Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 1 to 25 of 60.

  1. How will the interaction of wages and prices play out in the last mile of disinflation?
    Author: Kamin, Steven; Roberts, John M.
    Published: July 2024
    Publisher:  American Enterprise Institute, [Washington, DC]

    This note develops an econometric model of inflation dynamics to assess recent developments. We find that most of the rapid decline in price pressures achieved in 2023 owes to the normalization of supply chains. With supply-chain disruptions now... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 855
    Inter-library loan:
    No inter-library loan

     

    This note develops an econometric model of inflation dynamics to assess recent developments. We find that most of the rapid decline in price pressures achieved in 2023 owes to the normalization of supply chains. With supply-chain disruptions now largely resolved, future progress toward disinflation will be more difficult and will likely depend on the interplay between wages and prices. A consideration that could loom large is the shortfall in wage gains relative to their pre-pandemic trend, leading to a "wage gap" or, equivalently, a rise in firm markups over cost. Using our model, we explore different ways in which the wage gap may evolve going forward and trace out the implications of these alternative scenarios for the Fed's monetary policy. If high markups unleash important competitive pressures across firms, then inflation and thus interest rates could come down quickly. If, however, markups have a limited influence on price setting, the disinflation process could be more prolonged, as would the normalization of monetary policy. Finally, if wage gains remain elevated-perhaps motivated by attempts by workers to recover previous shortfalls in earnings-inflation and interest rates could stay high for a considerable period. Unfortunately, it isn't clear based on the econometrics or recent experience which outcome is most likely.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300512
    Series: AEI economics working paper ; 2024, 13 (July 2024)
    Subjects: inflation; Monetary policy; prices; wages
    Scope: 1 Online-Ressource (circa 18 Seiten), Illustrationen
  2. Automation and rent dissipation
    implications for wages, inequality, and productivity
    Author: Acemoglu, Daron; Restrepo, Pascual
    Published: May 27, 2024
    Publisher:  MIT Department of Economics, Cambridge, MA

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Rechte
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper / Blueprint Labs ; #2024, 04
    Subjects: automation; productivity; technology; inequality; wages; rents
    Scope: 1 Online-Ressource (circa 79 Seiten), Illustrationen
  3. Unions and collective bargaining
    the influence on wages, employment and firm survival
    Author: Brändle, Tobias
    Published: [2024]
    Publisher:  Global Labor Organization (GLO), Essen

    Unions and collective bargaining play a central role in shaping wages and influencing firms' employment decisions and firm survival, especially in industrialised countries, and where they are traditionally strong. Their impact depends on the... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 565
    Inter-library loan:
    No inter-library loan

     

    Unions and collective bargaining play a central role in shaping wages and influencing firms' employment decisions and firm survival, especially in industrialised countries, and where they are traditionally strong. Their impact depends on the institutional role unions (can) play in different countries, on the economic conditions, and it varies strongly between industries. Overall, the literature has analysed union wage effects quite extensively, and to a lesser degree also their effects on employment. Unions typically increase wages and other working conditions for their members and often all employees working in firms where collective bargaining applies. There is strong evidence for a union-non-union wage premium, even for individuals working similar jobs. At the same time, wages are higher in firms under collective bargaining, even in similar firms in the same industry. The size of these premiums can vary widely, however, between countries, time periods, and context. The union wage premium is typically stronger at the lower end of the wage distribution, such that strong unions are associated with lower wage inequality. This result is more or less undisputed in the literature. The union effect on employment is theoretically more ambiguous, but empirically labelled as 'the one constant' among the effects of unions: employment growth is two to four percent lower in firms with union bargaining. There may, however, also be positive effects of union bargaining on the quality of employment or employment duration from an individual perspective. A union effect on firm survival is the least well analysed among the three effects presented here. If unions redistribute rents to employees and if 'the one constant' holds, then firm survival might be negatively affected by union bargaining. The empirical evidence is, however, inconclusive.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300248
    Series: GLO discussion paper ; no. 1457
    Subjects: collective bargaining; trade unions; wages; employment; firm survival
    Scope: 1 Online-Ressource (circa 43 Seiten)
  4. What caused the post-pandemic inflation in Italy?
    an application of Bernanke and Blanchard (2023)
    Author: Pisani, Massimiliano; Tagliabracci, Alex
    Published: [2024]
    Publisher:  Banca d'Italia, [Rom]

