A large empirical literature documents a rise in wage inequality in the American economy. Itis silent on whether the increase in inequality is due to greater heterogeneity in thecomponents of earnings that are predictable by agents or whether it is due to greateruncertainty faced by agents...

The March Current Population Survey (CPS) is the primary data source for estimation oflevels and trends in labor earnings and income inequality in the USA. Time-inconsistencyproblems related to top coding in theses data have led many researchers to use the ratio ofthe 90th and 10th percentiles...

This paper reviews the literature on two-sided atomeless assignment models of workers to tasks. Using simple parametric examples, the fundamental differences between the comparative advantage and the scale of operations models are illustrated. Holding the distributions of abilities and tasks and...

In this paper we use a very large matched database on firms and employees to analyze theuse of temporary agencies by low earners, and to estimate the impact of temp employmenton subsequent employment outcomes for these workers...

The UK´s Equal Opportunities Commission has recently drawn attention to the hidden braindrain when women working part-time are employed in occupations below those for whichthey are qualified. These inferences were based on self-reporting...

Two particular features of the position of women in the British labour market are theextensive role of part-time work and the large part-time pay penalty. Part-time work featuresmost prominently when women are in their 30s, the peak childcare years and, particularly formore educated women, a...

This paper investigates the intergenerational transmission of language capital amongstimmigrants, and the effect of language deficiencies on the economic performance of secondgeneration immigrants...

This paper uses longitudinal data from Australia to examine the extent to which overskilling -the extent to which work-related skills and abilities are utilized in current employment - is atransitory phenomenon...

Market imperfections may cause firms and workers to under-invest in specific training. Thispaper shows that profit sharing may be a suitable instrument to enhance specific traininginvestments, either by enhancing wage flexibility or by increasing the returns to training...

We study the effects of liquidity constraints and start-up costs on the relationship betweenwealth and the fraction of entrepreneurs in an economy. We develop a dynamic occupationalchoice model with endogenous wealth and entry into entrepreneurship...