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The acceleration of productivity since 1995 has prompted a debate over whether the economy's underlying growth rate will remain high. In this paper, we propose a methodology for estimating trend growth that draws on growth theory to identify variables other than productivity - namely consumption...
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has directly estimated the joint impact of these different causes. In this paper, we view wages as arising out of a … specify an empirical model which allows us to estimate the general equilibrium relationship between wages and technology … increase the return to education. …
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During the 1980s and early 1990s the earnings gap between individuals with a college education and those with no more …
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We study the evolution of individual labor earnings over the life cycle, using a large panel data set of earnings histories drawn from U.S. administrative records. Using fully nonparametric methods, our analysis reaches two broad conclusions. First, earnings shocks display substantial deviations...
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We document three new facts about gender differences in executive compensation. First, female executives receive a lower share of incentive pay in total compensation relative to males. This difference accounts for 93 percent of the gender gap in total pay. Second, the compensation of female...
Persistent link: https://www.econbiz.de/10011207944
evidence of positive assortative mating at all levels of education in both countries. However, the time trends vary by the … level of education: Among college graduates, assortative mating has been declining over time, whereas individuals with a low … level of education are increasingly sorting into internally homogenous marriages. When looking within the group of college …
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