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 547
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Questioni di economia e finanza / Banca d'Italia ; number 851 (June 2024)
    Subjects: inflation; wages; inflation expectations; energy; COVID-19
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  5. Exports and jobs for inclusive growth in Cambodia
    Author: Kokas, Deeksha; Roche Rodriguez, Jaime Alfonso; López Acevedo, Gladys; Robertson, Raymond; Karamba, Wendy
    Published: August 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Cambodia's rapid economic growth in the past few decades has coincided with trade liberalization and structural transformation. This growth has been extensively associated with more employment, higher wages, shared prosperity, and poverty reduction.... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    Cambodia's rapid economic growth in the past few decades has coincided with trade liberalization and structural transformation. This growth has been extensively associated with more employment, higher wages, shared prosperity, and poverty reduction. By combining two complementary approaches, the Gravity model and the Bartik model, this paper estimates: (i) the relationship between trade agreements and trade flows, and (ii) the relationship between trade exposure and various local labor market outcomes. Our gravity estimates show that trade agreements between the Association of Southeast Asian Nations (ASEAN) are positively related with trade flows, and that Cambodia's specific gains from these increases in trade have been larger than for the average trade agreement. This has led to better results for workers in Cambodia's local labor markets. Our shift-share Bartik results suggest that increases in trade exposure in Cambodian districts between 2009 and 2019 correlate with reduced informality and an increase in hours worked, with more positive effects for female workers.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/305651
    Series: Discussion paper series / IZA ; no. 17209
    Subjects: trade policy; exports; trade exposure; employment; informality; wages
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  6. Directed search, wages, and non-wage amenities
    evidence from an online job board
    Author: Escudero, Verónica; Liepmann, Hannah; Vergara, Damián
    Published: August 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on posted wages in... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on posted wages in the cross-section, with stark heterogeneity by occupation: the wage-application correlation is driven by vacancies attached to lower-skill occupations, with applications to vacancies attached to higher-skill occupations showing no responsiveness to posted wages. By applying text analysis to the job ads, we elicit advertised non-wage amenities and find evidence of directed search based on non-wage amenities. Applications to vacancies attached to lower-skill occupations are consistent with lexicographic application preferences: amenities predict applications to these vacancies only when wages are not posted. Finally, we exploit industry-by-occupation minimum wage variation to demonstrate that the observed occupational heterogeneity in directed search patterns is supported by quasi-experimental difference-in-differences estimates of the impact of wages on job applications.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/305653
    Series: Discussion paper series / IZA ; no. 17211
    Subjects: directed search; vacancies; wages; non-wage amenities; minimum wages
    Scope: 1 Online-Ressource (circa 107 Seiten), Illustrationen
  7. Competition in the labor market
    the wage effect of employer concentration in China
    Author: Liu, Jianan; Cai, Hongbo; Lin, Carl
    Published: August 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Competition in the labor market theoretically leads to higher wages, yet empirical evidence to substantiate it, particularly in developing countries, has been sparse. Our study delves into the impact of increased competition in the labor market on... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    Competition in the labor market theoretically leads to higher wages, yet empirical evidence to substantiate it, particularly in developing countries, has been sparse. Our study delves into the impact of increased competition in the labor market on workers' wages using a panel dataset from Chinese industrial firms spanning 1998 to 2013. Employing OLS and IV regressions, we demonstrate that a decrease in employer concentration is significantly linked to higher wages. The elasticities of employer concentration on wages fall within the range of -0.034 and -0.107. Additionally, our findings suggest that state-owned enterprises gained the most from this upswing in competition, primarily due to restructuring. Furthermore, we demonstrate that total factor productivity serves as an important channel linking employer concentration to wages.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/305668
    Series: Discussion paper series / IZA ; no. 17226
    Subjects: competition; monopsony; labor market concentration; wages; China
    Scope: 1 Online-Ressource (circa 80 Seiten), Illustrationen
  8. Who perceives lower wages for women to be fair?
    how perceptions of the fairness of men's and women's wages vary by firm and workplace characteristics
    Author: Strauß, Susanne; Brüggemann, Ole; Lang, Julia
    Published: 2024
    Publisher:  KOPS Universität Konstanz, Konstanz

    Previous research has shown that gender pay gaps are perceived as fair or justified, not only by men but also by women. In this paper we analyse whether this gender bias in the evaluation of fair wages still persists and whether the organizational... more

