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The growing importance of family and community : an analysis of changes in the sibling correlation in earnings

Mazumder, Bhashkar (contributor); … - 2003 - [Elektronische Ressource]

"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...

Persistent link: https://www.econbiz.de/10001920916

Recent evidence on the relationship between unemployment and wage growth

Aaronson, Daniel; Sullivan, Daniel - Federal Reserve Bank of Chicago - 2000

The current expansion has delivered the lowest unemployment rates in decades, yet nominal wage growth has remained … relatively contained. This suggests to some a shift in the historical relationship between unemployment and wage growth. We look … real wage growth with respect to unemployment has fallen recently, a result that is not due to a compositional shift toward …

Persistent link: https://www.econbiz.de/10005419896

Unskilled workers in an economy with skill-biased technology

Shi, Shouyong - Federal Reserve Bank of Chicago - 1999

This paper contributes to the search theory of unemployment by endogenously generating matching functions for skilled …

Persistent link: https://www.econbiz.de/10005419975

Worker insecurity and aggregate wage growth

Aaronson, Danial; Sullivan, Daniel G. - Federal Reserve Bank of Chicago - 1999

on the basis of the falling unemployment rate. Moreover, examining the relationship between measures of displacement and …

Persistent link: https://www.econbiz.de/10005419983

Women and the Phillips curve : do women's and men's labor market outcomes differentially affect real wage growth and inflation

Anderson, Katharine (contributor); Barrow, Lisa (contributor) - 2003 - [Elektronische Ressource]

unemployment. Juhn, Murphy, and Topel (2002) point out that the low unemployment rates for men in the 1990s were accompanied by … historically high rates of non-employment suggesting that the 1990s economy was not as strong as the unemployment rate might … increase in women's labor force participation more than offsets the decline for men, and low unemployment rates in the 1990s …

Persistent link: https://www.econbiz.de/10001920872

Payday lending: do the costs justify the price?

Flannery, Mark; Samolyk, Katherine - Federal Reserve Bank of Chicago - 2005

Persistent link: https://www.econbiz.de/10010724254

Pay for percentile

Barlevy, Gadi; Neal, Derek - Federal Reserve Bank of Chicago - 2009

We propose an incentive pay scheme for educators that links educator compensation to the ranks of their students within appropriately defined comparison sets, and we show that under certain conditions our scheme induces teachers to allocate socially optimal levels of effort to all students....

Persistent link: https://www.econbiz.de/10008636092

The changing pattern of wage growth for low skilled workers

French, Eric; Mazumder, Bhashkar; Taber, Christopher - Federal Reserve Bank of Chicago - 2005

We examine the key components that determine an individual's early career wage growth and how these factors have changed for less skilled workers over the last twenty years. In particular, we examine the relative importance of accumulating work experience as compared to the quality of job...

Persistent link: https://www.econbiz.de/10005419904

Earnings inequality and the business cycle

Barlevy, Gadi; Tsiddon, Daniel - Federal Reserve Bank of Chicago - 2004

Economists have long viewed recessions as contributing to increasing inequality. However, this conclusion is largely based on data from a period in which inequality was increasing over time. This paper examines the connection between long-run trends and cyclical variation in earnings inequality....

Persistent link: https://www.econbiz.de/10005419911

The role of real wages, productivity and fiscal policy in Germany's Great Depression 1928-1937

Fisher, Jonas D.M.; Hornstein, Andreas - Federal Reserve Bank of Chicago - 2001

-37. In this time period, real wages were countercyclical, and productivity and fiscal policy were procyclical. We use the … neoclassical growth model to investigate how much these factors contribute to the Depression. We find that real wages, which were …

Persistent link: https://www.econbiz.de/10005419926