Relevant bibliographies by topics / Wage decline

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Wage decline'

Author: Grafiati
Published: 9 March 2023
Last updated: 19 July 2025

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Journal articles on the topic "Wage decline"

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Krashinsky, Harry. "The Effect of Labor Market Institutions on Salaried and Self-Employed Less-Educated Men in the 1980S." ILR Review 62, no. 1 (2008): 73–91. http://dx.doi.org/10.1177/001979390806200104.

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Less-educated workers exhibited negative real wage growth from the late 1970s to the early 1990s. Frequently cited to explain this pattern are such labor market trends as union decline and the falling real value of the minimum wage, but also of concern is the possible contribution of decreased demand, caused by factors such as skill-biased technological change. To investigate the relative importance of these determinants, the author, using CPS data, compares the experiences of wage-and-salary workers with those of the self-employed. Wages apparently declined little for less-educated self-emplo
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Machin, Stephen, and Alan Manning. "The Effects of Minimum Wages on Wage Dispersion and Employment: Evidence from the U.K. Wages Councils." ILR Review 47, no. 2 (1994): 319–29. http://dx.doi.org/10.1177/001979399404700210.

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Using data on Wages Council coverage from the United Kingdom New Earnings Survey, the authors examine the impact of mandated minimum wages on wage dispersion and employment in the United Kingdom in the 1980s. They find evidence that a dramatic decline in the toughness of the regulation imposed by the Wages Councils through the 1980s—a decline, that is, in the level of the minimum wage relative to the average wage—significantly contributed to widening wage dispersion over those years. There is, however, no evidence of an increase in employment resulting from the weakening bite of the Wages Coun
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Bayard, Kimberly, Tomaz Cajner, Vivi Gregorich, and Maria D. Tito. "Are Manufacturing Jobs Still Good Jobs? An Exploration of the Manufacturing Wage Premium." Finance and Economics Discussion Series 2022, no. 010 (2022): 1–44. http://dx.doi.org/10.17016/feds.2022.011.

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This paper explores the factors behind differences in wages between manufacturing and other sectors. Using data from the Current Population Survey, we find that the manufacturing wage premium—the additional pay a manufacturing worker earns relative to a comparable nonmanufacturing worker—disappeared in recent years and that the erosion of the premium has primarily affected workers employed in production occupations, who experienced a wage decline of 2.5 percentage points since the 1990s relative to other workers in production occupations. While the demographic composition and other worker obse
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Challú, Amílcar E., and Aurora Gómez-Galvarriato. "MEXICO’S REAL WAGES IN THE AGE OF THE GREAT DIVERGENCE, 1730-1930." Revista de Historia Económica / Journal of Iberian and Latin American Economic History 33, no. 1 (2015): 83–122. http://dx.doi.org/10.1017/s021261091500004x.

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ABSTRACTThis study builds the first internationally comparable index of real wages for Mexico City bridging the 18thand the early 20thcentury. Real wages started out in relatively high international levels in the mid 18thcentury, but declined from the late 1770s on, with some partial and temporal rebounds after the 1810s. After the 1860s, real wages recovered and eventually reached 18th-century levels in the early 20thcentury. Real wages of Mexico City’s workers subsequently fell behind those of high-wage economies to converge with the lower fringes of middle-wage economies. The age of the glo
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Neumark, David, and William Wascher. "Employment Effects of Minimum and Subminimum Wages: Panel Data on State Minimum Wage Laws." ILR Review 46, no. 1 (1992): 55–81. http://dx.doi.org/10.1177/001979399204600105.

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Using panel data on state minimum wage laws and economic conditions for the years 1973–89, the authors reevaluate existing evidence on the effects of a minimum wage on employment. Their estimates indicate that a 10% increase in the minimum wage causes a decline of 1–2% in employment among teenagers and a decline of 1.5–2% in employment for young adults, similar to the ranges suggested by earlier time-series studies. The authors also find evidence that youth subminimum wage provisions enacted by state legislatures moderate the disemployment effects of minimum wages on teenagers.
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Oliver, Damian, and Serena Yu. "The Australian labour market in 2017." Journal of Industrial Relations 60, no. 3 (2018): 298–316. http://dx.doi.org/10.1177/0022185618763975.

