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This paper examines how human capital-based approaches explain the distribution of earnings. It assesses traditional, quasi-experimental, and new micro-based structural models, the latter of which gets at population heterogeneity by estimating individual-specific earnings function parameters....
Persistent link: https://www.econbiz.de/10012175804
Brazil has made remarkable progress in reducing poverty and inequality. This reduction is explained by strong growth but also by effective social policies. Besides growth, public services and cash transfers have played the biggest role, the latter notably through the successful “Bolsa...
Persistent link: https://www.econbiz.de/10010231401
We conduct a computational replication of Atanasov et al. (2023). In total, our analysis covers three variations: we use the cleaned dataset provided in the replication package, we clean the original data ourselves, and finally we extend the dataset to encompass an additional three years of data...
Persistent link: https://www.econbiz.de/10015066376
Being beautiful gives a person an advantage in many settings. Attractive people earn more and have an easier time getting hired. People spend large amounts of money on goods and services to enhance their beauty. Is this enhancement worth pursuing? Research suggests that the expected improvement...
Persistent link: https://www.econbiz.de/10011433614
Studies from countries with laws against discrimination on the basis of sexual orientation suggest that gay and lesbian employees report more incidents of harassment and are more likely to report experiencing unfair treatment in the labor market than are heterosexual employees. Gay men are found...
Persistent link: https://www.econbiz.de/10011422736
Most developed countries have foreign aid programs that aim to alleviate poverty and foster economic growth in less developed countries, but with very limited success. A large body of evidence indicates that the root of the economic development problem is cross-country differences in the...
Persistent link: https://www.econbiz.de/10011420240
entrepreneurs to minimize the sum of wages and monitoring costs. (2) Big firms pay efficiency wages to deter shirking. (3) Big firms … adopt a discretionary wage policy to share rents, or in Slichter's words, “Wages over a considerable range reflect … managerial discretion. When management can easily afford to pay high wages, they tend to do so.” We advance a productivity …
Persistent link: https://www.econbiz.de/10014024713
We use Canadian matched employer-employee data to assess the sources of the union pay premium. After controlling for worker heterogeneity using the Abowd, Kramarz, and Margolis (1999) (AKM) two-way fixed effects approach, we find that unionized firms pay about 15 log points more than...
Persistent link: https://www.econbiz.de/10015409771
Income inequality in Colombia has declined since the early 2000s but remains very high by international standards. Income dispersion largely originates from the labour market, which is characterised by a still high unemployment rate, a pervasive informal sector and a wide wage dispersion...
Persistent link: https://www.econbiz.de/10009769636
Australia has seen large rises in living standards over the last decades across the whole of the income distribution. Technological change and international trade have contributed to this success, but have also brought structural change. Some industries have declined, while others flourished....
Persistent link: https://www.econbiz.de/10011998476