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  1. The effects of partial employment protection reforms
    evidence from Italy
    Erschienen: April 2020
    Verlag:  Centro Studi Luca d'Agliano, [Milano]

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    Schriftenreihe: Development studies working papers / Centro Studi Luca d'Agliano ; n. 463
    Schlagworte: Arbeitsmarktreform; Arbeitsmarktflexibilität; Beschäftigungseffekt; Befristete Beschäftigung; Arbeitskosten; Tarifvertrag; Italien
    Umfang: 1 Online-Ressource (circa 121 Seiten), Illustrationen
  2. It Ain't Where You're From, It's Where You're At
    Hiring Origins, Firm Heterogeneity, and Wages
    Erschienen: 2021
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    We develop a theoretically grounded extension of the two-way fixed effects model of Abowd et al. (1999) that allows firms to differ both in the wages they offer new hires and the wages required to poach their employees. Expected hiring wages are... mehr

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    We develop a theoretically grounded extension of the two-way fixed effects model of Abowd et al. (1999) that allows firms to differ both in the wages they offer new hires and the wages required to poach their employees. Expected hiring wages are modeled as the sum of a worker fixed effect, a fixed effect for the "destination" firm hiring the worker, and a fixed effect for the "origin" firm, or labor market state, from which the worker was hired. This specification is shown to nest the reduced form for hiring wages delivered by semi-parametric formulations of the sequential auction model of Postel-Vinay and Robin (2002b) and its generalization in Bagger et al. (2014). Using Italian social security records that distinguish job quits from firings and layoffs, we find that origin effects explain only 0.7% of the variance of hiring wages among job movers, while destination effects explain more than 23% of the variance. Across firms, destination effects are more than 13 times as variable as origin effects. Interpreted through the lens of Bagger et al. (2014)'s model, this finding requires that workers possess implausibly strong bargaining strength. Studying a cohort of workers entering the Italian labor market in 2005, we find that differences in origin effects yield essentially no contribution to the evolution of the gender gap in hiring wages, while differences in destination effects explain the majority of the gap at the time of labor market entry. These results suggest that where a worker is hired from is relatively inconsequential for his or her wages in comparison to where he or she is currently employed

     

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    Schriftenreihe: NBER working paper series ; no. w28917
    Schlagworte: Personalbeschaffung; Lohnniveau; Arbeitsvertrag; Italien
    Umfang: 1 Online-Ressource, illustrations (black and white)
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  3. "It ain’t where you're from, it's where you're at": hiring origins, firm heterogeneity, and wages
    Erschienen: June 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We develop a theoretically grounded extension of the two-way fixed effects model of Abowd et al. (1999) that allows firms to differ both in the wages they offer new hires and the wages required to poach their employees. Expected hiring wages are... mehr

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    We develop a theoretically grounded extension of the two-way fixed effects model of Abowd et al. (1999) that allows firms to differ both in the wages they offer new hires and the wages required to poach their employees. Expected hiring wages are modeled as the sum of a worker fixed effect, a fixed effect for the "destination" firm hiring the worker, and a fixed effect for the "origin" firm, or labor market state, from which the worker was hired. This specification is shown to nest the reduced form for hiring wages delivered by semi-parametric formulations of the sequential auction model of Postel-Vinay and Robin (2002b) and its generalization in Bagger et al. (2014). Using Italian social security records that distinguish job quits from firings and layoffs, we find that origin effects explain only 0.7% of the variance of hiring wages among job movers, while destination effects explain more than 23% of the variance. Across firms, destination effects are more than 13 times as variable as origin effects. Interpreted through the lens of Bagger et al. (2014)'s model, this finding requires that workers possess implausibly strong bargaining strength. Studying a cohort of workers entering the Italian labor market in 2005, we find that differences in origin effects yield essentially no contribution to the evolution of the gender gap in hiring wages, while differences in destination effects explain the majority of the gap at the time of labor market entry. These results suggest that where a worker is hired from is relatively inconsequential for his or her wages in comparison to where he or she is currently employed.

