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An analysis of hourly pay that allows for the choice of whether to work full-time, part-time or not at all (using the 1980 Women in Employment Survey) finds significant sample selection bias for women in full-time jobs. Part of the observed differential between the hourly pay of full-timers and...
Persistent link: https://www.econbiz.de/10005498008
Easterlin's relative income hypothesis projects for smaller cohorts increasing wages, increasing fertility and … female net wages therefore stimulate female labor supply. The example of Sweden shows that pronatalist policies can be …
Persistent link: https://www.econbiz.de/10005662066
wages and hours. Then, we consider the effects of a legislation restricting the maximum working time, while we let wages … respond endogenously. In general, this regulation benefits workers, both unemployed and employed (even if wages decrease), but …
Persistent link: https://www.econbiz.de/10005067610
wages received for hours worked overtime. The goal of the policy was to increase the number of hours worked. This article …
Persistent link: https://www.econbiz.de/10008854516
with a high level of real wages, a small dispersion of wages, and with a relatively large share of aggregate income going …
Persistent link: https://www.econbiz.de/10005656160
This paper develops a theoretical model of the <MI>simultaneous<D> determination of union wages and union membership … union wages. Although some empirical studies have effectively endogenized membership to control for simultaneity, the … for estimation of manual wages and union density for the private sector. The results reveal that for our particular data …
Persistent link: https://www.econbiz.de/10005666596
A trade union whose purpose is to raise wages above the competitive level may foster economic growth if it succeeds in … cares for wages and employment, we determine a range of trade union objectives and characterize the aggregate technology so …
Persistent link: https://www.econbiz.de/10005123702
This Paper tests the predictive value of subjective labour supply data for adjustments in working hours over time. The idea is that if subjective labour supply data help to predict next year’s working hours, such data must contain at least some information on individual labour supply...
Persistent link: https://www.econbiz.de/10005123687
This paper analyses the welfare effects of changes in cross-sectional wage dispersion, using a class of tractable heterogeneous-agent economies. We emphasize a trade-off in the welfare calculation that arises when labour supply is endogenous. On the one hand, as wage uncertainty rises, so does...
Persistent link: https://www.econbiz.de/10005123728
, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We … wages from the end of statutory schooling. We use the model to evaluate the life-cycle return to apprenticeship training and …
Persistent link: https://www.econbiz.de/10005124058