Institute for the Study of Labor

Displaying 1-40 of 650 results

  • White Papers // Aug 2011

    Health And Economic Development: Evidence From The Introduction Of Public Health Care

    This paper investigates the causal effect of changes in health on economic development using a long panel of European countries. Identification is based on the particular timing of the introduction of public health care systems in different countries, which is the random outcome of a political process. The authors document...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    How Policy Changes Affect Shareholder Wealth: The Case Of The Fukushima Daiichi Nuclear Disaster

    This paper analyzes how policy changes affect shareholder wealth in the context of environmental regulation. The authors exploit the unique and unexpected German reaction to the Fukushima Daiichi nuclear disaster, which involved the immediate shutdown of almost half of Germany's nuclear reactors while safety checks were carried out, and a...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Taxes, Wages And Working Hours

    This paper presents estimates of individuals' responses in hourly wages to changes in marginal tax rates. Estimates based on register panel data of Swedish households covering the period 1992 to 2007 produce significant but relatively small net-of-tax rate elasticities. The results vary with family type, with the largest elasticities obtained...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Elasticity Of Supply To The Firm And The Business Cycle

    A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture only snapshots of the parameter. The authors study this parameter over a period that provides substantial variation...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Multidimensional Affluence: Theory And Applications To Germany And The US

    This paper suggests multidimensional affluence measures for the top of the distribution. In contrast to commonly used top income shares, they allow the analysis of the extent, intensity and breadth of affluence in several dimensions within a common framework. The authors illustrate this by analyzing the role of income and...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Exports, Imports And Firm Survival: First Evidence For Manufacturing Enterprises In Germany

    This paper documents the relationship between firm survival and three types of international trade activities - exports, imports and two-way trade. It uses unique new representative data for manufacturing enterprises from Germany, one of the leading actors on the world market for goods, that merge information from surveys performed by...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    The Use Of Violence In Illegal Markets: Evidence From Mahogany Trade In The Brazilian Amazon

    Agents operating in illegal markets cannot resort to the justice system to guarantee property rights, to enforce contracts, or to seek protection from competitors' improper behaviors. In these contexts, violence is used to enforce previous agreements and to fight for market share. This relationship plays a major role in the...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Access To Justice And Entrepreneurship: Evidence From Brazil's Special Civil Tribunals

    Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper contributes to this literature by evaluating the role of access to justice...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    International Trade And Firm Performance: A Survey Of Empirical Studies Since 2006

    The literature on international trade and firm performance grows exponentially. This paper attempts to summarize what we learn from this literature to guide both future empirical and theoretical work in this area, and public debates and policy makers, in an evidence-based way. The focus is on the empirical part of...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Job Re-grading, Real Wages, And The Cycle

    This paper makes use of the British New Earnings Survey Panel Dataset between 1976 and 2010. It consists of individual-level payroll data and comprises a random sample of 1% of the entire male and female labor force. About two-thirds of within- and between-company moves involve job re-grading (measured at 3-digit...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Tax Policy And Income Inequality In The U.S., 1978-2009: A Decomposition Approach

    The authors assess the effects of U.S. tax policy reforms on inequality by applying a new decomposition method that allows them to disentangle mechanical effects due to changes in pre-tax incomes from direct effects of policy reforms. While tax reforms implemented under Democrat administrations, in particular the EITC reforms in...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Income Inequality, Mobility, And The Welfare State: A Political Economy Model

    In this paper, the authors set up a three-period stochastic overlapping generations model to analyze the implications of income inequality and mobility for demand for redistribution and social insurance. They model the size of two different public programs under the welfare state. They investigate bidimensional voting on the tax rates...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    R&D And Employment: Some Evidence From European Microdata

    After discussing theory regarding the consequences of technological change on employment and surveying previous microeconometric literature, the authors' aim with this paper is to test the possible job creation effect of business R&D expenditures, using a unique longitudinal database covering 677 European manufacturing and service firms over the period 1990-2008....

