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This paper studies worker displacement in the United States and the Netherlands. We discuss the relevant institutions, and we analyze the incidence and consequences of displacement. In the 1993-1995 period, displacement rates in the US and the Netherlands are about the same, and vary similarly...
Persistent link: https://www.econbiz.de/10014196963
We investigate transitions between unemployment, low-paid employment and higher-paid employment using household panel data for the period 2001 to 2011. Dynamic panel data methods are used to estimate the effects of labour force status on subsequent labour force status. A distinctive feature of...
Persistent link: https://www.econbiz.de/10013074719
-time employment, high youth labour force underutilisation, and rising earnings inequality associated with falling relative earnings …
Persistent link: https://www.econbiz.de/10013060988
The COVID-19 pandemic can change the reservation wage because of changes in people’s preferences due to the risk of infection, the rapid rise of work at home, or a worsened household economy. Furthermore, the changing reservation wage changes the decision to work, especially for the second...
Persistent link: https://www.econbiz.de/10013214162
This paper provides evidence that finishing school when labour markets are weak leads to poor subsequent labour market prospects, particularly those leaving school at younger ages. Using administrative register data from Denmark, we find that these scarring effects are larger and more persistent...
Persistent link: https://www.econbiz.de/10012623701
We examine the causes for rising income inequality in Europe’s most populous economy. From 2000 to 2006, Germany … experienced an unprecedented rise in net equivalized income inequality and poverty. At the same time, unemployment rose to record …. Other factors that possibly contributed to the rise in income inequality were changes in the tax system, changes in the …
Persistent link: https://www.econbiz.de/10008688886
of the above three variables. Labour market institutions hence affect income inequality, though the sign of their impact … is ambiguous. Stronger unions and/or a more generous unemployment benefit tend to reduce inequality through reduced wage … examine these effects. We find, first, that the labour share remains an important aspect of overall inequality patterns, and …
Persistent link: https://www.econbiz.de/10003035409
We examine the causes for rising income inequality in Europe's most populous economy. From 2000 to 2006, Germany … experienced an unprecedented rise in net equivalized income inequality and poverty. At the same time, unemployment rose to record …. Other factors that possibly contributed to the rise in income inequality were changes in the tax system, changes in the …
Persistent link: https://www.econbiz.de/10013139967
these effects. We find, first, that the labour share remains an important determinant of overall inequality patterns, and …, second, that stronger unions and a more generous unemployment benefit tend to reduce income inequality. High capital …-labour ratios also emerge as a strong equalising factor, which has in part offset the impact of increasing wage inequality on the US …
Persistent link: https://www.econbiz.de/10013318375
The recent debate on trends in inequality in industrial countries has been marred by the lack of consensus about the … relevant concept of inequality. Labour economists are concerned with inequality in earnings, macroeconomists with movements in … the wage share, while policy-makers tend to focus on household income inequality. We provide a unifying framework to study …
Persistent link: https://www.econbiz.de/10003746641