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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
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
. Declines in wages have also been more common in small plants. In addition, there is an important transitory component in wage …
Persistent link: https://www.econbiz.de/10005556836
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/10005118755
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/10005119296
The purpose of this paper is to assess the sequence of technological changes occurred in the retail banking sector of the United Kingdom against the emergence of customer services by developing an evolutionary argument. The historical paradigm of Information Technology provides useful insights...
Persistent link: https://www.econbiz.de/10005134541
In this paper, we examine the determinants of low-wage employment in Portugal. For this purpose, we use a data file of the European Community Household Panel (ECHP) for the years 1998 and 1999. In order to take into account unobserved heterogeneity in the data, a random-parameter logit model is...
Persistent link: https://www.econbiz.de/10005076516