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Labor Markets And Labor Market Institutions In Transition Economies

    This paper summarizes the evolution of labor markets and labor market institutions and policies in the countries of Central and Eastern Europe as well as of Central Asia over the last two decades. The main focus is on the evolution of labor market institutions, which are among candidate explanations for...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Enforcement Of Labor Regulation And Informality

    Enforcement of labor regulations in the formal sector may drive workers to informality because they increase the costs of formal labor. But better compliance with mandated benefits makes it attractive to be a formal employee. The authors show that, in locations with frequent inspections workers pay for mandated benefits by...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Gender Gaps Across Countries And Skills: Supply, Demand And The Industry Structure

    The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework, this positive correlation would reveal the presence of...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Social Interactions In The Labor Market

    The authors examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group average. The demand for a good may also be...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Minimum Wages And Teen Employment: A Spatial Panel Approach

    The authors employ spatial econometrics techniques and Annual Averages data from the U.S. Bureau of Labor Statistics for 1990-2004 to examine how changes in the minimum wage affect teen employment. Spatial econometrics techniques account for the fact that employment is correlated across states. Such correlation may exist if a change...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    The Trend Over Time Of The Gender Wage Gap In Italy

    The authors analyze gender wage inequalities in Italy in the mid-1990s and in the mid-2000s. In this period important labour market developments occurred: institutional changes have loosened the use of flexible and atypical contracts; the female employment rates and educational levels have substantially increased. They identify the time trends of...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Real Exchange Rate, Foreign Trade And Employment: Evidence From China

    Coordination of macro-economic development and employment is an essential issue for China's social development, which largely depends on economic expansion, as well as integration into the global market to create jobs. Through the literature review and empirical test, this paper analyzes the relationship between macro-economic policy and employment, and discusses...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Economic Conditions At The Time Of Birth And Cognitive Abilities Late In Life: Evidence From Eleven European Countries

    With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios, retirement schemes, pensions and insurances, it becomes increasingly important to understand the determinants of cognitive ability among the elderly. Macro-economic recession and boom periods provide a unique opportunity to study the effect of changes in the...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Conflict And Its Impact On Educational Accumulation And Enrollment In Colombia: What We Can Learn From Recent IDPS

    Forty years of low-intensity internal armed conflict has made Colombia home to the world's second largest population of Internally Displaced Persons (IDPs). The effect of being directly impacted by conflict on a child's educational accumulation and enrollment is of particular concern because of the critical role that education plays in...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Does It Pay To Be Productive? The Case Of Age Groups

    Using longitudinal matched employer-employee data for the period 1999-2006, the authors investigate the relationship between age, wage and productivity in the Belgian private sector. More precisely, they examine how changes in the proportions of young (16-29 years), middle-aged (30-49 years) and older (more than 49 years) workers affect the productivity...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Wage Dispersion And Labor Turnover With Adverse Selection

    The authors consider a model of on-the-job search where firms offer long-term wage contracts to workers of different ability. Firms do not observe worker ability upon hiring but learn it gradually over time. With sufficiently strong information frictions, low-wage firms offer separating contracts and hire all types of workers in...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Teachers' Salaries In Latin America: How Much Are They (Under Or Over) Paid?

    This paper documents the extent to which teachers are underpaid vis-?-vis workers in other professional and technical occupations in Latin America circa 2007. These labor earnings differences, attributed to observable socio-demographic and job characteristics, are assessed using a matching methodology (?opo, 2008). Teachers' underpayment is found to be stronger than...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Integrating Personality Psychology Into Economics

    This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology. What can economists learn from and contribute to personality psychology? What do we learn from personality psychology? Personality traits predict many behaviors - sometimes with...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Search, Effort, And Locus Of Control

    The authors test the hypothesis that locus of control - one's perception of control over events in life - influences search by affecting beliefs about the efficacy of search effort in a laboratory experiment. They find that reservation offers and effort are increasing in the belief that one's efforts influence...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Teachers~ Salaries In Latin America: How Much Are They (Under Or Over) Paid?

