wage cyclicality
Specific Human Capital and Real Wage Cyclicality: An Application to Postgraduate Wage Premium
... real wage cyclicality in a frictional labour ...ing wage stability over the business ...the cyclicality of the postgraduate-undergraduate wage pre- ...
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Workers' Flows and Real Wage Cyclicality
... From 1986 to 1993 the information was collected in March of each year, and since 1994, in October. There are three main reasons that make this survey a good source for the study of wage cyclicality. The ...
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New Evidence on Real Wage Cyclicality within Employer-Employee Matches
... real wage cyclicality has given particular attention to Devereux’s (2001) most puzzling results about job ...the cyclicality of two wage measures, average hourly earnings over the calendar ...
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Real wage cyclicality of newly hired workers
... Such cyclicality in job assignments could cause the real wages of the rm's worker to be procyclical even if wages by job are ...eective wage per e ciency unit of labor and to an underestimation of the ...
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Workers' Flows and Real Wage Cyclicality
... The …rst includes all the individuals that are present in every year of the twelve years surveyed. Since unique identi…ers are available for each worker, in- dividuals can be followed over the entire sample period. A ...
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Selection and Real wage cyclicality: Germany Case
... real wage cyclicality that, though we have thousands of individuals, each year provides only one business cycle (in our case, regional unemployment) ...for wage changes using individual ...
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Real wage cyclicality in the Eurozone before and during the Great Recession: Evidence from micro data
... Keywords: Wage cyclicality, wage rigidity, Great recession, Euro zone Email: ...on Wage Rigidities and the Business Cycle in Bonn, the ...
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Workers' Reciprocity and the (Ir)relevance of Wage Cyclicality for the Volatility of Job Creation
... the wage would also need to be sufficiently high relative to the firm’s present value of output from a new match (Elsby et ...the wage: only if this margin is small enough will slight changes in ...
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Real Wage Cyclicality of Job Stayers, Within-Company Job Movers, and Between-Company Job Movers
... into wage cyclicality and one that would benefit from more up to date and comprehensive ...of wage cyclicality into within-job, within-employer across job, and across-employer components, ...
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Real wage cyclicality in the PSID
... Real Wage Cyclicality Having studied the behavior of real wages over the business cycle for the population as a whole, it is natural to ask to what extent observed cyclicality differs across major ...
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Wage cyclicality and the wage curve under the microscope
... the wage distribution during downswings and induces (ceteris paribus) countercyclical behavior of aggregate ...low wage workers bear higher risks of becoming unemployed in ...
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Real wage cyclicality of job stayers, within-company job movers, and between-company job movers
... One concern is that employers may re- port hours worked inaccurately, biasing our estimates of wage cyclicality. In particular, if employers report contract hours rather than actual hours worked, reported ...
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Wage cyclicality and the wage curve under the microscope
... standard wage regressions (explaining wage changes by aggregate unemployment changes and controls) for job stayers in the US and finds only weak evidence for wage ...
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Wage Cyclicality Revisited: The Role of Hiring Standards
... In this paper we use ten years of data from www.trabajando.com, an internet job board operating in the Chilean economy. We have access to information on job ads and offered wages, which are point estimates of what ...
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Real wage cyclicality and the Great Depression: evidence from British engineering and metal working firms
... We can improve on the specification in (2) by controlling for occupation and district composition effects. If, for example, the shares of total hours of low-wage occupations and/or low-wage districts are ...
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Real wage cyclicality in urban China
... Real hourly wage is real annual earnings divided by annual total working hours. Nominal annual earnings, which include regular wages and bonuses from the employer, are converted into real annual earnings using ...
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Development and the cyclicality of government spending in the Czech Republic
... of cyclicality varies across spending categories and across OECD ...the cyclicality of government spending across functional ...pro- cyclicality is more likely in smaller functional budgets, but ...
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The cyclicality of hires, separations, and job-to-job transitions
... job during period t, determining the unemploy- ment rate at the start of period t +1. When the time period is sufficiently short, equation (4) con- verges to this simple expression. But with longer time periods, equation ...
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Determinants of Cyclicality of Fiscal Surpluses in The OECD Countries
... Equation (8) defines an ADL(2,2) model, with the primary surplus as the dependent variable and a list of exogenous regressors that include output gap, debt, inflation, the openness of the economy, and the relative level ...
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Fatal Fluctuations? - Cyclicality in Infant Mortality in India
... collapse. No previous study in this literature has investigated cyclicality in maternal labour supply. Instead, it is assumed that women work less in recessio ns. This paper argues that poor families may seek to ...
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