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Persistent link: https://www.econbiz.de/10009298190
This paper assesses the impact on household incomes of the COVID-19 pandemic and governments’ policy responses in April 2020 in four large and severely hit European countries: Belgium, Italy, Spain and the UK. We provide comparative evidence on the level of relative and absolute welfare...
Persistent link: https://www.econbiz.de/10012439119
countries with high endowments of unskilled labor, their wages should rise relative to those of skilled labor. This paper …
Persistent link: https://www.econbiz.de/10011377041
Recent studies show that firms are playing an increasingly important role in shaping wage inequality in advanced economies. We contribute to this literature by analysing wage inequality patterns and their firm dimension in Central and Eastern European countries. We use large, linked...
Persistent link: https://www.econbiz.de/10011992947
-neutral technology on hours worked, productivity and wages in a novel structural vector error correction framework identified by non …, productivity and wages. Structural inequality shocks also have a negative impact on hours worked, but additionally reduce …
Persistent link: https://www.econbiz.de/10011598502
. Besides the shape of the distribution it has to be checked whether labor market conditions such as minimum wages with the …
Persistent link: https://www.econbiz.de/10010352719
labor market. Previous studies that analyze the labor market effects of public sector employment and wages have mostly … assumed exogenous rules for public wage and public employment. We show that theories that equalize wages with marginal … products in the private sector can rationalize the interaction of public and private sector wages when extended to accommodate …
Persistent link: https://www.econbiz.de/10014202525
labor market. Previous studies that analyze the labor market effects of public sector employment and wages have mostly … assumed exogenous rules for public wage and public employment. We show that theories that equalize wages with marginal … products in the private sector can rationalize the interaction of public and private sector wages when extended to accommodate …
Persistent link: https://www.econbiz.de/10013116749
labor market. Previous studies that analyze the labor market effects of public sector employment and wages have mostly … assumed exogenous rules for public wage and public employment. We show that theories that equalize wages with marginal … products in the private sector can rationalize the interaction of public and private sector wages when extended to accommodate …
Persistent link: https://www.econbiz.de/10003963780
society. Minimum wages do not lead to unemployment. Countries with very high wage dispersion can have high unemployment while …Leaving labour markets to the market mechanism with flexible wages is the worst thing that can happen as the result … instabilities of capitalism. Guarantee of minimum wages can play an important role to contain the destabilising potential of labour …
Persistent link: https://www.econbiz.de/10012608954