Showing 1 - 10 of 29
It is standard in the literature on training to use wages as a sufficient statistic for productivity. But there are many reasons why wages and productivity may diverge. This paper is part of a smaller literature on the effects of work-related training on direct measures of productivity. We...
Persistent link: https://www.econbiz.de/10005150978
While most studies of the decision to immigrate focus on the absolute income differences between countries, we argue that relative change in purchasing power or status, as captured by an individual's ranking in the wage distribution, may also be important. This will in turn be influenced by...
Persistent link: https://www.econbiz.de/10005150995
I study the cyclical behavior of an equilibrium search model with endogenous job creation and destruction, with focus on the model's failure to match the observed cyclical volatility of unemployment. Job creation in the model is influenced by wages in new matches. I summarize microeconometric...
Persistent link: https://www.econbiz.de/10005151092
This paper studies the dynamics of labour demand and the determinants of employment rates across the OECD. We find: (i) labour demand adjusts less rapidly when employment protection is more strict and union density is higher; (ii) there is no evidence that overall job turnover is influenced by...
Persistent link: https://www.econbiz.de/10004967711
Common wisdom states that teenage childbearing reduces schooling, labour market experience and adult wages. However, the decisions to be a teenage mother, to quit school, and be less attached to the labour market might all stem from some personal or family characteristics. Using the National...
Persistent link: https://www.econbiz.de/10005016647
This paper makes use of the substantial information about the psychological and behavioural development of children by age ten in the 1970 Cohort to predict later, economic outcomes, namely qualifications, employment and earnings. It is found that this previously unobserved individual...
Persistent link: https://www.econbiz.de/10005016929
This paper considers three aspects of the job insecurity facing British men in the last two decades. The probability of becoming unemployed, the costs of unemployment in terms of real wages losses and the probability that the continuously employed will experience substantial real wage losses....
Persistent link: https://www.econbiz.de/10005016965
This paper examines how employees' experiences of, and attitudes towards, work have changed over the last quarter of a century. It assesses the extent to which any developments relate to the economic cycle and to trends in the composition of the British workforce. Many of the findings are...
Persistent link: https://www.econbiz.de/10009643561
The recession of 2008-09 inflicted a larger cumulative loss of UK output than any of the previous post-war recessions, yet there has been a relatively low loss of employment, at least so far. Paul Gregg and Jonathan Wadsworth look for an explanation.
Persistent link: https://www.econbiz.de/10009416226
The study of football - the clubs, the players, the managers, the referees - is telling us more and more about the operation of labour markets and incentives. Here, Alex Bryson and colleagues show that two-footedness - the rare ability to use both feet equally well to pass, tackle and shoot -...
Persistent link: https://www.econbiz.de/10009416236