    Access:
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    Evangelische Hochschule Freiburg, Hochschulbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 758
    Inter-library loan:
    No inter-library loan

    Location:
    Universität Konstanz, Kommunikations-, Informations-, Medienzentrum (KIM)
    Inter-library loan:
    No inter-library loan

     

    Previous research has shown that gender pay gaps are perceived as fair or justified, not only by men but also by women. In this paper we analyse whether this gender bias in the evaluation of fair wages still persists and whether the organizational context has an impact on fairness perceptions. We use unique data from a vignette study that was part of a representative online survey of 5,556 employees in 532 larger firms (> 100 employees) in Germany which are merged to administrative data. This allows us to consider different contextual factors at both the workgroup level and the firm level. In contrast to older studies we find that women tend to evaluate wages of female workers as unfairly too low. Moreover, the perception of (un)fair wages depends on the organizational context. Female supervisors and collective bargaining agreements in firms increase women's awareness for other women's unfairly too low wages, whereas an exchange about wages with co-workers affects the fairness perceptions of both male and female workers.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/300835
    Series: Working paper series / Cluster of Excellence "The Politics of Inequality" ; no. 29 (July 2024)
    Subjects: Gender inequality; wages; fairness; organizational context; Germany
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  9. Tasks at work
    comparative advantage, technology and labor demand
    Author: Acemoglu, Daron; Kong, Fredric; Restrepo, Pascual
    Published: August 13, 2024
    Publisher:  MIT Department of Economics, Cambridge, MA

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Rechte
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper / Blueprint Labs ; #2024, 08
    Subjects: Technischer Fortschritt; Arbeitsorganisation; Arbeitsnachfrage; Faktorsubstitution; Automatisierung; Theorie; USA; automation; productivity; technology; inequality; wages; rents; Labor Demand; Wage Level and Structure; Wage Differentials; Technological Change: Choices and Consequences; Diffusion Processes
    Scope: 1 Online-Ressource (circa 126 Seiten), Illustrationen
  10. Should states allow early school enrollment?
    an analysis of individuals' long-term labor market effects
    Author: Görlitz, Katja; Heß, Pascal; Tamm, Marcus
    Published: 2024
    Publisher:  RWI - Leibniz-Institut für Wirtschaftsforschung, Essen, Germany

    This study provides a policy evaluation of laws allowing early school enrollment of children, i.e., enrollment before the official school starting age. It investigates the effects of early enrollment on educational attainment, wages and employment.... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 10
    Inter-library loan:
    No inter-library loan

     

    This study provides a policy evaluation of laws allowing early school enrollment of children, i.e., enrollment before the official school starting age. It investigates the effects of early enrollment on educational attainment, wages and employment. While the school starting age is usually determined by children’s date of birth and legal cutoffs, some German states allowed early enrollment in some years. Exploiting state and cohort variation, the results show that male early enrollees attain fewer years of schooling, enter the labor market earlier and have a larger labor market attachment at around age 16. Positive wage effects persist until approximately age 35. Results for women roughly resemble those for men but they are less convincingly estimated. Diese Studie umfasst eine Evaluation von Einschulungsgesetzen, die eine vorzeitige Einschulung von Kindern erlauben. Sie untersucht die Auswirkungen einer vorzeitigen Einschulung auf die Bildungsabschlüsse, die Löhne und die Beschäftigung. Eine vorzeitige Einschulung ist/war lediglich in einigen Bundesländer und in ausgewählten Jahren erlaubt. Diese Unterschiede und Änderungen zwischen den Bundesländern und Schülerkohorten werden genutzt, um die Wirkung zu messen. Die Ergebnisse zeigen, dass männliche Schüler mit vorzeitiger Einschulung weniger Schuljahre absolvieren, früher in den Arbeitsmarkt eintreten und im Alter von etwa 16 Jahren häufiger erwerbstätig sind. Außerdem sind die Löhne dieser Schüler im Erwachsenenalter höher als bei regulär eingeschulten Personen. Die positiven Lohneffekte bleiben bis zum Alter von 35 Jahren bestehen. Die Ergebnisse für Frauen ähneln grob denen für Männer, sie sind jedoch weniger überzeugend geschätzt.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9783969732823
    Other identifier:
    hdl: 10419/306834
    Series: Ruhr economic papers ; #1104
    Subjects: Early enrollment policy; early school entry; wages; employment; school starting age
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  11. The impact of a decade of digital transformation on employment, wages, and inequality in the EU
    a "conveyor belt" hypothesis
    Author: Richiardi, Matteo; Westhoff, Leonie; Astarita, Caterina; Ernst, Ekkehard; Fenwick, Clare; Khabirpour, Neysan; Pelizzari, Lorenzo
    Published: May 2024
    Publisher:  CeMPA, Centre for Microsimulation and Policy Analysis, [Colchester]

