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This paper investigates the pattern of wives' hours disaggregated by the husband's wage decile. In the US, this pattern has changed from downward-sloping to hump-shaped. We show that this development can be explained within a standard household model of labor supply when taking into account...
Persistent link: https://www.econbiz.de/10008806557
Persistent link: https://www.econbiz.de/10001675935
The pattern of employment among men and women has changed remarkably over the past decades. While the employment rate of women has risen, that of men has continued to decline. Disproportionate growth in the participation in the labor market of women with highincome husbands has heightened...
Persistent link: https://www.econbiz.de/10011411271
High levels of unemployment and rising social charges have lead to considerable pressure on labour markets to adjust. Major steps in labour market reform have been implemented over the last three years. These need to be followed up in several respects in order to raise the economy’s capacity...
Persistent link: https://www.econbiz.de/10005045708
On the 1st of January 2016 the Irish National Minimum Wage increased from €8.65 to €9.15 per hour, an increase of approximately six percent. We use a difference-in-differences estimator to evaluate whether the change in the minimum wage affected the hours worked and likelihood of job loss of...
Persistent link: https://www.econbiz.de/10011880306
wages and satisfaction. We also discuss difficulties in the implementation of the minimum wage and the measurement of its … following conclusions can be drawn: while hourly wages increased for low-wage earners, some small negative employment effects …
Persistent link: https://www.econbiz.de/10011958955
Despite high inflation, the real gross hourly wages of employees grew by around 15 percent from 1995 to 2022. In … particular, the lowest wage decile caught back up to all other deciles following a sharp drop in real wages. At the same time …
Persistent link: https://www.econbiz.de/10015330552
We examine the relationship between perceived income positions and attitudes towards inequality at a supranational-level. Conducting a survey in four EU Member States (Germany, Italy, Poland, and Sweden), we confirm that their citizens misperceive their own income position in the EU. Once we...
Persistent link: https://www.econbiz.de/10013455864
Changes in accumulated retirement savings, particularly in employer-sponsored defined contribution (DC) plan balances, differ by worker’s earnings levels. Earnings shocks, portfolio diversification, and employer contributions to worker’s DC plans affect retirement savings for lower earners...
Persistent link: https://www.econbiz.de/10014033495
In this paper, we argue that wage volatility is a good proxy for wage inequality because of the strong and lagged correlation between the two. For seven industry categories, inequality is modeled as a conditional variance process over the period 1964-1988. It is modified to allow for explanatory...
Persistent link: https://www.econbiz.de/10014052120