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This paper uses the Cotton/Neumark decomposition methodology and 1990 CPS data to investigate the relative importance of labour market structure and human capital in explaining the white male/Asian, white male/black, white male/Hispanic wage gaps. We find that labour market structure is more...
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This paper examines the major economic contributions of Barbara R. Bergmann. After presenting her personal background information, it gives an overview of her theoretical framework. This is followed by her critique of economic methodology and an examination of her major contributions in...
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Early time-series studies that examined the impact of unions on labor's share of income were primarily descriptive. They generally found that unions did not impact labor's share of income. In contrast, later studies, using either panel data or cross-section data, have produced mixed results....
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There has been a great deal of research regard the effects of unions on union - non-union wage gap. Most of the studies regarding the impact of unions on wages have assumed that apart from the division between union and non-union workers, the labour market is relatively homogeneous. A number...
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Previous studies of the Phillips Curve using capacity, utilization have estimated NAIRCU to be in the neighborhood of 82%. These studies estimate NAIRCU by imposing the restriction that there is no stable long run relationship between capacity utilization and the rate of inflation. The authors...
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