Arbeitspapier
Wage effects of labor market tightness
I provide new microeconometric estimates of the effect of labor market tightness on wages at the firm level. Using Danish data on vacancies and unemployment at the occupational level and firm data on the occupational composition of employees, I construct firm-specific measures of labor market tightness. Using this measure, I find an elasticity of wages with respect to tightness of 0.01-0.02, which implies an increasing but relatively flat wage-setting curve. The results are in line with the qualitative implications of the canonical search-andmatching model of the labor market.
- Sprache
-
Englisch
- Erschienen in
-
Series: Danmarks Nationalbank Working Papers ; No. 187
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Wage Level and Structure; Wage Differentials
Labor Turnover; Vacancies; Layoffs
- Thema
-
Inflation, wages and prices
economic activity and employment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hoeck, Christian Philip
- Ereignis
-
Veröffentlichung
- (wer)
-
Danmarks Nationalbank
- (wo)
-
Copenhagen
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hoeck, Christian Philip
- Danmarks Nationalbank
Entstanden
- 2022
Ähnliche Objekte (12)
Labor market effects of minimum wage shocks
Minimum Wages and the Labor Market Effects of Immigration
Minimum Wages and the Labor Market Effects of Immigration
The Effects of Multiple Minimum Wages Throughout the Labor Market
Migration and wage-setting: reassessing the labor market effects of migration
Minimum wage effects on labor market outcomes under search with bargaining
Labor Market Institutions, Wages, and Investment
Wages, Hires, and Labor Market Concentration
Labor market institutions, wages, and investment
Labor market frictions and spillover effects from publicly announced sectoral minimum wages
Labor market and income effects of a legal minimum wage in Germany
Labor market and income effects of a legal minimum wage in Germany
Labor market effects of minimum wage shocks
Minimum Wages and the Labor Market Effects of Immigration
Minimum Wages and the Labor Market Effects of Immigration
The Effects of Multiple Minimum Wages Throughout the Labor Market
Migration and wage-setting: reassessing the labor market effects of migration
Minimum wage effects on labor market outcomes under search with bargaining
Labor Market Institutions, Wages, and Investment
Wages, Hires, and Labor Market Concentration
Labor market institutions, wages, and investment
Labor market frictions and spillover effects from publicly announced sectoral minimum wages
Labor market and income effects of a legal minimum wage in Germany
Labor market and income effects of a legal minimum wage in Germany
Labor market effects of minimum wage shocks
Minimum Wages and the Labor Market Effects of Immigration
Minimum Wages and the Labor Market Effects of Immigration
The Effects of Multiple Minimum Wages Throughout the Labor Market
Migration and wage-setting: reassessing the labor market effects of migration
Minimum wage effects on labor market outcomes under search with bargaining
Labor Market Institutions, Wages, and Investment
Wages, Hires, and Labor Market Concentration
Labor market institutions, wages, and investment
Labor market frictions and spillover effects from publicly announced sectoral minimum wages
Labor market and income effects of a legal minimum wage in Germany