    We study the effects of digital transformation in the EU on individual employment outcomes, wage growth, and income inequality, during the decade 2010-2019. Our results allow us to formulate a “conveyor-belt” hypothesis, whereas digital skills are... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 875
    Inter-library loan:
    No inter-library loan

     

    We study the effects of digital transformation in the EU on individual employment outcomes, wage growth, and income inequality, during the decade 2010-2019. Our results allow us to formulate a “conveyor-belt” hypothesis, whereas digital skills are important for finding a job, but less so for retaining it. The ability of out-of-work individuals with higher digital skills to jump back on the labour market is reduced for those with higher education, suggesting a faster depreciation of their digital skills. A similar effect, although of limited size, is found for earning growth: out-of-work individuals with higher digital skills are not only more likely to find a job, but experience higher earning growth, compared to their peers with lower digital skills. Our results point to a vulnerability of workers “left behind” from the digital transformation and the labour market. The overall effects on inequality are, however, limited.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/306910
    Series: CeMPA working paper series ; 24, 5
    Subjects: Digital transformation; digital skills; inequality; employment; wages; EU
    Scope: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  12. Scarce workers, high wages?
    Author: Börschlein, Erik-Benjamin; Bossler, Mario; Popp, Martin
    Published: November 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Labor market tightness tremendously increased in Germany between 2012 and 2022. We analyze the effect of tightness on wages by combining social security data with unusually rich information on vacancies and job seekers. Instrumental variable... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    Labor market tightness tremendously increased in Germany between 2012 and 2022. We analyze the effect of tightness on wages by combining social security data with unusually rich information on vacancies and job seekers. Instrumental variable regressions reveal positive elasticities between 0.004 and 0.011, implying that higher tightness explains between 7 and 19 percent of the real wage increase. We report greater elasticities for new hires, high-skilled workers, the Eastern German labor market, and the service sector. In particular, tightness raised wages at the bottom of the wage distribution, contributing to the decline in wage inequality over the last decade.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper series / IZA ; no. 17447
    Subjects: labor market tightness; wages; labor shortage; occupations; wage inequality
    Scope: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  13. The wage effect of the COVID-19 pandemic by company size
    evidence from Thailand
    Author: Hayakawa, Kazunobu; Sasatra Sudsawasd
    Published: [2024]
    Publisher:  Institute of Developing Economies (IDE), JETRO, Chiba, Japan

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 135
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10.20561/0002001136
    Series: IDE discussion paper ; no. 945
    Subjects: Covid-19; wages; Thailand
    Scope: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  14. An engine of (pay) growth?
    productivity and wages in the UK auto industry
    Author: Norris Keiller, Agnes; Obermeier, Tim; Teichgraeber, Andreas; Van Reenen, John
    Published: [2024]
    Publisher:  Centre for Economic Performance, London School of Economics and Political Science, London

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 449
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper / Centre for Economic Performance ; no. 2015 (July 2024)
    Subjects: wages; firms; market performance; manufacturing; automotive
    Scope: 1 Online-Ressource (circa 41 Seiten), Illustrationen
  15. Early career effects of entering the labor market during higher education expansion
    Author: Göhausen, Johannes; Thomsen, Stephan L.
    Published: November 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We evaluate the labor market effects of an increasing supply of high-skilled labor, resulting from a higher education expansion at established German universities. Exploiting variation in exposure across regions and cohorts, we estimate early career... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    We evaluate the labor market effects of an increasing supply of high-skilled labor, resulting from a higher education expansion at established German universities. Exploiting variation in exposure across regions and cohorts, we estimate early career effects for labor market entrants. We find that high-skilled wages decline initially, particularly in non-graduate jobs, but recover over the first five years of experience. Medium-skilled workers are barely affected, while low-skilled workers benefit from higher wage growth in non-routine-intensive jobs. We explain the dynamics of the effects by two countervailing mechanisms: immediate supply effects and gradual technology effects through increasing skilled labor demand.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Discussion paper series / IZA ; no. 17487
    Subjects: higher education expansion; labor market entry; wages; regional labor markets
    Scope: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  16. International sourcing, domestic labour costs and producer prices
    Author: Blanas, Sotiris; Zanardi, Maurizio
    Published: [2024]
    Publisher:  National Bank of Belgium, Brussels

