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Do labour institutions influence how wages respond to the business cycle? Such responsiveness can then shape several …
Persistent link: https://www.econbiz.de/10014486321
concerns. When controlling for both worker and firm heterogeneity and instrumenting for concentration, we find that wages are …
Persistent link: https://www.econbiz.de/10014374931
We investigate the impact of labour market concentration on two dimensions of job quality, namely wages and job … and local product market concentration, we show that the elasticities of wages with respect to labour market concentration … are strikingly similar across countries: increasing labour market concentration by 10% reduces wages by 0.19% in Germany …
Persistent link: https://www.econbiz.de/10013186729
Persistent link: https://www.econbiz.de/10013348299
controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … between 3.5% and 4.5% of wages at 20 years of tenure - over 80% (50%) of the estimated RTT level itself. The results extend to …
Persistent link: https://www.econbiz.de/10011455790
wages increase by about 45%. The results are based on multiple instrumental variables, including firm-specific international … country: RS is weaker in firms with more women and less educated workers; RS involves an element of risk sharing, as wages … wages tend to reduce RS; and, while employer labour market power reduces wages, it increases RS. Overall, despite its …
Persistent link: https://www.econbiz.de/10011985679
understand better the nature of RS in the country: it involves an element of risk sharing, as wages also decrease when profits … fall; RS is lower in regions with more latent competition from rural workers; higher minimum wages tend to reduce RS; and …, while employer labour market power reduces wages, it increases RS. Overall, despite its importance, RS in China is smaller …
Persistent link: https://www.econbiz.de/10012147394
In this paper we show that panel estimates of tenure specific sensitivity to the business cycle of wages is subject to … removes a lot of potentially informative variation in average wages. Unfortunately cannot be identified in unmatched data …
Persistent link: https://www.econbiz.de/10009230754
the joint estimation of firm and worker fixed effects. We find that changes in ownership do not tend to affect wages …
Persistent link: https://www.econbiz.de/10003724136
Does employers' association (EA) membership affect wages? Such effects, positive or negative, could follow from …
Persistent link: https://www.econbiz.de/10014390524