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Low wage growth consistently featured as the main underlying characteristic of the Australian labour market in 2017. Overall economic conditions remained weak, although unemployment was fairly static. All indicators of average wage growth declined: average weekly earnings, the wage price index and the average annual wage increase in enterprise agreements. Collective bargaining coverage continued to decline. Although the 3.3% minimum wage increase represents a modest increase in real wages for low-paid workers, the Fair Work Commission decision to reduce Sunday and public holiday penalty rates
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Devereux, Paul J. "Effects of Industry Growth and Decline on Gender and Education Wage Gaps in the 1980S." ILR Review 58, no. 4 (2005): 552–70. http://dx.doi.org/10.1177/001979390505800402.

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The author uses longitudinal data to study the effects of industry growth and decline on wage changes between 1976 and 2001. He finds that over this period, workers who were initially in industries that subsequently expanded enjoyed faster wage growth than other workers. Moreover, wage growth was strongly related to employment changes in industries the individual was likely to move to: that is, workers' wage growth tended to be relatively fast if their skills suited them for entry into rapidly expanding industries, whether or not they actually moved between industries. The author uses the esti
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Grimes, Paul W. "Right-To-Work Legislation and the Economic Position of Black Workers." Review of Black Political Economy 15, no. 4 (1987): 79–88. http://dx.doi.org/10.1007/bf02903731.

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Recent empirical analysis of state right-to-work legislation indicates that a negative wage effect may result as a consequence of banning union shop contracts. It has been previously shown that industrial unionism tends to improve the relative wage position of black workers. Thus, it is hypothesized that if state right-to-work laws weaken the economic power of unions to raise wages, black workers will experience a disproportionate decline in their relative wage position. Black workers in right-to-work states would therefore experience a reduction in their relative economic position unless a st
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Brown, Meta, Christopher J. Flinn, and Andrew Schotter. "Real-Time Search in the Laboratory and the Market." American Economic Review 101, no. 2 (2011): 948–74. http://dx.doi.org/10.1257/aer.101.2.948.

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While widely accepted labor market search models imply a constant reservation wage policy, empirical evidence strongly suggests that reservation wages decline in search duration. This paper reports the results of the first real-time-search laboratory experiment. The controlled environment subjects face is stationary, and the payoff-maximizing reservation wage is constant. Nevertheless, subjects' reservation wages decline sharply over time. We investigate two hypotheses to explain this decline: 1. Searchers respond to the stock of accruing search costs. 2. Searchers experience non-stationary su
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Aldan, Altan, and Hatice Burcu Gürcihan Yüncüler. "Real wages and the business cycle in Turkey." Acta Oeconomica 72, no. 1 (2022): 105–21. http://dx.doi.org/10.1556/032.2022.00006.

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Abstract The article analyzes the direction and scope of the responsiveness of real wages to the business cycle in Turkey using longitudinal data from 2005 to 2015. We found that wages in Turkey are procyclical; one percentage point increase in the unemployment rate induces a 0.6% decline in real wages. There is a variation in the patterns along the lines of wage distribution among the subgroups with relations to skills. Less-educated workers have acyclical wages. Compatible with this evidence, we found that the workers who earn around the minimum wage also have acyclical wages. High share of
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Dissertations / Theses on the topic "Wage decline"

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Prizer, Timothy C. Sawin Patricia. "Pining for turpentine critical nostalgia, memory, and commemorative expression in the wake of industrial decline /." Chapel Hill, N.C. : University of North Carolina at Chapel Hill, 2009. http://dc.lib.unc.edu/u?/etd,2879.