    This paper documents the extent to which teachers are underpaid vis-?-vis workers in other professional and technical occupations in Latin America circa 2007. These labor earnings differences, attributed to observable socio-demographic and job characteristics, are assessed using a matching methodology (?opo, 2008). Teachers' underpayment is found to be stronger than...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    The Causal Effect Of Education On Health: What Is The Role Of Health Behaviors?

    In this paper, the authors investigate the contribution of health related behaviors to the education gradient, using an empirical approach that addresses the endogeneity of both education and behaviors in the health production function. They apply this approach to a multi-country data set, which includes 12 European countries and has...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    The Stability Of Big-five Personality Traits

    The authors use a large, nationally-representative sample of working-age adults to demonstrate that personality (as measured by the Big Five) is stable over a four-year period. Average personality changes are small and do not vary substantially across age groups. Intra-individual personality change is generally unrelated to experiencing adverse life events...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    Underreporting Of Earnings And The Minimum Wage Spike

    This paper documents a positive correlation within European labor markets between the proportion of full-time employees with earnings on the minimum wage and the extent of underreporting of earnings in the economy. Using a simple model of a competitive labor market, the author shows how this correlation can emerge as...

    Provided By Institute for the Study of Labor

  • White Papers // Aug 2011

    The Effect Of Variable Pay Schemes On Workplace Absenteeism

    The authors estimate the effect of variable pay schemes on workplace absenteeism using two cross sections of British establishments. Private sector establishments that explicitly link pay with individual performance are found to have significantly lower absence rates. This effect is stronger for establishments that offer variable pay schemes to a...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    Parental Job Loss And Children's Health: Ten Years After The Massive Layoff Of The SOEs' Workers In China

    Beginning in the mid 1990s, China sped up its urban labor market reform and drastically restructured its State-Owned Enterprises (SOEs), which resulted in massive layoff of the SOEs' workers and a high unemployment rate. In this paper, the authors investigate the impact of the parents' job loss on the health...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    The Effect Of An Acute Health Shock On Work Behavior: Evidence From Different Health Care Regimes

    The authors study how severe acute health shocks affect the probability of not working in the U. S. versus in Denmark. The results not only provide insight into how relative disease risk affects labor force participation at older ages, but also into how different types of health care and health...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    Detecting Mortgage Delinquencies

    Economic hardship is strongly reflected by the housing market. It is the concern of much research, but its analysis is often obstructed by insufficient lagged data. This paper evaluates search intensity for "Hardship letter" from Google Insights to detect ensuing mortgage delinquencies. Such searches locate documents which assist to write...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    Role Selection And Team Performance

    Team success relies on assigning team members to the right tasks. The authors use controlled experiments to study how roles are assigned within teams and how this affects team performance. Subjects play the takeover game in pairs consisting of a buyer and a seller. Understanding optimal play is very demanding...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    Manipulation Of Choice Behavior

    The authors introduce and study the problem of manipulation of choice behavior. In a class of two-stage models of decision making, with the agent's choices determined by three "Psychological variables," they imagine that a subset of these variables can be selected by a "Manipulator." To what extent does this confer...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    Substitution Between Individual And Cultural Capital: Pre-migration Labor Supply, Culture And US Labor Market Outcomes Among Immigrant Woman

    In this paper, the authors use New Immigrant Survey data to investigate the impact of immigrant women's own labor supply prior to migrating and female labor supply in their source country to provide evidence on the role of human capital and culture in affecting their labor supply and wages in...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    China's Emergence In The World Economy And Business Cycles In Latin America

    The international business cycle is very important for Latin America's economic performance as the recent global crisis vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have altered the transmission mechanism of international business cycles to Latin America. Evidence...

