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Labor’s share of GDP in most OECD countries has declined over the last two decades. Some authors have suggested that these changes are linked to deregulation of product and labor markets. To examine this we focus on a large quasi-experiment in the OECD: the privatization of many network...
Persistent link: https://www.econbiz.de/10010746486
The first contribution of this paper is to use UK monthly firm-level data to show that there is a large amount of transitory volatility in firm-level average earnings from month to month. We conclude that this cannot all be explained away as the consequence of measurement error, composition...
Persistent link: https://www.econbiz.de/10011126684
upon entry into the job? Finally is the wage-unemployment relationship influenced by inflation, competition or the housing …This paper is concerned with the relationship between wages and unemployment. Using UK regions and individuals as the … unemployment and wages or wage changes? Second, can we identify the relationship completely by looking at regional wages and …
Persistent link: https://www.econbiz.de/10010745323