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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]

distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between …

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

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

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 across the states for more timely evidence of a...

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

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

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

Anderson, Katharine; Barrow, Lisa; Butcher, Kristin - Federal Reserve Bank of Chicago - 2003

growth, changes in inflation, and labor market slackness are the same for men and women and whether measures of “non … the increase in women’s labor force participation more than offsets the decline for men, and low unemployment rates in the … unemployment. Juhn, Murphy, and Topel (2002) point out that the low unemployment rates for men in the 1990s were accompanied by …

Persistent link: https://www.econbiz.de/10005419953

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 and unskilled workers from a wage-posting game. The model is capable of producing a positive skill premium and a positive wage differential among homogenous unskilled workers....

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

Worker insecurity and aggregate wage growth

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

To adequately evaluate claims that increased worker insecurity had reduced wage growth in the 1990s, research must answer two questions: (1) Has worker insecurity increase?, and (2) Does worker insecurity reduce wage growth? Examining data on displacement rates from the Displaced Workers Surveys...

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