    Provided By Institute for the Study of Labor

  • White Papers // Jul 2011

    Surviving The Crisis: Foreign Multinationals Vs Domestic Firms In Ireland

    Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by the crisis, the paper asks whether there is a difference in the behaviour of foreign and domestic firms. One hypothesis is that foreign multinationals are less linked into the Irish...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Have Labour Market Reforms At The Turn Of The Millennium Changed Job Durations Of The New Entrants? A Comparative Study For Germany And Italy

    According to the aims of the labour market reforms of the 90s implemented in many European countries, workers may stay at their first job for a shorter time, but should be able to switch jobs easily. This would generate a trade-off between job opportunities and job stability. This paper addresses...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Substitution Between Managers And Subordinates: Evidence From British Football

    The authors use data on British football managers and teams over the 1994-2007 period to study substitution and complementarity between leaders and subordinates. They find for the Premier League (the highest level of competition) that, other things being equal, managers who themselves played at a higher level raise the productivity...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Tobit Or Not Tobit?

    Time-use surveys collect very detailed information about individuals' activities over a short period of time, typically one day. As a result, a large fraction of observations have values of zero for the time spent in many activities, even for individuals who do the activity on a regular basis. For example,...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Adverse Workplace Conditions, High-involvement Work Practices And Labor Turnover: Evidence From Danish Linked Employer-employee Data

    This paper contributes to the emerging strand of the empirical literature that takes advantage of new data on workplace-specific job attributes and voluntary employee turnover to shed fresh insights on the relationship between employee turnover, adverse workplace conditions and HRM environments. The authors find evidence that workers in hazardous workplace...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Excess Turnover And Employment Growth: Firm And Match Heterogeneity

    Portuguese firms engage in intense reallocation, most employers simultaneously hire and separate from workers, resulting in a large heterogeneity of flows and excess turnover. Large and older firms have lower flows, but high excess turnover rates. In small firms, hires and separations move symmetrically during expansion and contraction periods, on...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    How Fast Do Wages Adjust To Human-Capital Productivity? Dynamic Panel-data Evidence From Belgium, Denmark And Finland

    The standard human-capital model is based on the assumption that the observed wage of an individual is equal to the monetary value of the individual net human-capital productivity, the so-called net potential wage. The authors argue that this assumption is rejected by the ECHP data for Belgium, Denmark and Finland....

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Investment In Human Capital During Incarceration And Employment Prospects Of Prisoners

    The costs of incarceration and recidivism to the community are substantial. These costs not only include the direct costs of imprisonment but also the opportunity costs arising from depletion of human capital and loss of output. Policy makers have emphasized the importance of rehabilitating prisoners as a way of reducing...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    The Distributional Impact Of In Kind Public Benefits In European Countries

    International comparisons of inequality based on measures of disposable income may not be valid if the size and incidence of publicly-provided in kind benefits differ across the countries considered. The benefits that are financed by taxation in one country may need to be purchased out of disposable income in another....

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Intensifying The Use Of Benefit Sanctions: An Effective Tool To Shorten Welfare Receipt And Speed Up Transitions To Employment?

    Benefit sanctions imposed on non-compliant welfare recipients are a new element in the German welfare system. In practice, the sanction policy and the application of sanctions vary considerably across the 439 welfare agencies. Based on combined administrative and survey data, these differences are used as instrumental variables to estimate the...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Human Capital Spillovers, Productivity And Regional Convergence In Spain

    This paper analyzes the differential impact of human capital, in terms of different levels of schooling, on regional productivity and convergence. The potential existence of geographical spillovers of human capital is also considered by applying spatial panel data techniques. The empirical analysis of Spanish provinces between 1980 and 2007 confirms...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Do Institutions Have A Greater Effect On Female Entrepreneurs?

    This paper compares the impact of institutions on individual decisions to become entrepreneurs in the form of new business start ups by males and females across 44 developed and developing economies between 1998 and 2004. The authors test four hypotheses; that women are less likely to undertake entrepreneurial activity in...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    The Impact Of Local Decentralization On Economic Growth: Evidence From U.S. Counties

    The authors analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Their findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. They find that single-purpose governments per square mile have a...

