Showing 1 - 10 of 24,551
This paper draws attention to an increase in the size of the union membership wage premiumin the UK public sector relative to the private sector. We find the public sector membershipwage premium is approximately double that in the private sector controlling for a full range ofindividual, job and...
Persistent link: https://www.econbiz.de/10005861852
This paper examines the impact of trade unions in the US and the UK and elsewhere. In both the US and the UK, despite declining membership numbers, unions are able to raise wages substantially over the equivalent non-union wage. Unions in other countries, such as Australia, Austria, Brazil,...
Persistent link: https://www.econbiz.de/10009439602
Most economists maintain that the labor market in the United States (and elsewhere) is 'tight' because unemployment rates are low and the Beveridge Curve (the vacancies-to-unemployment ratio) is high. They infer from this that there is potential for wage-push inflation. However, real wages are...
Persistent link: https://www.econbiz.de/10013426314
Central bankers are raising interest rates on the assumption that wage-push inflation may lead to stagflation. This is not the case. Although unemployment is low, the labor market is not 'tight'. On the contrary, we show that what matters for wage growth are the non-employment rate and the...
Persistent link: https://www.econbiz.de/10013470458
Combining data on around four million respondents from the Gallup World Poll and the US Daily Tracker Poll we rank 164 countries, the 50 states of the United States and the District of Colombia on eight wellbeing measures. These are four positive affect measures - life satisfaction, enjoyment,...
Persistent link: https://www.econbiz.de/10014296534
Unemployment is notoriously difficult to predict. In previous studies, once country and year fixed effects are added to panel estimates, few variables predict changes in unemployment rates. Using panel data for 29 European countries collected by the European Commission over 444 months between...
Persistent link: https://www.econbiz.de/10014296649
Although yet to be clearly identified as a clinical condition, there is immense concern at the health and wellbeing consequences of long COVID. Using data collected from nearly half a million Americans in the period June 2022-December 2022 in the US Census Bureau's Household Pulse Survey (HPS),...
Persistent link: https://www.econbiz.de/10014296711
Using micro-data on six surveys – the Gallup World Poll 2005-2023, the U.S. Behavioral Risk Factor Surveillance System, 1993-2022, Eurobarometer 1991-2022, the UK Covid Social Survey Panel, 2020-2022, the European Social Survey 2002-2020 and the IPSOS Happiness Survey 2018-2023 – we show...
Persistent link: https://www.econbiz.de/10014377258
Using four cross-sectional data files for the United States and Europe we show that Adverse Childhood Experiences (ACE) have a significant impact on subjective wellbeing (SWB) in adulthood. Death of a parent, parental separation or divorce, financial difficulties, the prolonged absence of a...
Persistent link: https://www.econbiz.de/10014469413
The cross‐sectional association between pain and unemployment is well‐established. But the absence of panel data containing information on pain and labor market status has meant that less is known about the direction of any causal linkage. Those longitudinal studies that do examine the link...
Persistent link: https://www.econbiz.de/10014504367