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Thesis (M.A.)--University of North Carolina at Chapel Hill, 2009.<br>Title from electronic title page (viewed May. 20, 2010). "... in partial fulfillment of the requirements for the degree of Master of Arts in the Folklore Program, Department of American Studies." Discipline: Folklore; Department/School: Folklore.
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PIRIU, ANDREEA ALEXANDRA. "ESSAYS ON GLOBALISATION: EFFECTS AND IMPLICATIONS FOR INDIVIDUALS." Doctoral thesis, Università degli Studi di Milano, 2020. http://hdl.handle.net/2434/728739.

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This thesis studies the effects of import competition from China and Eastern Europe on the health and fertility decisions of German individuals working in manufacturing. Individuals are matched with separate measures of exposure to competition from China and Eastern Europe, respectively. To isolate exogenous supply shocks from the origin, instrumental variables for competition from each of China and Eastern Europe are constructed. Results in Chapter 1 suggest that higher import competition worsens individual health via job displacement, wage decline, shortened employment duration, incr
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"The end of solidarity? : the decline of egalitarian wage policies in Italy and Sweden." Sloan School of Management, Massachusetts Institute of Technology], 1996. http://hdl.handle.net/1721.1/2620.

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Khandoker, Tajkira. "A stock-flow-consistent model of macroeconomic and financial instability." Thesis, 2019. http://hdl.handle.net/1959.13/1397937.

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Research Doctorate - Doctor of Philosophy (PhD)<br>While the 2007-2008 global financial crisis (GFC) began as a localised financial disturbance due to the collapse of the US real estate boom, it quickly transformed into a global economic downturn due to the inter-connectivity of the international financial system. The aim of this study has been to analyse the underlying causes of the 2007–2008 GFC through a stock-flow-consistent macroeconomic modelling approach (SFC). Economists following the Post-Keynesian tradition believe that the slackening aggregate demand in both the US and in many other
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"Pining for turpentine: Critical nostalgia, memory, and commemorative expression in the wake of industrial decline." THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL, 2009. http://pqdtopen.proquest.com/#viewpdf?dispub=1467322.

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Books on the topic "Wage decline"

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B, Freeman Richard. Getting together and breaking apart: The decline of centralised collective bargaining. National Bureau of Economic Research, 1993.

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Moffitt, Robert. The decline of welfare benefits in the U.S.: The role of wage inequality. National Bureau of Economic Research, 1996.

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Watts, Tim J. The decline of American labor: Give backs and wage concessions in the 1980's. Vance Bibliographies, 1987.

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Barrientos, Armando. J.S. Mill's "recantation" of the wage fund doctrine and the decline of classical economics. EalingCollege of Higher Education, 1988.

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Clifton, Eric V. The decline of traditional sectors in Israel: The role of the exchange rate and the minimum wage. International Monetary Fund, IMF Institute, 1998.

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Lefberg, Irv. The restructuring of the Washington economy in the 1980s: Another look at the earnings decline, part II. Washington State, Office of Financial Management, Forecasting Division, 1990.

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Lanjouw, Peter. Poverty decline, agricultural wages, and non-farm employment in rural India: 1983-2004. World Bank, 2009.

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Goldin, Claudia Dale. The decline of non-competing groups: Changes in the premium to education, 1890 to 1940. National Bureau of Economic Research, 1995.

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Office, General Accounting. Tax administration: Impact of compliance and collection program declines on taxpayers : report to the Chairman, Subcommittee on Oversight, Committee on Ways and Means, House of Representatives. U.S. General Accounting Office, 2002.

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Oklahoma's decade of decline. Oklahoma Dept. of Labor, 2000.

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Book chapters on the topic "Wage decline"

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Stabile, Donald R. "The Decline and Revival of a Living Wage." In Macroeconomic Policy and a Living Wage. Springer International Publishing, 2018. http://dx.doi.org/10.1007/978-3-030-01998-3_8.

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Gajderowicz, Tomasz, and Maciej Jakubowski. "Poland: Education During and After COVID-19 Pandemic and Educational Reforms." In Evaluating Education: Normative Systems and Institutional Practices. Springer Nature Switzerland, 2024. http://dx.doi.org/10.1007/978-3-031-69284-0_9.

