Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new … micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market … intact until the very end of the communist regime. We demonstrate that for decades the communist wage grid maintained an …

The paper examines the optimal level of training investment when trained workers are mobile, wage contracts are time …-post monopsonistic power in wage determination. Local union-firm wage bargaining ensures that the post-training wage is set sufficiently …

, creating demands for new combinations of skills, and thereby leading to new patterns of wage inequality. Specifically, our … United States, accompanied by a narrowing of the male-female wage differentials; the reorganization of firms from task …

natives with similar education. Immigrants without U.S. education and who arrived at older ages suffer a wage handicap, which …

This paper develops a descriptive methodology for the analysis of wage growth of immigrants, based on human capital … theory. The sources of the wage growth are: (i) the rise of the return to imported human capital; (ii) the impact of …

The paper analyzes a variety of government policies that can stimulate employment when unemployment is generated … may be ineffective. We show how supply side policies can stimulate employment by raising worker productivity or reducing … effect on employment unless these policies stimulate labor productivity, the entry of firms, capital utilization or …

labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the … employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact …

relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the German Socio …-Economic Panel to study the years 1990–94, I show that along with age, the wage of a worker in 1990 is the most important determinant … of the hazard rate from employment. Differences in mean 1990 wages explain more than one-half of the gender gap in this …