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for median weekly earnings growth into the part associated with the wage growth ofpersons employed at the beginning and … end of the period (the wage growth effect) and the part associated withchanges in the composition of earners (the … tight job switchers get high wage increases,making them account for half of the variation in median weekly earnings growth …
Persistent link: https://www.econbiz.de/10011257608
: by offering a generous wage and by giving attention. Contrary to the traditional gift-exchange hypothesis, we show that … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …
Persistent link: https://www.econbiz.de/10011257203
We investigate the relationship between exporting, importing, and wage premia using a richmatched employer … set of worker- and firm-levelobservable and unobservable characteristics to the wage gap, and (ii) by controlling for … firm size and sales are, todifferent extents, important components of the wage gap both for exporters and importers …
Persistent link: https://www.econbiz.de/10009522216
Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an indicator of the unobserved heterogeneity that...
Persistent link: https://www.econbiz.de/10011256326
We argue that promoting education may be a means to reduceincome inequality. When workers of different skill levels areimperfect substitutes in production, an increase in the level ofhuman capital in the economy reduces the return to education.Hence, a given compression of after-tax incomes can...
Persistent link: https://www.econbiz.de/10011256508
spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on … control over the profitable employment of their human capital than wage employees. …
Persistent link: https://www.econbiz.de/10011256522
In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...
Persistent link: https://www.econbiz.de/10011256615
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...
Persistent link: https://www.econbiz.de/10011256636
in the economy. Furthermore, more educated workers typically end up in wage employment and prefer nonfarm … entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …
Persistent link: https://www.econbiz.de/10011256702
relatively general. Applying human capital theory, we expect higher wage growth for full-time educated auditors than for dual …
Persistent link: https://www.econbiz.de/10011257420