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AbstractThe COVID-19 closures lasted at least 26 weeks in Poland, longer than in most EU countries. The Polish government’s response revealed inadequacies in planning and execution. Evidence from international and national studies shows that the related achievement decline is equivalent to at least one year of education and probably more immense for some students. We calculate that the lower estimate of the achievement decline is associated with reduced GDP growth by 0.35% points. The estimated wage loss per student over a 45-year working life sums up to an economic loss of 7.2% of Poland’s 2021 GDP.
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Gumata, Nombulelo, and Eliphas Ndou. "What Are the Effects of the Minimum Wage and Productivity Growth on the Manufacturing Sector Output and Employment Growth?" In The Secular Decline of the South African Manufacturing Sector. Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-55148-3_27.

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Suleman, Fátima, Maria da Conceição Torres Figueiredo, and Rita Henriques Guimarães. "Are Graduates Working in Graduate Occupations? Insights from the Portuguese Labour Market." In Rethinking Graduate Employability in Context. Springer International Publishing, 2023. http://dx.doi.org/10.1007/978-3-031-20653-5_7.

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AbstractOur study draws on the Portuguese linked employer-employee data (2007–2019) to examine the type of occupations assigned to young bachelor and master graduates. Empirical findings show positive signs but sound some alarms. Postgraduates are assigned to high-skilled jobs that could be done by bachelors, who are more likely to work in skilled non-manual or even elementary occupations. The wage gap across levels of education is increasing, thus devaluing the bachelor’s degree. We found that the wages of all young people declined due to the economic recession. The data show a gap between bachelor’s and master’s after the consolidation of the higher education reform. The expansion of higher education increased the supply of graduates, with the most marked consequences seen at the bachelor level.
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Galal, Rami, and Mona Said. "The Evolution of Wage Formation and Inequality in Jordan, 2010–2016." In The Jordanian Labor Market. Oxford University Press, 2019. http://dx.doi.org/10.1093/oso/9780198846079.003.0003.

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This chapter investigates wage formation and inequality in Jordan. It takes stock of the main distributional features of the Jordanian wage structure focusing on population subgroups by gender, sector, occupational skill-level, industry, geographic location, and level of education as well as low-wage earners. It explores mobility within the distribution and to provide some explanation for the evolution of inequality, it estimates the returns to education, as well as sector-based and gender-based wage differentials. The results show a rise in real wages and a decline in inequality. Wages across different subgroups display compression from both ends of the distribution, with fewer Jordanians falling below the low-wage earnings line, and wages for the highest-paid groups declining. Rises in median wages hold across the population, even among more disadvantaged groups, for example the illiterate. Declining incremental returns to education and narrowing sector-based and gender-based wage differentials are consistent with the overall decline in wage inequality.
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"Of Sticky Prices and Stinking Fish: The Wage-Price Spiral." In America in Decline. Routledge, 2015. http://dx.doi.org/10.4324/9781315706603-8.

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Nogueira, Mara. "“I Voted Bolsonaro for President”: Street Vending and the Crisis of Labour Representation in Belo Horizonte, Brazil." In Beyond the Wage. Policy Press, 2021. http://dx.doi.org/10.1332/policypress/9781529208931.003.0011.

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Around the world, political parties founded on trade unionism are struggling to mobilise voters while far-right populism is on the rise. In Brazil, the 2018 election that brought Bolsonaro to power was a resounding defeat for Brazil’s traditional left-wing Worker’s Party (PT). This chapter interrogates the relationship between Bolsonaro’s victory and the crisis of wage labour and labour politics in Brazil. It does so by analysing political discourses of street vendors during the 2018 election in the city of Belo Horizonte. I argue that the decline of the PT must be understood in relation to the historical exclusion of non-waged workers and their interests from the trade union movement. Moreover, I show that this decline was accentuated at the local level by the connection between the PT and local revitalisation policies that constrained street vendors’ access to urban space. By doing so, the chapter reveals the multiscalar dimension of the ‘labour crisis’ which manifests itself at the intersections of local and national politics.
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Greer, Steven. "Decline: 1984." In Supergrasses. Oxford University PressOxford, 1995. http://dx.doi.org/10.1093/oso/9780198257660.003.0006.