    Using a representative sample of firms in Belgian manufacturing over 2001Q1-2017Q4, we study the effects of their international sourcing activities and domestic wages on their domestic output prices, as well as the effects of international sourcing... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 546
    Inter-library loan:
    No inter-library loan

     

    Using a representative sample of firms in Belgian manufacturing over 2001Q1-2017Q4, we study the effects of their international sourcing activities and domestic wages on their domestic output prices, as well as the effects of international sourcing on (relative) domestic wages. Controlling for firm size and other factors, we find that higher shares of imported intermediates, especially when they originate from lower-income countries, result in lower domestic output prices. This is consistent with the costsaving aspect of international sourcing. For high-tech products, however, we also find that higher shares of imported intermediates from high-or lower-income countries lead to higher domestic prices. This is consistent with the input quality-enhancing aspect of international sourcing, but also its costsaving aspect allowing for the re-allocation of domestic resources towards innovation and technologyintensive activities. In addition, we find that the share of imported intermediates from high-income countries is differentially negatively associated with the wage bill share and relative wage for whitecollar workers in high-tech firms. Taken together, we view these results as suggestive evidence of firms combining higher-quality foreign inputs and domestic labour-especially blue-collar workers- in order to service the domestic market with higher-quality outputs at higher prices.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper research / National Bank of Belgium ; no 470 (November 2024)
    Subjects: International sourcing; importing; intermediates; wages; producer prices
    Scope: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  17. Introducing the wiiw COMECON Dataset
    Author: Schwarzhappel, Monika; Kochnev, Artem; Mara, Isilda; Frei, Magdalena; Bykova, Alexandra; Ruskova, Hana; Prasch, Renate; Banushi, Xhesika
    Published: [2024]
    Publisher:  Verein "Wiener Institut für Internationale Wirtschaftsvergleiche" (wiiw), Wien

    This paper introduces the historical dataset with economic time series of socialist Bulgaria, Czechoslovakia (CSSR), the German Democratic Republic (GDR), Hungary, Poland, Romania, the Soviet Union (USSR) and Yugoslavia from 1944 to 1993 as well as a... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 667
    Inter-library loan:
    No inter-library loan

     

    This paper introduces the historical dataset with economic time series of socialist Bulgaria, Czechoslovakia (CSSR), the German Democratic Republic (GDR), Hungary, Poland, Romania, the Soviet Union (USSR) and Yugoslavia from 1944 to 1993 as well as a new dataset on Albania created as part of this project. The paper explains the dataset's structure and gaps as well as the harmonisation efforts and accounting methodologies adopted in the member countries of the Council of Mutual Economic Assistance (CMEA or COMECON) during that period. The paper serves as a companion for the users of the wiiw COMECON Dataset.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: German
    Media type: Book
    Format: Online
    Series: Statistical report / WIIW, The Vienna Institute for International Economic Studies ; 13 (Oktober 2024)
    Subjects: CMEA; COMECON; socialist countries; Albania; Bulgaria; CSSR; GDR; Hungary; Poland; Romania; Soviet Union; Yugoslavia; population; net material product; GDP; investment; labour market; prices; wages; production; consumption per capita; budget; trade by partners; trade by commodities and regions; conversion factors; external finance; economic history; comparative economic systems; historical dataset of economic time series
    Scope: 1 Online-Ressource (circa 76 Seiten), Illustrationen
  18. Are workers with multinational experience a determinant in startup success?
    Author: Flaherty, Eoin T.
    Published: 2024
    Publisher:  UCD School of Economics, University College Dublin, Dublin

    This paper examines whether former foreign MNE workers help domestic startup firms succeed. I find evidence consistent with the idea that, as founding workers, former MNE workers positively contribute to startup outcomes. However, this appears... more

    Access:
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 120
    Inter-library loan:
    No inter-library loan

     

