The career prospects of newly recruited employees differ substantially within an organization.The stars experience a considerable growth in earnings; others can hardly maintain theirentry salaries. This article sheds light on the mechanisms generating the observedheterogeneity in earnings...

We study differences in the adjustment of aggregate real wages in the manufacturing sectorover the business cycle across OECD countries, combining results from different data anddynamic methods. Summary measures of cyclicality show genuine cross-countryheterogeneity even after controlling for...

This paper examines the Turkish wage curve using individual data from the HouseholdLabor Force Survey (HLFS) including 26 NUTS-2 regions over the period 2005-2008.When the local unemployment rate is treated as predetermined, there is evidence infavor of the wage curve only for younger and female...

Using U.S. manufacturing data, Griliches (1969) found evidence suggesting that capitalequipment was more substitutable for unskilled than skilled labor. Griliches formulated thisfinding as the capital-skill complementarity hypothesis. The purpose of this study is todetermine whether the...

We use a unique firm-level data set merging administrative information on average wagespaid by firms by skill level (blue collars and white collars), Population Census information onthe local stock of human capital available to firms and survey information on firmcharacteristics to investigate...

We combine two empirical observations in a general equilibrium occupational choice model.The first is that entrepreneurs have more control than employees over the employment ofand accruals from assets, such as human capital. The second observation is thatentrepreneurs enjoy higher returns to...

This paper examines how a change in the generosity of one social assistance programgenerates spillovers onto other social assistance programs. We exploit an age discontinuityin the stringency of the 1993 Dutch disability reforms to estimate the causal effect of exit fromdisability insurance (DI)...

The main purpose of this paper is to estimate the size and the growth of Quebec’sunderground economy, and the corresponding loss of taxes for the government. Ourapproach is based on a method developed by Pissarides and Weber (1989) and extended byLyssiotou et al. (2004). The basic hypothesis...