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Abstract On 12 January 1984 the conviction of RUC Special Branch sergeant Charles McCormick, secured largely on the evidence of IRA informer Anthony O ‘Doherty, was quashed on appeal.1 The North ern Ireland Court of Appeal held that Mr Justice Murray, the trial judge, had been wrong to conclude that the evidence independent of O ‘Doherty ‘s testimony reached the high corroborative standard he himself deemed necessary.2 On 22 August it was announced that O ‘Doherty would be released by exercise of the royal prerogative, after having served only five years of an eighteen-year sentence on fifty-seven terrorist charges. Commenting upon his release, the Northern Ireland Office said that his sentence had been reduced as a reward for having supplied information which had led to the break-up of dozens of IRA units.3 Although he was given a new identity, and a weekly wage, in another part of the United Kingdom, within a fortnight he had returned to his familiar haunts in the Ballymena area and was last seen in 1989, which suggests that, unusually, the IRA had no intention of punishing him.4
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"Aging, Migration, and the Widening Wage Gap." In The Decline of the Welfare State. The MIT Press, 2005. http://dx.doi.org/10.7551/mitpress/2303.003.0004.

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Codogno, Lorenzo, and Giampaolo Galli. "Egalitarianism and labour." In Meritocracy, Growth, and Lessons from Italy's Economic Decline. Oxford University PressOxford, 2022. http://dx.doi.org/10.1093/oso/9780192866806.003.0009.

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Abstract A powerful egalitarian drive—the opposite of meritocracy—has guided trade unions’ action. Nationwide collective contracts in each sector account for the bulk of the average wage and do not allow for differentiation in line with productivity developments in companies or territories. Specific company-level contracts are not used, except for a few medium- to large companies, usually accounting for a relatively small proportion of overall wages. In practice, they can only add to national contracts and never derogate from them. Whether national or local, collective agreements do not only fix a minimum wage, but they fix wages for all categories of workers, whether blue or white collared. Various laws introduced over the past two decades have provided fiscal incentives to firms and workers who agreed to set up company-level contracts to increase productivity instead of relying on national contracts. The results have been disappointing so far, and the proportion of productivity-related add-ons is relatively tiny. All this has critical implications. Companies have few margins with which to legally reward the more productive workers and almost no possibility of punishing unproductive workers. And there is no relation between wages and productivity across regions of Italy, which is one of the causes of high unemployment in the South because both productivity and the cost of living are lower in that area. In addition, trade unions have always tried to protect the worker on the job instead of in the market; skilling, reskilling, and active labour market policies have been neglected.
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Conference papers on the topic "Wage decline"

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Hrnčiar, Michal. "Effects of the Pandemic on Employees' Wages in the Slovak Republic." In EDAMBA 2021 : 24th International Scientific Conference for Doctoral Students and Post-Doctoral Scholars. University of Economics in Bratislava, 2022. http://dx.doi.org/10.53465/edamba.2021.9788022549301.186-193.

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The present paper analyzes the effects of the COVID-19 pandemic on the labor market in terms of the impact on employees' wages. The labor market is one of the segments that has suffered the most from the pandemic. The yearon- year changes in the wage growth rate that can be analyzed clearly show how significantly the development of the Slovak economy has been slowed down. The pandemic ended several good times, when the world's economies prospered above average and pointed out weaknesses. Residents were not prepared for a decline or loss of their income. This paper will analyze the indicators o
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Bílková, Diana. "Financial Potential of Czech Employees from the Perspective of Gender Statistics." In Liberec Economic Forum 2023. Technical University of Liberec, 2023. http://dx.doi.org/10.15240/tul/009/lef-2023-01.

