Bick, Alexander, Fuchs-Schündeln, Nicola, Lagakos, David, (2016), “How do Average Hours Worked Vary with Development? Cross-Country Evidence and Implications”, Centre for Economic Policy Research, Φεβρουάριος. How do average hours worked vary across the world income distribution? To answer this question, we build a new internationally comparable database of hours worked covering countries of all income levels. We document that average hours worked per adult are substantially higher in low-income countries than in high-income countries. This pattern …Read More

Doerrenberg, Philipp, Duncan, Denvil, Loeffler, Max, (2016), “Asymmetric Labor-Supply Responses to Wage-Rate Changes: Evidence from a Field Experiment”, IZA, Discussion Paper No. 9683, Ιανουάριος. The standard labor-supply literature typically assumes that the labor supply response to wage increases is the same as that for equivalent wage decreases. However, evidence from the behavioral-economics literature suggests that people are loss averse and thus perceive losses differently than gains. This behavioral insight may imply that workers respond …Read More

Papadopoulos, Fotis, Tsakloglou, Panos, (2015), “Chronic material deprivation and long-term poverty in Europe in the pre-crisis period”, Improve, Discussion Paper No. 15/16, Νοέμβριος In recent years research on the measurement of deprivation focuses increasingly on indices of multidimensional disadvantage rather than on more traditional uni-dimensional approaches of earlier studies that were focusing on income poverty. Further, the advent of panel survey data led to a large number of empirical studies that …Read More

Hagedorn, Marcus, Manovskii, Iourii, Mitman, Kurt, (2016), “The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?”, Centre for Economic Policy Research, Ιανουάριος. We measure the aggregate effect of unemployment benefit duration on employment and the labor force. We exploit the variation induced by Congress’ failure in December 2013 to reauthorize the unprecedented benefit extensions introduced during the Great Recession. Federal benefit extensions that ranged from 0 to 47 weeks across …Read More

Fratesi, Ugo, Rodríguez-Pose, Andrés, (2016), “The crisis and regional employment in Europe: what role for sheltered economies?”, Centre for Economic Policy Research, Ιανουάριος. This paper examines how the evolution of employment trends in the regions of Europe since the outbreak of the crisis may have been shaped by the emergence of sheltered economies in certain regions of Europe in the pre-crisis period. The paper uses descriptive and econometric analysis to determine the relationship …Read More

Beyer, Robert C. M., (2016), “The Labor Market Performance of Immigrants in Germany”, IMF Working Paper No. 16/6, 21 Ιανουαρίου. The paper uses a large survey (GSOEP) to analyze the labor market performance of immigrants in Germany. It finds that new immigrant workers earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for immigrants from advanced countries, with good German language skills, and with …Read More

Cremer, Helmuth, Roeder, Kerstin, (2016), “Social insurance with competitive insurance markets and risk misperception”, Centre for Economic Policy Research, Ιανουάριος. This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is desirable if and only if risk and productivity are negatively correlated. This condition is usually shown to be satisfied for many health risks, …Read More

Verhaest, Dieter, Bogaert, Elene, Dereymaeker, Jeroen, Mestdagh, Laura, Baert, Stijn, (2016), “Crowding Out in the Labour Market: Do Employers Lend a Hand?”, IZA, Ιανουάριος. We test the basic assumption underlying the job competition and crowding out hypothesis: that employers always prefer higher educated to lower educated individuals. To this end, we conduct a randomised field experiment in which duos of fictitious applications by bachelor and master graduates are sent to real vacancies requiring only a …Read More

Olivetti, Claudia, Petrongolo, Barbara, (2016), “The evolution of the gender gap in industrialized countries”, Centre for Economic Policy Research, Ιανουάριος. Women in developed economies have made major inroads in labor markets throughout the past century, but remaining gender differences in pay and employment seem remarkably persistent. This paper documents long-run trends in female employment, working hours and relative wages for a wide cross-section of developed economies. It reviews existing work on the factors driving …Read More