Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10001946076
Persistent link: https://www.econbiz.de/10001946092
Persistent link: https://www.econbiz.de/10001763943
The wage premium for high-skilled workers in the United States, measured as the ratio of the 90th-to-10th percentiles from the wage distribution, increased by 20 percent from the 1970s to the late 1980s. A large literature has emerged to explain this phenomenon. A leading explanation is that...
Persistent link: https://www.econbiz.de/10008862182
in the growth rate of real wages over time. We employ a novel decomposition technique that allows us to divide the time … procyclicality is largely offset by the change in the composition of the workforce, leading aggregate real wages to be almost …
Persistent link: https://www.econbiz.de/10009320687
-founded dynamic general equilibrium (DGE) model of the U.S. economy with sticky wages and sticky prices using impulse responses to … for significant inertia in wages and some intrinsic inertia in nominal wage inflation. Our results provide support for the …
Persistent link: https://www.econbiz.de/10010702169
Using Current Population Survey data, we find that the gap between wages by black and white males declined during the …
Persistent link: https://www.econbiz.de/10010702231
Speech to the Center for the Study of Democracy 2006-2007 Economics of Governance Lecture, University of California, Irvine, November 6, 2006>
Persistent link: https://www.econbiz.de/10010724805
some of the inequality in real wages could be attributed to differences in quality of labor, industry composition, labor …
Persistent link: https://www.econbiz.de/10010633056
We show that the existence of downward nominal wage rigidities bends the short-run wage Phillips curve. We introduce a model of monetary policy with downward nominal wage rigidities and show that both the slope and curvature of the Phillips curve depend on the level of inflation and the extent...
Persistent link: https://www.econbiz.de/10010635830