    Provided By Institute for the Study of Labor

  • White Papers // Nov 2009

    Some Evidence On The Nature Of Urbanization Economies

    Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities of population - and even larger...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Commuting, Wages And Bargaining Power

    A search model of the labor market is augmented to include commuting time to work. The theory posits that wages are positively related to commute distance, by a factor itself depending negatively on the bargaining power of workers. Since not all combinations of distance and wages are accepted, there is...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Policy Relevant Heterogeneity In The Value Of Statistical Life: New Evidence From Panel Data Quantile Regressions

    The authors examine differences in the Value of Statistical Life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Their findings indicate that a reasonable average cost per expected life saved cut-off for health and...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Two Heads Are Less Bubbly Than One: Team Decision-making In An Experimental Asset Market

    The authors study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced by Smith, Suchanek and Williams (1988). They find that populating such markets with teams of size two instead of individuals significantly reduces the severity of mispricing. In particular they observe...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Health And Income: A Robust Comparison Of Canada And The US

    This paper uses sequential stochastic dominance procedures to compare the joint distribution of health and income across space and time. It is the first application of which the authors were aware of methods to compare multidimensional distributions of income and health using procedures that are robust to aggregation techniques. The...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Credit Constraints And The Persistence Of Unemployment

    In this paper, the authors argue that credit market imperfections impact not only the level of unemployment, but also its persistence. For this purpose, they first develop a theoretical model based on the equilibrium matching framework of Mortensen and Pissarides (1999) and Pissarides (2000) where they introduce credit constraints. They...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Firm Dynamics And Real Exchange Rate Fluctuations: Does Trade Openness Matter? Evidence From Mexico's Manufacturing Sector

    In this paper, the authors study the effect of NAFTA on the responsiveness of Mexican economy to real exchange rate shocks. They argue that, by opening the U.S. and Canadian markets to Mexican goods, NAFTA made it easier for domestic producers to take advantage of the opportunities brought by the...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    The Employment Of Temporary Agency Workers In The UK: With Or Against The Trade Unions?

    A firm's decision to employ agency workers may be perceived as a replacement of directly employed workers or as way to curb union power, which trade unions would oppose. Alternatively, trade unions may encourage the (temporary) employment of agency workers in a firm, if they manage to bargain higher wages...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Can Workers' Expectations Account For The Persistence Of Discrimination?

    The paper explains how workers' expectations of being discriminated against can be self-confirming, accounting for the persistence of unequal outcomes in the labour market even beyond the causes that originally generated them. The theoretical framework used is a two-stage game of incomplete information in which one employer promotes only one...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    The Institutional Context Of An "Empirical Law": The Wage Curve Under Different Regimes Of Collective Bargaining

    The wage curve identified by Blanchflower and Oswald (1994) postulates that the wage level is a decreasing function of the regional unemployment rate. In testing this hypothesis, most empirical studies have not taken into account that differences in the institutional framework may have an impact on the existence (or the...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Co-determination And Innovation

    This paper examines the effect of the German co-determination law of 1976 (MitbestG) on the innovative activity of German firms. Co-determination applies to firms with 2000 employees or more. Data from 1971-1976 and 1981-1990 on 148 firms are used to compare the number of patents granted to co-determined firms before...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    SME Policy And Firms? Productivity In Latin America

    Very little is known about the effectiveness of SME policies, and a careful look at the structure, mechanisms and incentives provided by these policies suggest caution in their implementation and, most importantly, the need to carefully and closely monitor their results. This paper relies on the microeconometric analysis of a...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Employment Protection Legislation In Russia: Regional Enforcement And Labour Market Outcomes

    Since formal laws can be observed or ignored to varying degrees, the actual enforcement regime shapes incentives and constraints. Most of the studies exploring EPL effects on labour market performance implicitly assume that EPL compliance is near to complete and therefore all firms bear full adjustment costs incurred by the...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    Prospective NATO Or EU Membership And Institutional Change In Transition Countries

    This paper quantifies the impact of incentives related to potential membership on institutional change as measured by the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 the authors show that pre-accession incentives provided by EU and NATO clearly...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Portfolio Allocation In The Face Of A Means-tested Public Pension

    Is there evidence that households adjust their asset portfolios just prior to retirement in response to a means-tested public pension? The authors address this question by estimating a system of asset equations constrained to add up to net worth. They find little evidence that in 2006 healthy households or couples...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    The Gender Gap In Early Career In Mongolia

