Do Wages Compensate for Anticipated Working Time Restrictions? Evidence from Seasonal Employment in Austria

Do Wages Compensate for Anticipated Working Time Restrictions? Evidence from Seasonal Employment in Austria

Do Wages Compensate for Anticipated Working Time Restrictions? Evidence from Seasonal Employment in Austria This paper investigates the existence of compensating wage differentials across seasonal and non seasonal jobs which arise due to anticipated working time restrictions. We build on a theoretical model by Abowd and Ashenfelter (1981), which links the compensating wage differential to varia...

Do wages compensate for harmful child labor? Evidence from the Philippines

How wages and employment adjust to trade liberalization: Quasi-experimental evidence from Austria ☆

a r t i c l e i n f o We study the response of regional employment and nominal wages to trade liberalization, exploiting the natural experiment provided by the opening of Central and Eastern European markets after the fall of the Iron Curtain in 1990. Using data for Austrian municipalities, we examine differential pre-and post-1990 wage and employment growth rates between regions bordering the ...

Do Wages Really Compensate for Risk Aversion and Skewness Affection?

Utility theory suggests that foreseeable risk should increase the compensation for work. This paper expands on this notion: on basis of utility theory, people should care not only about risk but also about the skewness in the distribution of the compensation paid. In particular, because the degree of risk aversion ought to decrease with income, people should appreciate a small chance of a subst...

Do Minimum Wages Reduce Employment ? A

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