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This paper studies the interaction between the decrease in the gender pay gap and the stagnation in the careers of younger workers, analyzing data from the United States, Italy, Canada, and the United Kingdom. Our findings highlight the importance of labor-market entry to understand the...
Persistent link: https://www.econbiz.de/10015184767
This paper studies the interaction between the decrease in the gender pay gap and the stagnation in the careers of younger workers, analyzing data from the United States, Italy, Canada, and the United Kingdom. We propose a model of the labor market in which a larger supply of older workers can...
Persistent link: https://www.econbiz.de/10014576641
In the last three decades, the wages of older workers in many high-income countries grew at a much faster rate than the wages of younger workers. This paper uses extensive administrative data from Italy and Germany to provide an analysis of this age wage gap. First, the widening of the age wage...
Persistent link: https://www.econbiz.de/10013220174
This paper studies career spillovers across workers, which arise in firms with limited promotion opportunities. We exploit a 2011 Italian pension reform that unexpectedly tightened eligibility criteria for the public pension, leading to sudden, substantial, and heterogeneous retirement delays....
Persistent link: https://www.econbiz.de/10013240682
This paper studies career spillovers across workers, which arise in firms with limited promotion opportunities. We exploit a 2011 Italian pension reform that unexpectedly tightened eligibility criteria for the public pension, leading to sudden, substantial, and heterogeneous retirement delays....
Persistent link: https://www.econbiz.de/10012496159
This study investigates the growing wage disparity between older and younger workers in high-income countries. We propose a conceptual framework of the labor market in which firms cannot change the contracts of older employees and cannot freely add higher-ranked positions to their organizations....
Persistent link: https://www.econbiz.de/10014528380
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This paper studies the impact of labor market conditions during the education-to-work transition on workers' long-term skill development. Using representative survey data on measures of work-relevant cognitive skills for adults from 19 countries, I document four main findings: i) cohorts of...
Persistent link: https://www.econbiz.de/10012201324