Stay updated with breaking news from Wage Structure. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Differences in labour market outcomes between East and West Germany persist, 30 years after reunification. Using high-quality administrative data from Germany, this column documents that East German plants face a steeper size–wage curve than West German ones, invest less in marketing, remain smaller, and, on average, pay lower wages. A model with labour market monopsony,
An Introduction to Class Struggle in the US, 1973-1998
Relatively little is known about the patterns of inequality in developing countries, despite their importance for designing social and economic policies. This column analyses administrative and household data to describe the trends in earnings inequality and dynamics in Brazil since late 1980s. The findings suggest that the observed fall in earnings inequality and volatility
Alan Manning, Barbara Petrongolo The outbreak of the COVID-19 pandemic this year has led to a surge in teleworking and caused renewed interest in studying the importance of commuting patterns for geographical labour markets. Geographical labour markets are usually denoted as commuting zones, and many economic phenomena are studied at the commuting zone level. An important aspect of a commuting zones are commuting patterns, which are determined by travel costs and time for workers commuting from remote areas. However, advanced transportation technology and information communication technology...
Niger Business Posted on: “Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces Continue Reading “Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in opposition to political power.” –Ludwig von Mises In...