     

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    Schriftenreihe: Discussion paper series / IZA ; no. 14446
    Schlagworte: hiring wages; sequential auctions; firm effects; bargaining; gender wage gap
    Umfang: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  4. Do Workers Bargain over Wages?
    A Test Using Dual Jobholders
    Erschienen: 2021
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    This paper examines the behavior of dual jobholders to test a simple model of wage bargaining versus wage posting in which workers facing hours constraints in their primary job take a second, flexible-hours job for additional income. When a secondary... mehr

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    This paper examines the behavior of dual jobholders to test a simple model of wage bargaining versus wage posting in which workers facing hours constraints in their primary job take a second, flexible-hours job for additional income. When a secondary job offers a sufficiently high wage, a worker either bargains with the primary employer for a wage increase or separates. The bargaining model provides a number of predictions that we test using matched employer-employee administrative data from Washington State. The estimates match the model's predictions quite well. First, separation probabilities in the primary job are sensitive to wages in the secondary job, but hours are not. Second, hours and separations in the secondary job are sensitive to wages in the primary job due to income effects. Third, wage bargaining takes place mainly among workers in the highest wage quartile; for these workers, wage increases in the secondary job lead to wage increases in the primary job. In contrast, for workers in the lowest wage quartile, wage increases in the secondary job lead to higher separation rates but no significant wage increase in the primary job, consistent with wage posting. These patterns suggest that high-wage workers receive a larger share of the surplus generated by the employment relationship

     

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    Schriftenreihe: NBER working paper series ; no. w28409
    Schlagworte: Nebentätigkeit; Verhandlungstheorie des Lohnes; Washington (Staat)
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  5. Leave-out estimation of variance components
    Erschienen: September 2019
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 26244
    Schlagworte: Schätztheorie; Ökonometrie
    Umfang: 103 Seiten
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  6. Wage posting or wage bargaining?
    a test using dual jobholders
    Erschienen: 1-7-2022
    Verlag:  W.E. Upjohn Institute for Employment Research, Kalamazoo, MI

    This paper examines the behavior of dual jobholders to test a simple model of wage bargaining and wage posting. We estimate the sensitivity of wages and separation rates to wage shocks in a worker's secondary job to assess the degree of bargaining... mehr

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    This paper examines the behavior of dual jobholders to test a simple model of wage bargaining and wage posting. We estimate the sensitivity of wages and separation rates to wage shocks in a worker's secondary job to assess the degree of bargaining versus wage posting in the labor market. We interpret the evidence within a model where workers facing hours constraints in their primary job may take a second, flexible-hours job for additional income. When a secondary job offers a sufficiently high wage, a worker either bargains with the primary employer for a wage increase or separates. The model provides a number of predictions that we test using matched employer-employee administrative data from Washington State. In the aggregate, wage bargaining appears to be a limited determinant of wage setting. The estimated wage response to improved outside options, which we interpret as bargaining, is precisely estimated, but qualitatively small. Wage posting appears to be more important than bargaining for wage determination overall, and especially in lower parts of the wage distribution. Observed wage bargaining takes place mainly among workers in the highest wage quartile. For this group, improved outside options translate to higher wages, but not higher separation rates. In contrast, for workers in the lowest wage quartile, wage increases in the secondary job lead to higher separation rates but no significant wage increase in the primary job, consistent with wage posting. We also find evidence in support of the hours-constraint model for dual jobholding. In particular, work hours in the primary job do not respond to wages in the secondary job, but hours and separations in the secondary job are sensitive to wages in the primary job due to income effects.