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In the third quarter of 2022, the average gross monthly nominal wage rose by 6.1 percent compared to last year, but in real terms it fell by 9.8 percent due to inflation. The decline is the same as in the previous quarter. Inflation and a real drop in average wages have already forced three quarters of employees significantly to reduce some expenses. Considering the current situation, the biggest savings relate to holidays, eating out in restaurants, culture or sports activities. In general, people save by limiting purchases of better or better quality products or services, as well as branded
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Brecher, Christian, Tobias Kempf, and Werner Herfs. "Cognitive Control Technology for a Self-Optimizing Robot Based Assembly Cell." In ASME 2008 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. ASMEDC, 2008. http://dx.doi.org/10.1115/detc2008-49521.

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In the face of global competition there is a great danger for countries with high labor costs (e.g. Germany) to lose more and more production plants to low-wage countries. Almost inevitably there will be a relocation of after-sales services as well as of research and development. Eventually this will cause a significant decline of wealth. For this reason especially high-wage countries are always striving for higher productivity of production processes. On the other hand the products have to be of high-end quality to ensure an advantage in the market. Thus there is an obvious dilemma between pl
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Doon, Roshnie. "RETURNS TO FIELD OF STUDY IN TRINIDAD AND TOBAGO: A GENDER PERSPECTIVE AND POLICY IMPLICATIONS." In International Conference on Emerging Trends in Engineering & Technology (IConETech-2020). Faculty of Engineering, The University of the West Indies, St. Augustine, 2020. http://dx.doi.org/10.47412/zkwq5336.

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This study seeks to examine the impact that the field of study of workers in Trinidad and Tobago is likely to have on their earning capacity. Using individual persons’ data from the Continuous Sample Survey of the Population (CSSP), for the period 1991-2015, the returns of private and public sector workers were estimated by estimating a Mincerian Earnings function using the Quantile Regression technique. This study finds that men employed in low- and middle-income jobs for most fields (arts, humanities, science, engineering and architecture, social science, business, law, and mathematics and c
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Adrian, Sandu, and Răcănel Carmen. "Key indicators affecting the evolution of road traffic in Romania." In 8th International Conference on Road and Rail Infrastructure. University of Zagreb Faculty of Civil Engineering, 2024. http://dx.doi.org/10.5592/co/cetra.2024.1666.

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As with all forecasts, in estimating road traffic for large periods of time (20 or 30 years) there is uncertainty regarding the outcome of key input variables, such as future GDP growth, fuel prices, and population. The forecasts presented should be read as projected trends for traffic, considering the most likely evolution of the input variables. The main indicators affecting the evolution of road traffic are: population and employment, Gross Domestic Product, average net wage gain, vehicle fleet and motorization rate, Average Daily Travel, and road capacity and network utilization rate. To a
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Sarı Gerşil, Gülşen. "Transformation in Working Life and Working Poverty." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01777.

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Although it has taken into account that globalization has been increasing the enrichment all over the world consider, its emerging and growing poverty size is also engrossing. Because, changes in the labor market is steadily worsening and becoming a chronic state with globalization. Due to unfavorable conditions in working life, working who have got a job or routinely work and get steady income have also been facing with the risk of poverty besides the increase in unemployment is seen. The ones who fall into poor condition despite working have become so visible that “working Poverty” has taken
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Danilowska, Alina. "The effects of the pandemics on agriculture and rural areas development: past experiences." In 23rd International Scientific Conference. “Economic Science for Rural Development 2022”. Latvia University of Life Sciences and Technologies. Faculty of Economics and Social Development, 2022. https://doi.org/10.22616/esrd.2022.56.044.

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The paper aims to identify the economic effects of the pandemics on agriculture and rural areas' development in the past. Recognition of different aspects of the relationship between agriculture and the pandemic is a significant issue because it influences food security. The analysis considered three important pandemics from the past: Black Death, Spanish flu and AIDS. The literature review on the economic consequences of these pandemics was the research method in the study. From the analysed three pandemics, the most extensive and most positive results for the economy in the short and long ru
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Breton, Michael E., and Monica B. Patel. "Decline in ERG Maximum a-wave and b-wave Amplitudes with Age." In Vision Science and its Applications. Optica Publishing Group, 1995. http://dx.doi.org/10.1364/vsia.1995.tub1.

