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In this paper, I study how an increase in the use of new work practices that involve multi-tasking has affected the returns to experience.  If each task in a job has a concave learning curve, then increasing the number of tasks may increase the returns to experience.  Using the Panel Study of...
Persistent link: https://www.econbiz.de/10008764094
for a wide range of human capital variables, including cognitive skills, we find that on average wage profiles do reflect … productivity profiles. However, wages are steeper in large and unionized firms. This suggests that human capital theory holds for …
Persistent link: https://www.econbiz.de/10010605095
We develop a model of endogenous skill-biased technical change in developing countries.  The model reconciles wildly dispersed existing estimates of the elasticity of substitution between more and less educated workers.  It also produces an estimating equation for the elasticity, which allow...
Persistent link: https://www.econbiz.de/10008510296
wages, while paying special attention to the mobility after training. …
Persistent link: https://www.econbiz.de/10005776255
The existing literature on training is concerned with understanding the reasons why firms pay for the general skills of … acquisition of complementary specific skills by the worker. …
Persistent link: https://www.econbiz.de/10005090671
Vocational training systems differ markedly between countries. A model of firm-based human capital investment predicts equilibria characterised by particular patterns of training and job-to-job mobility, consistent with observed cross-country differences. Incentives to invest in human capital...
Persistent link: https://www.econbiz.de/10011004405
reciprocity and individual wages. However, the direction of causality is unclear. Various aspects of the distribution of the … reciprocity have a positive effect on wages, while the spread in the distribution (standard deviation) has a strong significant …
Persistent link: https://www.econbiz.de/10010604948
Estimates are produced for differences between the ceteris paribus earnings of union and non-union workers in the UK and the US over time.
Persistent link: https://www.econbiz.de/10005475146
lesser-studied and more direct effect of household activities on wages. In a broad economic sense, household activities … require effort, which decreases labour market productivity and thus wages. This paper first documents the relationship between … housework and wages in Britain and applies a variety of econometric techniques to pin down the effect of housework on wages. It …
Persistent link: https://www.econbiz.de/10005090652
Increasing wage inequality is a feature of many economies in recent years, and the same is true of China. Whereas in most countries it is normally interpreted as a move from one market equilibrium to another, in China it is more likely to reflect a move away from extreme disequilibirum. Two...
Persistent link: https://www.econbiz.de/10005047812