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Tables have turned: Vertical mismatch across gender 天平倒转：性别之间的垂直不匹配
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-04-01 Epub Date: 2026-01-17 DOI: 10.1016/j.labeco.2026.102858
Pietro Garibaldi , Pedro Gomes , Thepthida Sopraseuth
{"title":"Tables have turned: Vertical mismatch across gender","authors":"Pietro Garibaldi ,&nbsp;Pedro Gomes ,&nbsp;Thepthida Sopraseuth","doi":"10.1016/j.labeco.2026.102858","DOIUrl":"10.1016/j.labeco.2026.102858","url":null,"abstract":"<div><div>We study gender differences in vertical mismatch and their implications. First, we document facts about underemployment and overemployment and their relative wage penalties by gender, for the US between 1970 and 2022, as well as for a cross-section of US States. In 1970s and 1980s, the underemployment rate and their wage penalty relative to well-matched workers was higher for women. By 2022, both variables were higher for men. Second, we use the data to calibrate a neoclassical model of mismatch and find that frictions that generate mismatch have increased more for men during the last 50 years. Reducing these frictions to the level of women would have large effects in the participation rate of men, their wages, and in overall output. States where the underemployment rates and their wage penalty are higher for men, would see their output rise by 2%.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"99 ","pages":"Article 102858"},"PeriodicalIF":2.6,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146038972","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Heterogeneous scars in later life: The economic impact of early labour market opportunities 晚年生活中的异质伤痕：早期劳动力市场机会的经济影响
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-04-01 Epub Date: 2026-02-04 DOI: 10.1016/j.labeco.2026.102864
Petru Crudu
{"title":"Heterogeneous scars in later life: The economic impact of early labour market opportunities","authors":"Petru Crudu","doi":"10.1016/j.labeco.2026.102864","DOIUrl":"10.1016/j.labeco.2026.102864","url":null,"abstract":"<div><div>I analyse the heterogeneous effects of labour market opportunities at education completion on end-of-career outcomes. I use data on European individuals who completed education between 1963 and 1982, observing their outcomes beyond age 50. Using standard econometric models and machine learning, I find that poor initial opportunities have lasting effects. Economic downturns have a non-linear impact: missing good opportunities harms more than avoiding bad ones. Effects are stronger for less-educated and low socioeconomic individuals. Women face permanent reductions in labour market participation. I examine explanatory channels over the lifecycle, showing how initial opportunities shape human capital trajectories.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"99 ","pages":"Article 102864"},"PeriodicalIF":2.6,"publicationDate":"2026-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146189583","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Labor market dynamics in a highly competitive industry 竞争激烈的行业中的劳动力市场动态
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-12-19 DOI: 10.1016/j.labeco.2025.102845
Francesco Principe , Jan C. van Ours
{"title":"Labor market dynamics in a highly competitive industry","authors":"Francesco Principe ,&nbsp;Jan C. van Ours","doi":"10.1016/j.labeco.2025.102845","DOIUrl":"10.1016/j.labeco.2025.102845","url":null,"abstract":"<div><div>We study labor market dynamics of workers in a highly competitive industry with a highly competitive labor market. We focus on the relationship between workers’ age, wages, and productivity. Our analysis uncovers an inverse U-shaped relationship. While some wage adjustments occur within the current firm, job mobility plays a crucial role in shaping wage trajectories. There is assortative matching with highly productive workers moving to highly productive firms, while less productive workers gravitate towards less productive firms. Our findings suggest that both in-firm wage progression and wage growth via job mobility contribute to a close alignment between wages and productivity throughout workers’ careers.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102845"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145884195","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Suspended from work and school? Impacts of layoff events and unemployment insurance on student disciplinary incidence 暂停工作和学习？下岗事件与失业保险对学生违纪事件的影响
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-12-06 DOI: 10.1016/j.labeco.2025.102844
Riley K. Acton , Jo R. King , Austin C. Smith