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Growth in the population over age 60 has increased the clinical importance of diseases of the retina associated with aging. The electroretinogram (ERG), long used as a test of retinal function, has potential for providing important clinical insight for retinal diseases of aging patients. However, interpretation of the ERG is complicated by the well documented, but less well understood, decline in response amplitude as a function of increasing age. Insight into factors leading to ERG amplitude decline with age may be provided by study of receptoral changes, reflected in the a-wave component, co
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Altoe F., J. E., P. Bedrikovetsky, A. C. A. Gomes, A. G. Siqueira, and A. L. S. de Souza. "Accounting for Dispersion in Injectivity Decline: Travelling Wave Flow Regimes." In SPE Asia Pacific Oil and Gas Conference and Exhibition. Society of Petroleum Engineers, 2004. http://dx.doi.org/10.2118/88502-ms.

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Selveindran, A., M. Razavi, and D. Patel. "Miscible Wag Management of a Mature CO2 Flood: A Streamline-Based Approach." In SPE Improved Oil Recovery Conference. SPE, 2024. http://dx.doi.org/10.2118/218210-ms.

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Abstract The Postle field is located in Texas County in the Oklahoma Panhandle and has been waterflooded since 1960 and CO2 flooded since 1996. In 2022, a streamline-based flood management workflow was initiated to optimize flood performance and improve cashflow. Initial recommendations included cutting existing CO2 purchases by 50%, generating a savings of $7.5MM. In 2023, due to a deterioration in profitability, the field went through several iterations of cost-cutting measures culminating in the elimination of purchased CO2 and a reduction in workover job. The loss of purchased CO2 effectiv
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Reports on the topic "Wage decline"

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Holmes, Thomas, and Julia Thornton Snider. A Theory of Outsourcing and Wage Decline. National Bureau of Economic Research, 2009. http://dx.doi.org/10.3386/w14856.

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Firpo, Sergio P., Julián Messina, and Francisco H. G. Ferreira. Ageing Poorly?: Accounting for the Decline in Earnings Inequality in Brazil, 1995-2012. Inter-American Development Bank, 2017. http://dx.doi.org/10.18235/0011789.

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The Gini coefficient of labor earnings in Brazil fell by nearly a fifth between 1995 and 2012, from 0.50 to 0.41. The decline in earnings inequality was even larger by other measures, with the 90-10 percentile ratio falling by almost 40 percent. Although the conventional explanation of a falling education premium did play a role, an RIF regression-based decomposition analysis suggests that the decline in returns to potential experience was the main factor behind lower wage disparities during the period. Substantial reductions in the gender, race, informality and urbanrural wage gaps, condition
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Fernández, Manuel, and Julián Messina. Skill Premium, Labor Supply and Changes in the Structure of Wages in Latin America. Inter-American Development Bank, 2017. http://dx.doi.org/10.18235/0011788.

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Earnings inequality declined rapidly in Argentina, Brazil and Chile during the 2000s. A reduction in the experience premium is a fundamental driver of declines in upper-tail (90/50) inequality, while a decline in the education premium is the primary determinant of the evolution of lower-tail (50/10) inequality. Relative labor supply is important for explaining changes in the skill premiums. Relative demand trends favored high-skilled workers during the 1990s, shifting in favor of low-skilled workers during the 2000s. Changes in the minimum wage, and more importantly, commodity-led terms of tra
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Moffitt, Robert, David Ribar, and Mark Wilhelm. The Decline of Welfare Benefits in the U.S.: The Role of Wage Inequality. National Bureau of Economic Research, 1996. http://dx.doi.org/10.3386/w5774.

