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  • 1
    UID:
    b3kat_BV047928852
    Format: 1 Online-Ressource (43 Seiten)
    Series Statement: OECD Economics Department Working Papers
    Content: Despite changes in social norms and policies, on average across 25 European countries, there remains a gap of around 15% in hourly earnings between similarly-qualified men and women. This raises inequality and limits growth by preventing women from reaching their full labour market potential. Using individual-level data, this paper quantifies the main drivers of gender wage gaps with a view to devising effective policies to reduce them. The findings suggest that, on average, "sticky floors" related to social norms, gender stereotyping and discrimination account for 40% of the gender wage gap, while the "glass ceiling" related to the motherhood penalty accounts for around 60%. The importance of the "glass ceiling" is especially large in most Northern and Western European countries, while "sticky floors" explain the major part of the gap in most Central and Eastern European countries. These results imply that most Northern and Western European countries need to prioritise policies to address the motherhood penalty, such as further promoting flexitime and telework and supporting early childcare. Most Central and Eastern European as well as Southern European countries, where "sticky floors" are more important, additionally need to prioritise equal pay and pay transparency laws, measures to address gender stereotyping, competition in product markets, as well as higher wage floors where they are currently low
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    UID:
    b3kat_BV047927971
    Format: 1 Online-Ressource (26 Seiten) , 21 x 28cm
    Series Statement: OECD Productivity Working Papers
    Content: The COVID-19 crisis has triggered a major shift towards telework and virtual interactions. This paper uses information on job postings from the online job site Indeed to analyse developments in the adoption of telework across 20 countries. It finds, first, that the incidence of advertised telework almost tripled during the pandemic, albeit with large differences both across sectors and across countries. Second, cross-country differences are to a notable extent explained by differences in the extent to which governments restricted mobility during the pandemic. However, while the tightening of restrictions substantially raises advertised telework, their easing only modestly reverses the increase. Third, digital preparedness plays an important role in mediating the response of advertised telework to changes in restrictions. The tightening of restrictions has particularly large effects in sectors that are better prepared to adopt digital business models, while their easing has almost no effect in countries with high-quality digital infrastructure. Overall, these results suggest that telework is here to stay, especially in countries with high levels of digital preparedness. Public policies will need to adapt to reap the potential benefits for productivity and worker well-being
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
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  • 3
    UID:
    b3kat_BV047928849
    Format: 1 Online-Ressource (30 Seiten)
    Series Statement: OECD Economics Department Working Papers
    Content: Governments around the world have adopted unprecedented policies to deal with COVID-19. This paper zooms in on business shutdowns and investigates their effectiveness in reducing mortality. We leverage highly granular death registry data for almost 5,000 Italian municipalities in a diff-in-diff approach that allows us to mitigate endogeneity concerns credibly. Our results, which are robust to controlling for a host of co-factors, offer strong evidence that business shutdowns are very effective in reducing mortality. We calculate that the death toll from the first wave of COVID-19 in Italy may have been about twice as high in their absence. Our findings also highlight that timeliness is key - by acting one week earlier, the death toll may have been reduced by up to an additional 25%. Finally, shutdowns should be targeted. Closing service activities with a high degree of interpersonal contact saves the most lives. Shutting down production activities - while substantially reducing mobility - only has mild effects on mortality
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    URL: Volltext  (URL des Erstveröffentlichers)
    Library Location Call Number Volume/Issue/Year Availability
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  • 4
    UID:
    gbv_1786135493
    Format: 1 Online-Ressource (26 p.) , 21 x 28cm.
    Series Statement: OECD Productivity Working Papers no.30
    Content: The COVID-19 crisis has triggered a major shift towards telework and virtual interactions. This paper uses information on job postings from the online job site Indeed to analyse developments in the adoption of telework across 20 countries. It finds, first, that the incidence of advertised telework almost tripled during the pandemic, albeit with large differences both across sectors and across countries. Second, cross-country differences are to a notable extent explained by differences in the extent to which governments restricted mobility during the pandemic. However, while the tightening of restrictions substantially raises advertised telework, their easing only modestly reverses the increase. Third, digital preparedness plays an important role in mediating the response of advertised telework to changes in restrictions. The tightening of restrictions has particularly large effects in sectors that are better prepared to adopt digital business models, while their easing has almost no effect in countries with high-quality digital infrastructure. Overall, these results suggest that telework is here to stay, especially in countries with high levels of digital preparedness. Public policies will need to adapt to reap the potential benefits for productivity and worker well-being.
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 5
    UID:
    gbv_1770754075
    Format: 1 Online-Ressource (30 p.)
    Series Statement: OECD Economics Department Working Papers no.1664
    Content: Governments around the world have adopted unprecedented policies to deal with COVID-19. This paper zooms in on business shutdowns and investigates their effectiveness in reducing mortality. We leverage highly granular death registry data for almost 5,000 Italian municipalities in a diff-in-diff approach that allows us to mitigate endogeneity concerns credibly. Our results, which are robust to controlling for a host of co-factors, offer strong evidence that business shutdowns are very effective in reducing mortality. We calculate that the death toll from the first wave of COVID-19 in Italy may have been about twice as high in their absence. Our findings also highlight that timeliness is key – by acting one week earlier, the death toll may have been reduced by up to an additional 25%. Finally, shutdowns should be targeted. Closing service activities with a high degree of interpersonal contact saves the most lives. Shutting down production activities – while substantially reducing mobility – only has mild effects on mortality.