     

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    Schriftenreihe: Upjohn Institute working paper ; 22, 359
    Schlagworte: wage bargaining; wage posting; dual jobholders; employer-employee; secondary jobs; workhours
    Umfang: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  7. The unequal cost of job loss across countries
    Erschienen: January 2022
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience... mehr

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    We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and Austrian workers face earnings losses somewhere in-between. Key to these differences is that Southern European workers are less likely to find employment following displacement. Loss of employer-specific wage premiums accounts for 40% to 95% of within-country wage declines. The use of active labor market policies predicts a significant portion of the cross-country heterogeneity in earnings losses.

     

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    hdl: 10419/250694
    Schriftenreihe: Discussion paper series / IZA ; no. 15033
    Schlagworte: job loss costs; wage dynamics; labor turnover; layoffs; labor market institutions; cross-country matched employer-employee dataset
    Umfang: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  8. The Unequal Cost of Job Loss across Countries
    Erschienen: 2022
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience... mehr

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    We document the consequences of losing a job across countries using a harmonized research design. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and Austrian workers face earnings losses somewhere in-between. Key to these differences is that Southern European workers are less likely to find employment following displacement. Loss of employer-specific wage premiums accounts for 40% to 95% of within-country wage declines. The use of active labor market policies predicts a significant portion of the cross-country heterogeneity in earnings losses

     

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    Schriftenreihe: NBER working paper series ; no. w29727
    Schlagworte: Kündigung; Arbeitslosigkeit; Beschäftigungseffekt; Lohn; Haushaltseinkommen; Österreich; Dänemark; Frankreich; Italien; Portugal; Spanien; Schweden
    Umfang: 1 Online-Ressource, illustrations (black and white)
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  9. The unequal consequences of job loss across countries
    Erschienen: [2022]
    Verlag:  IFAU, Institute for Evaluation of Labour Market and Education Policy, Uppsala

    We document the consequences of losing a job across countries using a harmonized research design applied to seven matched employer-employee datasets. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement,... mehr

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    We document the consequences of losing a job across countries using a harmonized research design applied to seven matched employer-employee datasets. Workers in Denmark and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal experience losses three times as high. French and Austrian workers face earnings losses somewhere in between. Key to these differences is that Southern European workers are less likely to find employment following displacement. Loss of employerspecific wage premiums explains a substantial portion of wage losses in all countries.

     

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    hdl: 10419/265161
    Schriftenreihe: Working paper / Institute for Evaluation of Labour Market and Education Policy ; 2022, 10
    Schlagworte: Job loss Effects; Wage dynamics; Labor turnover; Mass Layoffs
    Umfang: 1 Online-Ressource (circa 67 Seiten), Illustrationen
  10. It ain't where you're from it's where you're at
    firm effects, state dependence, and the gender wage gap
    Erschienen: [2022]
    Verlag:  Banca d'Italia Eurosistema, [Rom]

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    Schriftenreihe: Temi di discussione / Banca d'Italia ; number 1374 (June 2022)
    Schlagworte: hiring wages; sequential auctions; firm effects; bargaining; gender wage gap
    Umfang: 1 Online-Ressource (circa 75 Seiten), Illustrationen
  11. The unequal consequences of job loss across countries

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    Schriftenreihe: Documentos de trabajo / Banco de España, Eurosistema ; no. 2224
    Schlagworte: job loss effects; wage dynamics; labor turnover; layoffs; matched employer-employee dataset
    Umfang: 1 Online-Ressource (circa 65 Seiten), Illustrationen
  12. Do firm effects drift?
    evidence from Washington administrative data
    Erschienen: January 2020
    Verlag:  National Bureau of Economic Research, Cambridge, MA

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    Schriftenreihe: Working paper series / National Bureau of Economic Research ; 26653
    Schlagworte: Lohnniveau; Lohnstruktur; Lohntheorie; USA
    Umfang: 30 Seiten, 20 ungezählte Seiten, Illustrationen
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  13. Do firm effects drift?
    evidence from Washington administrative data
    Erschienen: October 31, 2019
    Verlag:  Princeton University, Industrial Relations Section, Princeton

