Working Time Reductions at the End of the Career. Do They Prolong the Time Spent in Employment?

by Andrea Albanese, Bart Cockx, Yannick Thuy
April, 2019

In this paper, we study the effects on the survival rate in the employment of a scheme that facilitates gradual retirement through working time reductions. We use information on the entire labour market career and other observables to control for the selection and take dynamic treatment assignment into account. We also estimate a competing risks … Continued

A Comparison of Earnings Related to Higher Level Vocational/Technical and Academic Education

by H. Espinoza, S. Speckesser
April, 2019

We use the earliest cohort of English secondary school leavers with newly available Longitudinal Education Outcomes data (622,000 pupils in 2002/03) to compare earnings of people with higher vocational/technical qualifications to those of degree holders. The unusually rich data allow us to estimate earnings differentials until the age of 30, controlling for a wide array … Continued

Improvement in European labour force participation

by Daniel Gros
March, 2019

Employment and labor force participation (LFP) rates have increased throughout Europe since the 1990s, with little interruption from the Great Recession. While many credit labour market reforms for this progress, ongoing educational expansion might actually be more important. This implies that the overall employment rate of an economy can change if the share of the … Continued

The impact of a change in the National Minimum Wage on the distribution of hourly wages and household income in Ireland

by Paul Redmond, Karina Doorley, Seamus McGuinness
March, 2019

This ESRI study, funded by the Low Pay Commission, found that the 2016 increase in the Irish minimum wage reduced hourly wage inequality between high and low earners by up to 8 per cent. However, there was no strong impact on the income of households.

Analyzing the Transformation of Work and Its Effects on Productivity in the Age of Automatization?

by Tero Kuusi, Martti Kulvik, Maarit Laiho, Annina Ropponen, Maija Vähämäki
March, 2019

In this policy brief, we discuss the challenges of measuring productivity effects of automatization in a governmental payment service organization (The Finnish Government Shared Services Centre for Finance and HR, Palkeet) that has developed and applied digital robotics in work processes. To this end, we combine sociologic and economic research tools and traditions to provide … Continued

Challenge: To Raise the Employment Rate

by Rita Asplund, Pekka Vanhala
March, 2019

The government reached its 2019 goal of 72% for the employment rate. Yet, the policymaking arena has already rushed to raise the target to 75%. This official employment rate, which measures the share of the employed in the 15–64 aged population, however, conceals large differences both between and within age groups. Particularly problematic is that … Continued