Search results for "Wage"
showing 10 items of 731 documents
Dynamics of female labour force participation in France
2013
International audience; This article formulates and estimates a structural intertemporal model of labour force participation. Relying on theoretical characterizations derived from an economic model of lifetime behaviour, we estimate a dynamic probit model with correlated random effects using longitudinal data to allow for a dynamic structure. The model is applied to a panel of married women drawn from the 1997–2002 French Labour Force surveys in order to represent their participation behaviour. It is estimated by maximum simulated likelihood. Our results show that women’s decisions to go out to work are characterized by significant state dependence, unobserved heterogeneity and negative ser…
Wages and productivity growth in the Nordic countries
1995
Abstract The study examines growth in productivity and real wages in four Nordic countries, viz. Denmark, Finland, Norway and Sweden, thus extending Gordon's (1987) analysis concentrating on the U.S., Japan and Europe. The results confirm certain key findings of Gordon's (1987) study. In particular, the cyclically adjusted measures of productivity growth confirm the slowdown in productivity growth in the mid-1970s. Gordon's finding that there are considerable differences across the different sectors of the economy is similarly supported. As far as country-specific development in productivity growth is concerned, the results imply that there are considerable inter-country differences which G…
European Integration and the Disembedding of Labour Market Regulation: Transnational Labour Relations at theEuropeanCentralBank Construction Site
2013
European integration through mutual recognition has facilitated the growth of a pan-European labour supply system in which transnational subcontractors ‘post’ workers from low-wage areas to higher wage areas. This allows employers to create spaces of exception in which the national industrial relations system of the country where work occurs does not fully apply. Drawing on interviews with managers, workers, unionists and works councillors at the European Central Bank construction site in Frankfurt, Germany, this article shows how transnational subcontracting allows employers to access, and create competition between, sovereign regulatory regimes. It concludes that high-cost, high-collectiv…
How does fiscal policy react to wealth composition and asset prices?
2012
Prova tipográfica
Stochastic monotonicity in intergenerational mobility tables
2010
SUMMARY The aim of this paper is to test for stochastic monotonicity in intergenerational socio-economic mobility tables. In other words, we question whether having a parent from a high socio-economic status is never worse than having one with a lower status. Using existing inferential procedures for testing unconditional stochastic monotonicity, we first test a set of 149 intergenerational mobility tables in 35 different countries and find that monotonicity cannot be rejected in hardly any table. In addition, we propose new testing procedures for testing conditional stochastic monotonicity and investigate whether monotonicity still holds after conditioning on a number of covariates such as…
Wage-setting coordination in a small open economy
2022
This paper studies wage-setting coordination in a two-sector, open economy dynamic stochastic general equilibrium model. Two large sectoral unions anticipate the effects of their wage demands on aggregate variables. In an open economy, there are externalities that the unions can take into account to increase aggregate welfare, but the strategic interaction between the sectoral unions tends to erode this gain. When wage coordination takes place through a wage norm set by either of the sectors, this minimizes the strategic interaction. However, wage norms create welfare losses as sector-specific wage adjustment is required to make an efficient adjustment to shocks. Peer reviewed
Les étudiants anticipent-ils correctement la valeur de leur diplôme sur le marché du travail ?
2013
Documents de travail de l'IREDU, n°2013-1; Ce travail analyse la manière dont les étudiants de première année d'université anticipent leurs salaires futurs, puis compare ces salaires à ceux qu'ils peuvent réellement observer sur le marché du travail. Nos résultats montrent globalement une surestimation des salaires anticipés d'environ 9 pour cent en début de carrière, ce qui est cohérent avec des travaux réalisés dans d'autres pays. En revanche, les salaires anticipés après dix ans de carrières sont supérieurs de 28 pour cent aux salaires observés des diplômés à ancienneté comparable. Les résultats soulignent également l'importance de l'environnement familial lors du choix des études supéri…
WHY DO OBJECTIVE WAGE LEVELS HAVE LESSER IMPACT THAN RELATIVE EARNINGS ON WORK SATISFACTION? COMPARISON OF OBJECTIVE AND SUBJECTIVE WORK EVALUATIONS …
2017
One of the main factors determining job selection decisions are wage levels. Yet a lot of studies show that wages have only a small, diminishing impact on job (and life) satisfaction (Easterlin, 2011; Diener and Biswas-Diener, 2002; Kahnemann and Keaton, 2010). Especially, the short term positive wage-increase effect, is moderated by attained level of income in relation to other’s people earnings (Clark, 2011). This allows for the hypothesis, that the individual evaluation of work compensation will have a stronger impact on work satisfaction than the direct effect of wages has. The presented study compares psychological and economical variable’s impact on job satisfaction. The results, in w…
Why do Third Sector Employees Intend to Remain or Leave their Workplace?
2016
Third sector employees have claimed to enjoy high job satisfaction and low turnover intentions because their work is considered intrinsically rewarding. Employees have strong motivation for public service and they consider the organization’s goals as their own. This makes work meaningful and thus reduces turnover intentions. Changes in the third sector institutional environment, however, have intensified the working environment. This probably undermines job quality and thus increases turnover intentions. The analysis conducted among Finnish third sector employees showed that third sector employees report more turnover intentions than their counterparts in the public or private sector. This …
DSC: software tool for simulation-based design of control strategies applied to wastewater treatment plants.
2011
This paper presents a computer tool called DSC (Simulation based Controllers Design) that enables an easy design of control systems and strategies applied to wastewater treatment plants. Although the control systems are developed and evaluated by simulation, this tool aims to facilitate the direct implementation of the designed control system to the PC of the full-scale WWTP (wastewater treatment plants). The designed control system can be programmed in a dedicated control application and can be connected to either the simulation software or the SCADA of the plant. To this end, the developed DSC incorporates an OPC server (OLE for process control) which facilitates an open-standard communic…