{"title":"Suspended from work and school? Impacts of layoff events and unemployment insurance on student disciplinary incidence","authors":"Riley K. Acton ,&nbsp;Jo R. King ,&nbsp;Austin C. Smith","doi":"10.1016/j.labeco.2025.102844","DOIUrl":"10.1016/j.labeco.2025.102844","url":null,"abstract":"<div><div>We examine the impact of local labor market shocks and state unemployment insurance (UI) policies on student discipline in U.S. public schools. Analyzing school-level discipline data and firm-level layoffs in 23 states, we find that layoffs have little effect on discipline rates on average. However, effects differ across the UI benefit distribution. At the lowest benefit level ($265/week), a mass layoff increases out-of-school suspensions by 5.1%, with effects dissipating as UI benefits increase. Effects are consistently largest for Black students – especially in predominantly White schools – resulting in increased racial disproportionality in school discipline following layoffs in low-UI states.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102844"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145748351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Career preferences and socio-economic background 职业偏好和社会经济背景
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-11-03 DOI: 10.1016/j.labeco.2025.102814
Paul Schüle
{"title":"Career preferences and socio-economic background","authors":"Paul Schüle","doi":"10.1016/j.labeco.2025.102814","DOIUrl":"10.1016/j.labeco.2025.102814","url":null,"abstract":"<div><div>Career decisions, that is educational and occupational choice, are not only taken by comparing expected incomes, but also by considering non-monetary rewards such as social impact, chances of promotion, or the compatibility of work and family. In this paper, I use rich panel data from Germany and the UK to demonstrate that preferences about such aspects of a career as stated at age 17 are strong predictors of future earnings in the labor market. At the same time, these preferences differ significantly by gender and socio-economic background, and intergenerational income persistence is reduced by 7 to 28 percent when accounting for career preferences.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102814"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145600360","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does immigration affect native wages? A meta-analysis 移民会影响本地工资吗？一个荟萃分析
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-11-10 DOI: 10.1016/j.labeco.2025.102815
Amandine Aubry , Jérôme Héricourt , Léa Marchal , Clément Nedoncelle
{"title":"Does immigration affect native wages? A meta-analysis","authors":"Amandine Aubry ,&nbsp;Jérôme Héricourt ,&nbsp;Léa Marchal ,&nbsp;Clément Nedoncelle","doi":"10.1016/j.labeco.2025.102815","DOIUrl":"10.1016/j.labeco.2025.102815","url":null,"abstract":"<div><div>The impact of immigration on native wages remains a contentious issue in labour economics. This meta-analysis synthesises evidence from 88 studies published between 1985 and 2023, offering a comprehensive assessment of reduced-form estimates. We document substantial heterogeneity across estimates and show that contexts and empirical designs systematically shape reported effects. In particular, shift-share instrumental-variable strategies correct the upward bias seen in OLS estimates. Our findings emphasise the necessity for replication and enhanced transparency in methodological reporting.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102815"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145797470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Are households Pareto efficient? A test based on multiple job holding 家庭是否具有帕累托效率？一种基于多份工作的测试
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-12-12 DOI: 10.1016/j.labeco.2025.102841
Jacob Penglase , Ömer F. Sözbir
{"title":"Are households Pareto efficient? A test based on multiple job holding","authors":"Jacob Penglase ,&nbsp;Ömer F. Sözbir","doi":"10.1016/j.labeco.2025.102841","DOIUrl":"10.1016/j.labeco.2025.102841","url":null,"abstract":"<div><div>The collective household model requires that household decisions result in Pareto efficient outcomes. While this assumption is falsifiable, these tests are often difficult to implement due to data limitations or insufficient statistical power. We identify a novel setting—multiple job holding—where these issues are less of an obstacle. Using data from Bangladesh, we estimate the labor supply of households where members are engaged in multiple occupations and use the parameter estimates to test the collective model. We are unable to reject Pareto efficiency, but do find evidence against the unitary model. The results support the use of the collective model as a framework to study the inner workings of the household.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102841"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145797465","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Replacing labour with capital: Evidence from aggregate mobility shocks 用资本取代劳动力：来自总体流动性冲击的证据
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-11-24 DOI: 10.1016/j.labeco.2025.102832
Bharadwaj Kannan , Roberto Pinheiro , Harry J. Turtle
