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Information heterogeneity and intended college enrollment

Zafar, Basit; Bleemer, Zachary - Federal Reserve Bank of New York - 2014

Despite a robust college premium, college attendance rates in the United States have remained stagnant and exhibit a substantial socioeconomic gradient. We focus on information gaps— specifically, incomplete information about college benefits and costs—as a potential explanation for these...

Persistent link: https://www.econbiz.de/10011027223

University choice: the role of expected earnings, non-pecuniary outcomes, and financial constraints

Delavande, Adeline; Zafar, Basit - Federal Reserve Bank of New York - 2014

We investigate the determinants of students’ university choice, with a focus on expected monetary returns, non-pecuniary factors enjoyed at school, and financial constraints, in the Pakistani context. To mitigate the identification problem concerning the separation of preferences,...

Persistent link: https://www.econbiz.de/10011027218

The effect of import competition on manufacturing wages

Brauer, David A. - Federal Reserve Bank of New York - 1990

Persistent link: https://www.econbiz.de/10005512209

Immigrant earnings, relative to what? The importance of earnings function specification and comparison points

Yuengert, Andrew - Federal Reserve Bank of New York - 1992

Persistent link: https://www.econbiz.de/10005512215

The rise and decline(?) of U.S. internal labor markets

Groshen, Erica; Levine, David - Federal Reserve Bank of New York - 1998

Many employers adopt practices that insulate their workforces from the outside labor market. One defining characteristic of such an "internal labor market" is a company wage policy that diverges from that of the external market. These divergences may occur for an entire employer on average, or...

Persistent link: https://www.econbiz.de/10005512225

International trade and American wages in general equilibrium, 1967-1995

Harrigan, James - Federal Reserve Bank of New York - 1998

In the last quarter century, wage inequality has increased dramatically in the United States. At the same time, the United States has become more integrated into the world economy, relative prices of final goods have changed, the capital stock has more than doubled, and the labor force has...

Persistent link: https://www.econbiz.de/10005526274

What's driving the new economy? The benefits of workplace innovation

Black, Sandra E.; Lynch, Lisa M. - Federal Reserve Bank of New York - 2001

relationship between workplace innovations and establishment productivity and wages. Using both cross-sectional and longitudinal … wages. Specifically, we find a positive and significant relationship between the proportion of non-managers using computers … examine the determinants of wages within these establishments, we find that re-engineering a workplace to incorporate more …

Persistent link: https://www.econbiz.de/10005526275

Identifying inflation's grease and sand effects in the labor market

Groshen, Erica L.; Schweitzer, Mark E. - Federal Reserve Bank of New York - 1997

facilitating adjustments to shocks when wages are rigid downwards (grease). This paper investigates whether these two effects can … find some indications that occupational wages in large firms gained flexibility in the past four years. These results …

Persistent link: https://www.econbiz.de/10005526314

Looking beyond the CEO: executive compensation at banks

Demsetz, Rebecca S.; Saidenberg, Marc R. - Federal Reserve Bank of New York - 1999

The literature on executive compensation at banks has proceeded largely under the assumption that a single elasticity can adequately describe the sensitivity of executive pay to firm performance, but theories of performance based pay and tournament pay suggest that this assumption may be...

Persistent link: https://www.econbiz.de/10005420489

U.S. wages in general equilibrium: the effects of prices, technology and factor supplies, 1963-1991

Harrigan, James; Balaban, Rita A. - Federal Reserve Bank of New York - 1999

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 …

Persistent link: https://www.econbiz.de/10005420516