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wages. We find that the training rate of workers just above 40 is about 15-20 percent higher than the training rate of …
Persistent link: https://www.econbiz.de/10005125714
their labor to the highest bidder. The stationary equilibrium has both technology dispersion \226 different wages due to … different job qualities, and contract dispersion \226 different wages due to different market experiences for workers. The …
Persistent link: https://www.econbiz.de/10005126186
In this paper, we study the return to human capital variables for wages of workers observed in Tunisian matched worker … structure of the data. The workers with low wages or low conditional wages experience greater returns to human capital than … intra-firm externality on wages. Therefore, a given worker would be more productive and better paid in an environment …
Persistent link: https://www.econbiz.de/10005408310
different productivities or skills, are employed by firms offering wages that depend both on the agents’ individual skill level …
Persistent link: https://www.econbiz.de/10005408328
Using Finnish panel data, we study how entrepreneurs differ from workers in education and income dynamics. We find that workers have higher median income in all educational groups. Without additional controls, entrepreneurs have higher average income with all but undergraduate level of...
Persistent link: https://www.econbiz.de/10005556770
I estimate a life cycle model of consumption choice with unemployment risk. Employed individuals face the risk of losing their job. Unemployed agents receive job random offers of different quality, which they can accept or reject. Following the loss of a job and during unemployment, an agent’s...
Persistent link: https://www.econbiz.de/10005119102
An obvious answer to this question is the capital-skill complementarity hypothesis originally proposed by Zwi Griliches (1969). But the relatively poor performance of this hypothesis suggests that other explanations are needed. Here we consider the labour union behaviour in the wage bargaining...
Persistent link: https://www.econbiz.de/10005125811
to an increase in the agent's employment probability and expected wages, in the sense of first order stochastic dominance … show that employment is positively correlated across time and agents, and the same is true for wages. Moreover … status or a smaller network, then that group's drop-out rate will be higher and their employment prospects and wages will be …
Persistent link: https://www.econbiz.de/10005135002
The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have...
Persistent link: https://www.econbiz.de/10005408336
This study uses Social Security earnings records matched to recent cross-sections of the SIPP and CPS to study the earnings progress of U.S. immigrants.The data show that immigrants' earnings grow 10 to 13 percent during their first twenty years in the U.S. relative to the earnings of natives...
Persistent link: https://www.econbiz.de/10005408366