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    Schriftenreihe: Working paper / Princeton University, Industrial Relations Section ; #629
    Schlagworte: Lohnniveau; Lohnstruktur; Lohntheorie; USA
    Umfang: 1 Online-Ressource (circa 48 Seiten), Illustrationen
  14. Managerial horizon and corporate labor policies
    evidence from fixed-term boards
    Erschienen: March 2023
    Verlag:  Centro Studi Luca d'Agliano, [Milano]

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    Schriftenreihe: Development studies working papers / Centro Studi Luca d'Agliano ; n. 485
    Schlagworte: Management; Vorstand; Betriebszugehörigkeit; Organisationale Entscheidung; Personalmanagement; Italien
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  15. The effects of partial employment protection reforms
    evidence from Italy
    Erschienen: [2022]
    Verlag:  Banca d'Italia Eurosistema, [Rom]

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    Schriftenreihe: Temi di discussione / Banca d'Italia ; number 1390 (November 2022)
    Schlagworte: reform evaluation; contracts; employment; wages; profits
    Umfang: 1 Online-Ressource (circa 129 Seiten), Illustrationen
  16. Work Hours Mismatch
    Erschienen: May 2023
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    This paper uses a revealed preference approach applied to administrative data from Washington to document and characterize work-hour constraints. Workers have limited discretion over hours at a given employer, and there is substantial mismatch... mehr

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    This paper uses a revealed preference approach applied to administrative data from Washington to document and characterize work-hour constraints. Workers have limited discretion over hours at a given employer, and there is substantial mismatch between workers who prefer long hours and employers that provide short hours. Voluntary job transitions suggest that the ratio of the marginal rate of substitution of earnings for hours (MRS) to the wage rate is on the order of 0.5-0.6 for prime-age workers. The average absolute deviation between observed hours and optimal hours is about 15%, and constraints on hours are particularly acute among low-wage workers. On average, observed hours tend to be less than preferred levels, and workers would require a 12% higher wage with their current employer to be as well off as they would be after moving to an employer offering ideal hours. These findings suggest that hours constraints are an equilibrium feature of the labor market because long-hour jobs are costly to employers, and that employers offer high-wage/long-hour packages to increase their overall value of employment

     

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    Schriftenreihe: NBER working paper series ; no. w31205
    Schlagworte: Arbeitszeit; Arbeitszeitgestaltung; Zeitlohn; Matching; Offenbarte Präferenzen; USA; General
    Umfang: 1 Online-Ressource, illustrations (black and white)
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  17. Organized Crime and Economic Growth
    Evidence from Municipalities Infiltrated by the Mafia
    Erschienen: December 2023
    Verlag:  National Bureau of Economic Research, Cambridge, Mass

    This paper studies the long-run economic impact of dismissing city councils infiltrated by organized crime. Applying a matched difference-in-differences design to the universe of Italian social security records, we find that city council dismissals... mehr

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    This paper studies the long-run economic impact of dismissing city councils infiltrated by organized crime. Applying a matched difference-in-differences design to the universe of Italian social security records, we find that city council dismissals (CCDs) increase employment, the number of firms, and industrial real estate prices. The effects are concentrated in Mafia-dominated sectors and in municipalities where fewer incumbents are re-elected. The dismissals generate large economic returns by weakening the Mafia and fostering trust in local institutions. The analysis suggests that CCDs represent an effective intervention for establishing legitimacy and spurring economic activity in areas dominated by organized crime

     

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    Schriftenreihe: NBER working paper series ; no. w32002
    Schlagworte: Organisierte Kriminalität; Kommunale Selbstverwaltung; Öffentliche Verwaltung; Kündigung; Anti-Korruption; Wirkungsanalyse; Italien; National Government Expenditures and Related Policies; Labor Economics Policies; General
    Umfang: 1 Online-Ressource, illustrations (black and white)
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