Showing 1 - 10 of 15
Using panel data for 1990–2014 from 12 OECD countries, I document three facts about cross country labor market outcomes. First, worker flows and life-cycle wage growth differ substantially across countries. Second, the fluidity of a country's labor market covaries positively with life-cycle...
Persistent link: https://www.econbiz.de/10012955408
We show that a minimum wage can have large effects throughout the earnings distribution,using a combination of theory and empirical evidence. To this end, we develop an equilibriumsearch model featuring empirically relevant worker and firm heterogeneity. We usethe estimated model to evaluate a...
Persistent link: https://www.econbiz.de/10012918636
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We quantify the effect of a minimum wage on compression throughout the earnings distribution. Using the case of Brazil, which experienced a large decrease in earnings inequality while its real minimum wage increased from 1996-2012, we document that the inequality decrease was bottom-driven yet...
Persistent link: https://www.econbiz.de/10011619641
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We show that a rise in the minimum wage accounts for a large decline in earnings inequality in Brazil since 1994. To this end, we combine rich administrative and survey data with an equilibrium model of the Brazilian labor market. Our results imply that the minimum wage has far-reaching...
Persistent link: https://www.econbiz.de/10012533380
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We study the nature of firm pay dynamics. To this end, we propose a statistical model that extends the seminal framework by Abowd, Kramarz, and Margolis (1999a) to allow for idiosyncratically time-varying firm pay policies. We estimate the model using linked employeremployee data for Sweden from...
Persistent link: https://www.econbiz.de/10012795952
We study the nature of firm pay dynamics. To this end, we propose a statistical model that extends the seminal framework by Abowd, Kramarz and Margolis (1999) to allow for idiosyncratically time-varying firm pay policies. We estimate the model using linked employer-employee data for Sweden from...
Persistent link: https://www.econbiz.de/10012805426
Using rich administrative and household survey data spanning 34 years from 1985 to 2018, we document a series of new facts on earnings inequality and dynamics in a developing country with a large informal sector: Brazil. Since the mid-1990s, both inequality and volatility of earnings have...
Persistent link: https://www.econbiz.de/10012814471