Publication:
The Division of Revenues from Unexpected Demand Shocks

Simple item page
dc.contributor.authorBastos, Paulo
dc.contributor.authorMonteiro, Natalia P.
dc.contributor.authorStraume, Odd Rune
dc.date.accessioned2024-09-26T13:54:32Z
dc.date.available2024-09-26T13:54:32Z
dc.date.issued2024-09-26
dc.description.abstractThis paper exploits gaps between observed and recently forecasted Gross Domestic Product growth in export destinations to estimate the effects of unexpected demand shocks on worker compensation. Using employer-employee panel data, the paper finds that the revenues from these demand shocks are partly transmitted to workers in the form of higher average wages, especially close to the top of the within-firm wage distribution. These wage responses occur both in the form of higher overtime payment and base wage increases. The findings also show that there are significant increases in bonus-related pay in firms managed by high-skilled managers, and the unequal average distribution of unexpected revenues is also mainly driven by wage effects in the same subset of firms. This suggests that the way in which revenues from unexpected demand shocks are transmitted to workers is significantly related to managerial capabilities.en
dc.identifierhttp://documents.worldbank.org/curated/en/099429109232426149/IDU1ac5a0c22151c31458e1a6761f62ca8981787
dc.identifier.doi10.1596/1813-9450-10925
dc.identifier.urihttps://hdl.handle.net/10986/42200
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10925
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectUNEXPECTED DEMAND SHOCKS
dc.subjectFIRM PERFORMANCE
dc.subjectWAGES
dc.subjectRENT SHARING
dc.subjectMANAGERS
dc.subjectTRADE AND LABOR MARKET INTERACTIONS
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.titleThe Division of Revenues from Unexpected Demand Shocksen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleThe Division of Revenues from Unexpected Demand Shocks
okr.date.disclosure2024-09-26
okr.date.lastmodified2024-09-23T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099429109232426149/IDU1ac5a0c22151c31458e1a6761f62ca8981787
okr.guid099429109232426149
okr.identifier.docmidIDU-ac5a0c22-51c3-458e-a676-f62ca8981787
okr.identifier.doi10.1596/1813-9450-10925
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10925
okr.identifier.externaldocumentum34394095
okr.identifier.internaldocumentum34394095
okr.identifier.reportWPS10925
okr.import.id5360
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099429109232426149/pdf/IDU1ac5a0c22151c31458e1a6761f62ca8981787.pdfen
okr.region.geographicalWorld
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.topicInternational Economics and Trade::Export Competitiveness
okr.topicSocial Protections and Labor::Wages, Compensation & Benefits
okr.unitDECRG: Trade & Intl. Integration (DECTI)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
IDU1ac5a0c22151c31458e1a6761f62ca8981787.pdf
Size:
1.26 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
IDU1ac5a0c22151c31458e1a6761f62ca8981787.txt
Size:
213.78 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers