Showing 1 - 10 of 705
With data from the March CPS and using shift-share analysis, we analyze the factors that account for changes in post-tax post-transfer income during each of the past four recessions. What distinguishes the Great Recession is that drops in employment rather than wage earnings drove income...
Persistent link: https://www.econbiz.de/10010951470
methods in the labor earnings inequality literature. …
Persistent link: https://www.econbiz.de/10005720300
heterogeneity, job-specific error components in both wages and hours, and measurement error. We use the model to address a number of … important questions in labor economics, including the source of the experience profile of wages, the response of job changes to …-specific error components in wages and hours. …
Persistent link: https://www.econbiz.de/10005828957
Recent research on United States levels and trends in income inequality vary substantially in how they measure income … IRS tax return data. Doing so dramatically reduces the observed growth in income inequality across the distribution, but …
Persistent link: https://www.econbiz.de/10010796661
This paper constructs and estimates a dynamic model of the evolution of health for those over the age of 50 and then embeds that model of health dynamics in a structural, econometric model of retirement and saving. The health model traces the effects of smoking, obesity, alcohol consumption,...
Persistent link: https://www.econbiz.de/10010775235
Britain, we study wage behavior in both countries, with particular attention to the Great Recession. Real wages are … procyclical in both countries, but the procyclicality of real wages varies across recessions, and does so differently between the …
Persistent link: https://www.econbiz.de/10010969431
knowledge-based hierarchies to study issues like the evolution of wage inequality, the growth and productivity of firms …
Persistent link: https://www.econbiz.de/10010950675
This paper emphasizes the role of wage growth in shaping work incentives. It provides an analytical framework for labor supply in the presence of a return to labor market experience and aggregate productivity growth. A key finding of the theory is that there is an interaction between these two...
Persistent link: https://www.econbiz.de/10005085133
We develop new evidence on the cumulative earnings losses associated with job displacement, drawing on longitudinal Social Security records for U.S. workers from 1974 to 2008. In present value terms, men lose an average of 1.4 years of pre-displacement earnings if displaced in mass-layoff events...
Persistent link: https://www.econbiz.de/10009372449
In search and bargaining models, the effect of higher wages on employment is determined by the elasticity of the job … creation curve and a standard demand curve is that the former represents a relationship between wages and employment rates …, while the latter represents a relationship between wages and employment levels. Although this distinction is quite simple …
Persistent link: https://www.econbiz.de/10008625924