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Luduvice, André Victor D., Tomás R. Martinez, and Alexandre B. Sollaci. Minimum Wage, Business Dynamism, and the Life Cycle of Firms. Inter-American Development Bank, 2024. http://dx.doi.org/10.18235/0012849.

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This paper studies the effects of the minimum wage on the life cycle of firms. We first build a tractable model where heterogeneous firms have labor market power, invest in innovation, and choose formal or informal sectors. The model predicts that a minimum wage hike not only shrinks young and low-productivity firms but also lowers incentives to innovate, resulting in lower life cycle growth. We then test the predictions of the model using Brazilian administrative and census data leveraging the variation in exposure across establishments and municipalities to the large increase in the minimum
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Pulido, José, Hernando Vargas-Herrera, and Juan J. Ospina-Tejeiro. The labor market in Colombia: Structural features and the role of wages in the post-pandemic inflationary surge. Banco de la República, 2023. http://dx.doi.org/10.32468/be.1232.

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We provide an overview of the primary structural features of the labor market in Colombia and survey the margins of adjustment of the market during the pandemic. Given the decline of real wages amid the post-pandemic inflationary surge, mainly due to the formal wage rigidity in the short run, we investigate whether the dynamics of nominal wages and their expected adjustments to catch up with prices could fuel the post-pandemic inflationary escalation. For this, we estimate the long-term relationship between wages, prices, and labor productivity using a small open economy framework. We find tha
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Blyde, Juan S., Matías Busso, Kyunglin Park, and Dario Romero. Short- and Long-Run Labor Market Adjustment to Import Competition. Inter-American Development Bank, 2023. http://dx.doi.org/10.18235/0004703.

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By exploiting spatial variation in import exposure arising from initial differences in industry specialization, we analyze how local labor markets in Mexico adjusted to increased Chinese-import competition over different time horizons. The initial adjustment to the shock took various forms: a decline in the number of wage employees, a substitution of wage employees with piece-rate or outsourced workers, and a substitution of formal employees with informal employees. The negative effects on employment were mainly associated with job destruction from exiting firms, particularly those that were s
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Vlaicu, Razvan. Research Insights: What Are the Impacts of Bank Branch Closures on Local Firms? Inter-American Development Bank, 2024. https://doi.org/10.18235/0013282.

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As several major banks in Latin America have reduced their branch networks in recent years, many firms have lost access to their local bank. Bank branch closures result in a reduction in firm establishments with active operations from 1.2% initially to 8.1% within 4-7 years, a 0.5 decline in weekly hours of formal employment, and a compression of the real wage distribution. Micro firms, trade and service firms, and agricultural firms are found to be the most vulnerable.
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Parra-Cely, Sergio, and Wladimir Zanoni. The Labor Market Worsening Effects of a Resource Bust: Evidence from the Crude Oil Price Shock in Ecuador. Inter-American Development Bank, 2022. http://dx.doi.org/10.18235/0004291.

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To assess the effects of an oil price bust on individual labor market outcomes, we leverage the 2015 exogenous decline in international oil prices with geographical variation in oil-dependency in Ecuador. To account for propagation mechanisms, we also test the causal effect of the oil price bust on public transfers to local autonomous governments. Reduced form results suggest a moderate oil price pass-through channel on wages and nonlabor earnings but not on labor supply and participation. Public transfers play an amplification role, as a one percentage point decrease in these funds implies wo
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Albert, Jose Ramon, Jan Carlo Punongbayan, and Mika Muñoz. Returns to Education in the Philippines (2005–2022): Declining Benefits, Increased Inequities. Philippine Institute for Development Studies, 2024. http://dx.doi.org/10.62986/pn2024.09.

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This Policy Note examines the returns to education in the Philippines from 2005 to 2022, focusing on salaried college graduates. It reveals that returns have declined but have become more similar across various levels of educational attainment. The most significant decrease has been observed in the returns on college education, which has disproportionately affected low-wage workers, contradicting previous research. This trend may be attributed to the growth of formal employment, a transition from agriculture to services, changes in job quality, and a decline in education quality. This Note hig
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