    Relatively little is known about the youth labor market in general and about gender differences in Mongolia, one of the fifty poorest countries in the world. This paper addresses the issue by taking advantage of a School To Work Survey (SWTS) on young people aged 15-29 years carried out in...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Eliciting Individual Preferences For Pension Reform

    Pension systems have recently been under scrutiny because of the expected population aging threatening its sustainability. This paper's contribution to the debate is from a political economic perspective as it uses data from a choice experiment to investigate individual preferences for an alternative state pension scheme based around preferences for...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Openness And Technological Innovation In East Asia: Have They Increased The Demand For Skills?

    This paper asks whether the increased openness and technological innovation in East Asia have contributed to an increased demand for skills in the region. The authors explore a unique firm level data set across eight countries. Their results strongly support the idea that greater openness and technology adoption have increased...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Motivational Goal Bracketing

    It is a puzzle why people often evaluate consequences of choices separately (narrow bracketing) rather than jointly (broad bracketing). The authors study the hypothesis that a present-biased individual, who faces two tasks, may bracket his goals narrowly for motivational reasons. Goals motivate because they serve as reference points that make...

    Provided By Institute for the Study of Labor

  • White Papers // Oct 2009

    Discrimination In A Low-wage Labor Market: A Field Experiment

    Decades of racial progress have led some researchers and policymakers to doubt that discrimination remains an important cause of economic inequality. To study contemporary discrimination the authors conducted a field experiment in the low-wage labor market of New York City. The experiment recruited white, black, and Latino job applicants, called...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    The Impact Of Chernobyl On Health And Labour Market Performance In The Ukraine

    Using longitudinal data from the Ukraine, the authors examine the extent of any long-lasting effects of radiation exposure from the Chernobyl disaster on the health and labour market performance of the adult workforce. The variation in the local area level of radiation fallout from the Chernobyl accident is considered as...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    Better Protected, Better Paid: Evidence On How Employment Protection Affects Wages

    This paper empirically establishes the effect of the employer's term of notice on the wage level of employees. The term of notice is defined as the period an employer has to notify workers in advance of their upcoming dismissal. The wages paid during this period are an important element of...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    Fiscal Competition For Imperfectly-mobile Labor And Capital: A Comparative Dynamic Analysis

    Interjurisdictional flows of imperfectly-mobile migrants, investment, and other productive resources result in the costly dynamic adjustment of resource stocks. This paper investigates the comparative dynamics of adjustment to changes in local fiscal policy with two imperfectly mobile productive resources. The intertemporal adjustments for both resources depend on complementarity/substitutability in production...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    Is The Wage Curve Formal Or Informal? Evidence For Colombia

    The objective of this paper is to analyze the existence or not of a wage curve in Colombia, paying special attention to the differences between formal and informal workers, an issue that has been systematically ignored in the wage curve literature. The obtained results using microdata from the Colombian Continuous...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    Apprenticeship Training And The Business Cycle

    Dual apprenticeship training is a market-driven form of education at the upper secondary level, taking place in firms as well as in vocational schools. So far, little is known about the impact of the business cycle on the number of apprenticeship programs offered by firms. Using panel-data of Swiss cantons...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    What Should Be Done About Rising Unemployment In The OECD?

    There is a growing belief that the recession has run its course and that the goods market has started a period of slow, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will return to its 2007 level in the medium term....

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    20 Years Of German Unification: Evidence On Income Convergence And Heterogeneity

    The authors analyze the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German SOcio-Economic Panel (GSOEP), they compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West Germany over the fifteen years for...

    Provided By Institute for the Study of Labor

  • White Papers // Sep 2009

    Regional Economic Growth And Human Capital: The Role Of Overeducation

    The paper analyzes the link between human capital and regional economic growth in the European Union. Using various indicators of human capital calculated from census microdata, the authors conclude that the recent economic performance of European regions is associated with an increase in overeducation. In fact, measures of educational mismatch...

    Provided By Institute for the Study of Labor