{"title":"Replacing labour with capital: Evidence from aggregate mobility shocks","authors":"Bharadwaj Kannan ,&nbsp;Roberto Pinheiro ,&nbsp;Harry J. Turtle","doi":"10.1016/j.labeco.2025.102832","DOIUrl":"10.1016/j.labeco.2025.102832","url":null,"abstract":"<div><div>Do firms respond to labour mobility shocks? We construct an overlapping generations model where policies restricting labour mobility present firms with an important trade-off. Firms leverage their monopsony power to reduce late-career wages while early-career workers demand a wage premium to join the restricted sector. In response to higher labour turnover costs, firms alter their optimal capital–labour ratio. We confirm these predictions in the data by exploiting the statewide adoption by state supreme courts of the inevitable disclosure doctrine (IDD) as a valid legal doctrine intended to protect trade secrets by restricting labour mobility. Post-IDD, early-career workers receive higher starting wages, late-career workers experience slower wage growth, firms raise investment by 3.5%, and their capital–labour ratio by 5.5%. Our results suggest that firms respond meaningfully to labour mobility shocks by replacing labour with capital.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102832"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145748352","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Minimum wages in a dual labor market: Evidence from the 2019 minimum-wage hike in Spain 双重劳动力市场中的最低工资：来自西班牙2019年最低工资上涨的证据
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-11-13 DOI: 10.1016/j.labeco.2025.102826
Alexander Hijzen , Mateo Montenegro , Ana Sofia Pessoa
{"title":"Minimum wages in a dual labor market: Evidence from the 2019 minimum-wage hike in Spain","authors":"Alexander Hijzen ,&nbsp;Mateo Montenegro ,&nbsp;Ana Sofia Pessoa","doi":"10.1016/j.labeco.2025.102826","DOIUrl":"10.1016/j.labeco.2025.102826","url":null,"abstract":"<div><div>This paper provides an assessment of the 2019 minimum-wage hike in Spain, which increased the minimum wage by 22 % and directly concerned 7 % of dependent employees. We make use of two complementary approaches, one that follows incumbent workers over time and hence does not take account of any possible effects on new hires, and one that tracks employment in wage bins over time and takes account of both separations and new hires. The results are as follows. First, the minimum wage hike significantly increased the wages of directly affected workers, with small positive wage spillovers on workers with initial wages just about the new minimum wage. Second, the increase in wages comes at the expense of a reduction in low-wage employment. While employment increases just above the minimum wage, it is not sufficient to offset the decline in employment below it. Third, the reduction in employment is mainly driven by a reduction in hires of workers on open-ended contracts and to a smaller extent job losses among workers on fixed-term contracts. This illustrates that limiting the study of minimum wage hikes to stayers can dampen the estimated impact on employment.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102826"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145625306","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Older workers, pension reforms and firm outcomes 老龄工人、养老金改革和企业业绩
IF 2.6 2区 经济学
Labour Economics Pub Date : 2026-02-01 Epub Date: 2025-11-12 DOI: 10.1016/j.labeco.2025.102823
Francesca Carta , Francesco D’Amuri , Till von Wachter
{"title":"Older workers, pension reforms and firm outcomes","authors":"Francesca Carta ,&nbsp;Francesco D’Amuri ,&nbsp;Till von Wachter","doi":"10.1016/j.labeco.2025.102823","DOIUrl":"10.1016/j.labeco.2025.102823","url":null,"abstract":"<div><div>Using Italian matched employer–employee data, this paper quantifies the effect of an exogenous increase in older workers, driven by an unexpected increase in the statutory retirement age, on the input mix and economic outcomes of medium and large firms. Data on lifetime pension contributions are used to calculate the unexpected additional number of older workers retained by each firm as a result of the pension reform. Instrumental variable estimates show that an increase in the number of older workers leads to a precisely estimated rise in the employment of younger workers, value added and total labor costs relative to less affected firms, holding average labor productivity and unit labor costs constant. The effect is stronger and mostly concentrated in larger firms and in firms where older workers are scarcer, suggesting the existence of firm-specific human capital that generates replacement frictions that the pension reform can alleviate.</div></div>","PeriodicalId":48153,"journal":{"name":"Labour Economics","volume":"98 ","pages":"Article 102823"},"PeriodicalIF":2.6,"publicationDate":"2026-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145797464","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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