    This paper examines whether former foreign MNE workers help domestic startup firms succeed. I find evidence consistent with the idea that, as founding workers, former MNE workers positively contribute to startup outcomes. However, this appears conditional on survival. Using an event study approach on Irish administrative data, I do not find evidence that the wages of workers present from startup increase after former MNE workers join domestic firms. Likewise, there is no differential increase in size for startups joined by former MNE workers and startups that were not yet joined by former MNE workers. The same is true when examining wage outcomes at the worker level, even distinguishing between directors and non-directors, high and low wage workers. Former MNE workers are the highest earners in startups, suggesting that they have a higher ability than their peers. Challenges in adapting to a much less specialised environment and better wage bargaining may partly explain why former MNE workers do not appear to help startup firms succeed any more than other workers without this experience.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/301947
    Series: Working paper series / UCD Centre for Economic Research ; WP24, 16 (August 2024)
    Subjects: foreign direct investment; spillovers; labour mobility; linked employer-employee data; wages
    Scope: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  19. Brexit had no measurable effect on Irish exporters
    Author: Elsner, Benjamin; Flaherty, Eoin T.; Haller, Stefanie
    Published: August 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of Irish exporters, we compare exporters with different levels of exposure to the UK market before the referendum. Our findings do not point to a significant effect of the referendum on Irish exporters. Over the period 2015-2021, the firms least exposed to the UK - but most internationalised otherwise - had considerably higher exit rates from exporting to the UK and from the market overall. They also saw greater declines in employment and sales compared to more exposed firms. We do not find significant differences for export volumes to the UK or elsewhere or for average wages. These findings are robust to controlling for a variety of firm characteristics.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/305671
    Series: Discussion paper series / IZA ; no. 17229
    Subjects: Brexit; firm performance; trade; wages; employment
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  20. Should states allow early school enrollment?
    an analysis of individuals' long-term labor market effects
    Author: Görlitz, Katja; Heß, Pascal; Tamm, Marcus
    Published: September 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This study provides a policy evaluation of laws allowing early school enrollment of children, i.e., enrollment before the official school starting age. It investigates the effects of early enrollment on educational attainment, wages and employment.... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    This study provides a policy evaluation of laws allowing early school enrollment of children, i.e., enrollment before the official school starting age. It investigates the effects of early enrollment on educational attainment, wages and employment. While the school starting age is usually determined by children's date of birth and legal cutoffs, some German states allowed early enrollment in some years. Exploiting state and cohort variation, the results show that male early enrollees attain fewer years of schooling, enter the labor market earlier and have a larger labor market attachment at around age 16. Positive wage effects persist until approximately age 35. Results for women roughly resemble those for men but they are less convincingly estimated.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/305745
    Series: Discussion paper series / IZA ; no. 17303
    Subjects: early enrollment policy; early school entry; wages; employment; school starting age
    Scope: 1 Online-Ressource (circa 41Seiten), Illustrationen
  21. Kaldorian cumulative causation in the euro area
    an empirical assessment of divergent export competitiveness
    Author: Keil, Sascha; Paternesi Meloni, Walter
    Published: 2024
    Publisher:  Hans-Böckler-Stiftung, Düsseldorf

    Over the past decades, models of circular and cumulative causation, based on the endogenous relations between prices, exports, and labour productivity, have lost prominence in explaining economic dynamics. We argue that, in the absence of... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DSP 200
    Inter-library loan:
    No inter-library loan

     

