The German employment miracle with a weak decline in employment and low unemployment during the great recession seems to be a good example for a successful labour market reform. While the aggregate level of job turnover seems to be stable over time, there are nevertheless concerns about rising...
Persistent link: https://www.econbiz.de/10010339311
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
As suggested by recent empirical evidence, one of the causes behind the widespread rise of inequality experienced by OECD countries in the last few decades may have been the increased flexibility of labor markets. The authors explore this hypothesis through the analysis of a stock-flow...
Persistent link: https://www.econbiz.de/10012030461
Persistent link: https://www.econbiz.de/10012543475
Using newly digitized Canada-Vermont border crossing records from the early twentieth century, this paper identifies key factors that may explain differences in how female and male migrants sort by human capital across destinations. Earnings maximization largely explains sorting patterns among...
Persistent link: https://www.econbiz.de/10014365807