367 records from EconBiz based on author Name

1. Wage cyclicality and labour market institutions

abstract

Do labour institutions influence how wages respond to the business cycle? Such responsiveness can then shape several economic outcomes, including unemployment. In this paper, we examine the role of two key labour market institutions - collective bargaining and temporary contracts - upon wage cyclicality. Our evidence is drawn from rich, 2002-2020 matched data from Portugal. We find that workers not covered by collective agreements exhibit much higher wage cyclicality, especially new hires, compared to covered workers. In contrast, workers under temporary contracts do not exhibit sizable differences in cyclicality compared to counterparts under permanent (open-ended) contracts. Our findings highlight a novel angle through which labour institutions influence the labour market and the economy.

Pereira, João Manuel; Ramos, Raúl; Martins, Pedro S.;
2024
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link

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2. Wage cyclicality and labour market institutions

abstract

Do labour institutions influence how wages respond to the business cycle? Such responsiveness can then shape several economic outcomes, including unemployment. In this paper, we examine the role of two key labour market institutions - collective bargaining and temporary contracts - upon wage cyclicality. Our evidence is drawn from rich, 2002-2020 matched data from Portugal. We find that workers not covered by collective agreements exhibit much higher wage cyclicality, especially if new hires, compared to covered workers. In contrast, workers under fixed-term contracts do not exhibit sizable differences in cyclicality compared to counterparts under open-ended contracts. Our findings highlight a novel angle through which labour institutions influence the labour market and the economy.

Pereira, João Manuel; Ramos, Raúl; Martins, Pedro S.;
2024
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link Link

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3. Regional intergenerational mobility in Ecuador : many lands in one country

Segovia, Joselin; Ramos, Raúl;
2024
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link

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4. Intangible assets and labor productivity growth

abstract

We examine the contribution to labor productivity growth in the manufacturing sector of investment in different intangible asset categories-computerized information, innovative property, and economic competencies-for a set of 18 European countries between 1995 and 2017, as well as whether this contribution varies between different groups of countries. The motivation is to go a step further and identify which single or combination of intangible assets are relevant. The main findings can be summarized as follows. Firstly, all the three different categories of intangible assets contribute to labor productivity growth. In particular, intangible assets related to economic competences together with innovative property assets have been identified as the main drivers; specifically, advertising and marketing, organizational capital, research and development (R&D) investment, and design. Secondly, splitting the sample of European Union (EU) member states into three groups-northern, central and southern Europe-allows for the identification of a significant differentiated behavior between and within groups, in terms of the effects of investment in intangible assets on labor productivity growth. We conclude that measures promoting investment in intangibles at EU level should be accompanied by specific measures focusing on each country's needs, for the purpose of promoting labor productivity growth. The obtained evidence suggests that the solution for the innovation deficit of some European economies consist not only of raising R&D expenditure, but also exploiting complementarities between different types of assets.

Hintzmann, Carolina; Lladós i Masllorens, Josep; Ramos, Raúl;
2021
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link Link
Citations: 8 (based on OpenCitations) Cited By

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5. The impact of robot adoption on global sourcing

abstract

This paper studies the impact of robot adoption on firms' global sourcing activities. Using a rich panel dataset of Spanish manufacturing firms, we show that robot adopting firms increased their intermediate input purchases from foreign and domestic suppliers between 2006 and 2016. The effects of robots differ across sourcing strategies: the highest in foreign outsourcing and the lowest in foreign vertical integration. We find that robot adopters fragment their production further by reducing the concentration of purchases from suppliers and the increase in intermediate input purchases is related to quality upgrading to a certain extent. Marginal treatment effects estimates suggest that responses to adoption are heterogeneous: higher probability of adoption intensifies the effects on outsourcing and weakens the effects on vertical integration. In contrast to rising concerns over reshoring, our findings suggest that robots have yet promoted trade in intermediate inputs.

Cilekoglu, Akin A.; Moreno, Rosina; Ramos, Raúl;
2021
Type: Graue Literatur; Non-commercial literature; Arbeitspapier; Working Paper;
Availability: Link Link

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6. The second phase of the crisis

Eichhorst, Werner; Marx, Paul; Rinne, Ulf; Böheim, René; Leoni, Thomas; Tobin, Steven; Sweetman, Arthur; Cahuc, Pierre; Colussi, Tommaso; Jongen, Egbert L. W.; Verstraten, Paul; Ferreira, Priscila; Cerejeira, João; Portela, Miguel; Ramos, Raúl; Kahanec, Martin; Martišková, Monika; Hensvik, Lena; Nordström Skans, Oskar; Arni, Patrick; Costa, Rui; Machin, Stephen; Houseman, Susan N.;
2021
Type: Forschungsbericht; Graue Literatur; Non-commercial literature;
Availability: Link

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7. ¿Existe convergencia regional en la brecha salarial por género en México?

Castro Lugo, David; Rodríguez Pérez, Reyna Elizabeth; Ramos, Raúl;
2021
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link

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8. The Impact of Institutions on the Employment Performance in European Labour Markets

abstract

This paper investigates the role of institutions for labour market performance across European countries. As participation rates have been rather stable over the past, the unemployment problem is mainly caused by shortages in labour demand. Labour demand is expressed by its structural parameters, such as the elasticities of employment to output and factor prices. Institutional variables include employment protection legislation, the structure of wage bargaining, measures describing the tax and transfer system and active labour market policies. As cointegration between employment, output and factor prices is detected, labour demand equations are fitted in levels by efficient estimation techniques. To account for possible structural change, time varying parameter models and aysmmetries due to the business cycle situation are considered. Then, labour demand elasticities are explained by institutions using panel fixed effects regressions. The results suggest that higher flexibility and incentives of households to work appear to be appropriate strategies to improve the employment record. The employment response to economic conditions is stronger in a more deregulated environment, and the absorption of shocks can be relieved. However, the institutional database should be improved in order to arrive at more definite policy conclusions

Buscher, Herbert S.; Dreger, Christian; Ramos, Raúl; Suriñach Caralt, Jordi;
2021
Availability: Link Link
Citations: 5 (based on OpenCitations) Cited By

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9. Is multidimensional precarious employment higher for women?

Murillo Huertas, Inés P.; Ramos, Raúl; Simón, Hipólito; Simón-Albert, Raquel;
2023
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link

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10. The union wage premium in a segmented labor market : new evidence from Korea

Choi, Hoon; Ramos, Raúl;
2023
Type: Aufsatz in Zeitschrift; Article in journal;
Availability: Link Link
Citations: 2 (based on OpenCitations) Cited By

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