scholarly journals Wage Shocks and the Technological Substitution of Low‐wage Jobs

2017 ◽  
Vol 129 (617) ◽  
pp. 1-34 ◽  
Author(s):  
Daniel Aaronson ◽  
Brian J Phelan
Keyword(s):  
Wage Shocks

scholarly journals A Fuzzy Sets Model for Companies Behaviour of Absorption Minimum Wage Shocks: An Analysis of Inflationary Risks

2011 ◽  
pp. 1-11
Author(s):  
Dorel Ailenei ◽  
Coralia Angelescu ◽  
Amalia Cristescu ◽  
Mihaela Hrisanta
Keyword(s):  
Fuzzy Sets ◽  
Minimum Wage ◽  
Wage Shocks

Wage Shocks

2000 ◽  
pp. 73-78
Author(s):  
Michael Carlberg
Keyword(s):  
Wage Shocks

Wage Shocks in Germany

2007 ◽  
pp. 160-163
Keyword(s):  
Wage Shocks

scholarly journals Wage Shocks and Consumption Variability in Mexico During the 1990s

2001 ◽  
Author(s):  
Miguel Székely ◽  
Orazio Attanasio
Keyword(s):  
Wage Shocks

Consumption Taxes and Economic Efficiency with Idiosyncratic Wage Shocks

2005 ◽  
Vol 113 (5) ◽  
pp. 1088-1115 ◽  
Author(s):  
Shinichi Nishiyama ◽  
Kent Smetters
Keyword(s):  
Economic Efficiency ◽  
Consumption Taxes ◽  
Wage Shocks

scholarly journals Minimum Wage Shocks, Employment Flows, and Labor Market Frictions

2016 ◽  
Vol 34 (3) ◽  
pp. 663-704 ◽  
Author(s):  
Arindrajit Dube ◽  
T. William Lester ◽  
Michael Reich
Keyword(s):  
Labor Market ◽  
Minimum Wage ◽  
Market Frictions ◽  
Labor Market Frictions ◽  
Wage Shocks

scholarly journals Long-Term Responses to Large Minimum Wage Shocks: Sub-Minimum and Super-Minimum Workers in Slovenia

2019 ◽  
Author(s):  
Suzana Laporsek ◽  
Peter Francis Orazem ◽  
Matija Vodopivec ◽  
Milan Vodopivec
Keyword(s):  
Minimum Wage ◽  
Wage Shocks

scholarly journals Wage Shocks and the Technological Substitution of Low-Wage Jobs

2016 ◽  
Author(s):  
Daniel Aaronson ◽  
Brian J. Phelan
Keyword(s):  
Wage Shocks

scholarly journals Consumption Inequality and Family Labor Supply

2016 ◽  
Vol 106 (2) ◽  
pp. 387-435 ◽  
Author(s):  
Richard Blundell ◽  
Luigi Pistaferri ◽  
Itay Saporta-Eksten
Keyword(s):  
Life Cycle ◽  
Panel Data ◽  
Labor Supply ◽  
Asset Accumulation ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Family Labor ◽  
Insurance Mechanism ◽  
Analytical Expressions ◽  
Wage Shocks

We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)

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