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Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014342988
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014368278
This paper assesses wage setting and wage dynamics in a search and matching framework where (i) workers and firms on … observations on pay dynamics within jobs at firms. Along with wage tenure effects, serial correlation in wage changes and wage …
Persistent link: https://www.econbiz.de/10014434270
Wage decompositions suggest that a large share of the gender wage gap can be explained by differences in occupation and … employer choices. If female workers are not well informed about these pay differences, increasing wage transparency might … requires companies to state a wage figure in job advertisements. For the analysis, we combine vacancy postings from the largest …
Persistent link: https://www.econbiz.de/10013263012
This paper examines employer-to-employer mobility by describing the individual wage trajectories along the working … the human capital theory. It is emphasized that hopping from one wage trajectory to another by mobility may be accompanied … with wage losses. An empirical review of the model extracts information on whether the between-firm mobility wage …
Persistent link: https://www.econbiz.de/10003748082
wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage … wages of displaced workers after their return to work. Women experienced smaller wage losses than men. For both sexes, over … 80 percent of the increased wage loss was because displaced workers found re-employment in lower-wage firms after the …
Persistent link: https://www.econbiz.de/10012228177
developed and estimated on a British sample, testing for scale effects on the offer arrival rate and the wage offer distribution …. When contrasting London with the rest of the country we find scale effects in wage offers. But the larger market delivers …
Persistent link: https://www.econbiz.de/10013320096
. Additionally a counteraction of two effects - match stability and match scarcity - explains an observed asymmetric shape of a wage …
Persistent link: https://www.econbiz.de/10008677855
In this paper, we quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries (Australia, France, Germany, Japan, Portugal, Spain, Sweden, the United Kingdom and the United States). We build and estimate a dynamic stochastic search-matching model with...
Persistent link: https://www.econbiz.de/10010254829
We analyze the impact of information frictions on workers' wages, contributing to the literature that tested search theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using data for 16 countries from the European Social Survey...
Persistent link: https://www.econbiz.de/10010528571