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 6
    UID:
    gbv_1770754113
    Format: 1 Online-Ressource (43 p.)
    Series Statement: OECD Economics Department Working Papers no.1668
    Content: Despite changes in social norms and policies, on average across 25 European countries, there remains a gap of around 15% in hourly earnings between similarly-qualified men and women. This raises inequality and limits growth by preventing women from reaching their full labour market potential. Using individual-level data, this paper quantifies the main drivers of gender wage gaps with a view to devising effective policies to reduce them. The findings suggest that, on average, “sticky floors” related to social norms, gender stereotyping and discrimination account for 40% of the gender wage gap, while the “glass ceiling” related to the motherhood penalty accounts for around 60%. The importance of the “glass ceiling” is especially large in most Northern and Western European countries, while “sticky floors” explain the major part of the gap in most Central and Eastern European countries. These results imply that most Northern and Western European countries need to prioritise policies to address the motherhood penalty, such as further promoting flexitime and telework and supporting early childcare. Most Central and Eastern European as well as Southern European countries, where “sticky floors” are more important, additionally need to prioritise equal pay and pay transparency laws, measures to address gender stereotyping, competition in product markets, as well as higher wage floors where they are currently low.
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 7
    UID:
    gbv_1883058597
    Format: 1 Online-Ressource (67 p.) , 21 x 28cm.
    Series Statement: OECD Economics Department Working Papers no.1788
    Content: This paper analyses employment dynamics across firms during the COVID-19 pandemic and the role of job retention schemes (JRS) in shaping these dynamics. It relies on a novel collection of high-frequency harmonised micro-aggregated statistics, computed using administrative data on employment and wages from electronic payroll records across 12 countries linked to monthly information on policy support during COVID-19, as well as on a new indicator of JRS de-jure generosity. The analysis highlights four key findings: i) the employment adjustment margins varied over time, adjusting mainly through the intensive margin in 2020, while both the intensive and the extensive margins contributed to employment changes in 2021; ii) the reallocation process remained productivity enhancing, although to a lower extent on average compared to 2019; iii) JRS were successful in their purpose of cushioning the effect of the crisis on employment growth and firm survival; iv) JRS support did not distort the productivity-enhancing nature of reallocation.
    Language: English
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  • 8
    UID:
    gbv_1882471725
    Format: 1 Online-Ressource (circa 80 Seiten) , Illustrationen
    Series Statement: Discussion paper series / Centre for Economic Policy Research DP18859
    Content: This paper revisits the conventional but unproven wisdom that voters penalize governments for adopting fiscal austerity in a sample of advanced economies. We consider the composition of the austerity package and the economic manifesto of the implementing government and find that austerity packages consisting mostly of tax hikes have a significant electoral cost, which is larger for government parties that campaigned on a free-market manifesto. Conversely, expenditure-based austerity is costlier for government parties that did not run on a small-government platform, but may be beneficial for those that did. We show in a model that these results are an equilibrium outcome of the strategic interaction between polarized voters’ mobilizers and centrist politicians. These politicians may be either unwilling or temporarily forced not to fulfil their campaign promises. Mobilizers lack information about the politicians’ types and punish them whenever they observe a deviation to the centre.
    Language: English
    Keywords: Graue Literatur
    Author information: Alesina, Alberto 1957-2020
    Library Location Call Number Volume/Issue/Year Availability
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  • 9
    UID:
    edocfu_9960178118302883
    Format: 1 online resource (30 p.)
    ISBN: 1-5135-1714-7 , 1-5135-1717-1
    Content: Many countries are experiencing persistent, weak medium-term growth and limited fiscal space. Against this background, economic policy agendas--in both advanced and developing economies--are focusing increasingly on structural reforms. While there is broad agreement on the economic benefits of structural reforms, the political-economy of reform is less settled. This is because reforms may generate gains only in the longer term while distributional effects may be sizable in the short run, and because governments may lack political capital to confront vocal interest groups. In these circumstances, politicians may hold back on reforms, fearing they will be penalized at the ballot box. The aim of this Staff Discussion Note is to examine whether the fear of a political cost associated with structural reforms is justified by the available evidence, and whether there are lessons from the data about how reform strategies might be designed to mitigate potential political costs. It provides a major addition to recent IMF analysis examining the output and employment effect of reforms
    Additional Edition: ISBN 1-5135-1715-5
    Language: English
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  • 10
    UID:
    edoccha_9960178118302883
    Format: 1 online resource (30 p.)
    ISBN: 1-5135-1714-7 , 1-5135-1717-1
    Content: Many countries are experiencing persistent, weak medium-term growth and limited fiscal space. Against this background, economic policy agendas--in both advanced and developing economies--are focusing increasingly on structural reforms. While there is broad agreement on the economic benefits of structural reforms, the political-economy of reform is less settled. This is because reforms may generate gains only in the longer term while distributional effects may be sizable in the short run, and because governments may lack political capital to confront vocal interest groups. In these circumstances, politicians may hold back on reforms, fearing they will be penalized at the ballot box. The aim of this Staff Discussion Note is to examine whether the fear of a political cost associated with structural reforms is justified by the available evidence, and whether there are lessons from the data about how reform strategies might be designed to mitigate potential political costs. It provides a major addition to recent IMF analysis examining the output and employment effect of reforms
    Additional Edition: ISBN 1-5135-1715-5
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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