Abstract

Timothy Dunne of Federal Reserve Bank of Cleveland reviews “Wage Structures, Employment Adjustments and Globalization: Evidence from Linked and Firm-Level Panel Data” edited by David Marsden and Francois Rycx. The EconLit Abstract of the reviewed work begins “Eleven papers examine the use of data sets that link the supply and the demand sides of labor markets, providing linked employer-employee data. Papers discuss labor turnover and wage mobility--the impact of the legal setting and institutions (Lorenzo Cappellari); job and worker flows at the firm level (Harald Dale-Olsen); summary of the literature on job displacements in the United States and European Union--what we know and what we would like to know (Till von Wachter); skill mismatch in Europe (Rene Boheim, Iga Magda, and Martina Zweimuller); variability of wages across sectors--how much, why, and the consequences (Francois Rycx); rent sharing--a survey of methodologies and results (Pedro S. Martins); union effects on wages (Alex Bryson); low-wage employment and the role of the firm--an agenda for data and research (Wiemer Salverda); firms compressing the wage distribution (Ana Rute Cardoso); labor market outcomes of internationalization--what we have learned from analyses of microdata on firms and their employees (Tor Eriksson); and development of linked employer-employee data for EU labor market and social policy analysis (Tanvi Desai). Marsden is Professor of Industrial Relations at the London School of Economics and Research Associate at the Centre for Economic Performance. Rycx is Associate Professor of Economics at the Universite Libre de Bruxelles and Research Fellow at the Centre Emile Bernheim, DULBEA, and the Institute for the Study of Labor, Bonn. Index.”

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