    Over the past decades, models of circular and cumulative causation, based on the endogenous relations between prices, exports, and labour productivity, have lost prominence in explaining economic dynamics. We argue that, in the absence of counterbalancing mechanisms, the combination of price-sensitive exports and the triggering effect of exports on productivity can enable feedback loops and can significantly shape macroeconomic reality in the short-to-medium run. We apply an adapted export-led model of cumulative causation to 10 major countries belonging the Euro area, a region characterized by divergent wage growth trajectories reflected in divergent export competitiveness and lack of equilibrating mechanisms. Specifically, the model is tested for the period 1995-2020 employing a country- level system of equations (3SLS-ARDL). Our findings indicate that for the majority of the countries examined, this feedback mechanism - comprising price-sensitive exports and export demand affecting productivity growth - exacerbates macroeconomic disparities in terms of labour productivity. While nominal wages act as a potential trigger through their impact on price competitiveness, they also serve as a central factor that retards the feedback mechanism due to the Verdoorn effect of wage-induced demand. Overall, our results affirm the significance of price-induced and export-led theories of cumulative causation while also delineating its limitations, particularly regarding price competitiveness-oriented export-led growth strategies.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/301004
    Series: FMM working paper ; Nr. 103 (May 2024)
    Subjects: international trade; export; competitiveness; unit labour cost; wages; productivity; European imbalances
    Scope: 1 Online-Ressource (circa 36 Seiten), Illustrationen
  22. Commuting, wages, and household behavior
    Author: Gimenez-Nadal, José Ignacio; Molina, José Alberto; Velilla, Jorge
    Published: July 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Commuting is a significant aspect of workers' daily routines and is associated with various negative outcomes. Traditional literature often models commuting from an urban perspective, focusing on the trade-off between commuting and housing. This... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    Commuting is a significant aspect of workers' daily routines and is associated with various negative outcomes. Traditional literature often models commuting from an urban perspective, focusing on the trade-off between commuting and housing. This paper offers an alternative view by using a household model as the theoretical basis to explore the interconnectedness of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be associated with spousal commuting, household earnings, and wealth, while higher expenditures are linked to longer commutes, but again, only cross-sectionally.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/302645
    Series: Discussion paper series / IZA ; no. 17128
    Subjects: commuting; household behavior; wages; PSID
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  23. The effect of franchise no-poaching restrictions on worker earnings
    Author: Callaci, Brian; Gibson, Matthew; Pinto, Sérgio; Steinbaum, Marshall; Walsh, Matt
    Published: 9-6-2024
    Publisher:  W.E. Upjohn Institute for Employment Research, Kalamazoo, MI

    We evaluate the nationwide impact of the Washington State attorney general's 2018-2020 enforcement campaign against no-poach clauses in franchising contracts, which prohibited worker movement across locations within a chain. Implementing a staggered... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 208
    Inter-library loan:
    No inter-library loan

     

    We evaluate the nationwide impact of the Washington State attorney general's 2018-2020 enforcement campaign against no-poach clauses in franchising contracts, which prohibited worker movement across locations within a chain. Implementing a staggered difference-indifferences research design using Burning Glass Technologies job vacancies and Glassdoor salary reports from numerous industries, we estimate a 6 percent increase in posted annual earnings from the job vacancy data and a 4 percent increase in worker-reported earnings.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/305457
    Series: Upjohn Institute working paper ; 24, 405
    Subjects: Employer market power; oligopsony; monopsony; franchising chains; antitrust; wages; salaries
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  24. The effect of wages on job vacancy duration
    evidence from a spatial discontinuity
    Author: Carter, Charles; Delaney, Judith; Papps, Kerry L.
    Published: September 2024
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We exploit a spatial discontinuity in the wages paid by the United Kingdom's National Health Service to examine how wages affect the duration of time a vacancy is advertised. NHS workers in inner London are mandated by law to be paid an extra 4.3%... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 4
    Inter-library loan:
    No inter-library loan

     

    We exploit a spatial discontinuity in the wages paid by the United Kingdom's National Health Service to examine how wages affect the duration of time a vacancy is advertised. NHS workers in inner London are mandated by law to be paid an extra 4.3% more than those who work in outer London. We use a regression discontinuity design and estimate an elasticity of duration with respect to wages of -6.3. This number is larger than reported by previous studies and suggests that firms can fill worker shortages faster by raising wages. This also highlights the importance this margin of worker recruitment when analysing firm search and job match. Our results are robust to various checks including a placebo test using fictitious borders and are robust to changes in the bandwidth and the duration measure. The estimates are similar across all occupational groups in the NHS and are not limited to jobs that require specific skills such as nurses and therapists. Our results provide evidence for policy makers which suggests that increasing the wages paid to NHS workers may lead to increased cost savings by reducing the need to hire expensive agency staff and may also lead to better health outcomes of the population through reduced staff shortages.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/305715
    Series: Discussion paper series / IZA ; no. 17273
    Subjects: vacancy duration; wages; employer search
    Scope: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  25. The big shift in working arrangements
    eight ways unusual
    Author: Davis, Steven J.
    Published: 16 April 2024
    Publisher:  Stanford Institute for Economic Policy Research (SIEPR), Stanford, CA

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    Keine Rechte
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Stanford Institute for Economic Policy Research (SIEPR) ; no. 24, 07 (April, 2024)
    Subjects: COVID-19 pandemic; work from home; remote work; productivity; job amenities; time savings; flexibility in time use; personal autonomy; locational constraints; Great Re-Sorting; wages
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen