Showing 1 - 8 of 8
We study the transmission of risk attititudes in a unique survey of mothers and children in which both participated in an incentivised risk preference elicitation task. We document that risk preferences are correlated between mothers and children when the children are just 7 to 8 years old. This...
Persistent link: https://www.econbiz.de/10010667650
Over the last two decades, the wage gap between men and women has narrowed, yet a sizeable discrepancy in earnings … explaining this gender wage gap have been limited by the rarity of appropriate data sources containing this information. In this … down into full-time and part-time employment, explains little of the gender wage gap. Indeed, it is differences in the …
Persistent link: https://www.econbiz.de/10005509481
the same time, employment rates for men and women have converged. This paper examines the relationship between these two … facts by analysing the role played by labour market experience in explaining the narrowing gender wage gap. We analyse the … first differences. Differences in levels of experience are found to explain 39 percent of the gender wage gap in the US and …
Persistent link: https://www.econbiz.de/10005509501
This paper analyzes the relationship between aggregate wages and individual wages when there is time series variation in employment and in the dispersion of wages. A new and easily implementable framework for the empirical analysis of aggregation biases is developed. Aggregate real wages are...
Persistent link: https://www.econbiz.de/10005811363
We analyze the impact of product market competition on unemployment and wages, and how this depends on labour market institutions. We use differential changes in regulations across OECD countries over the 1980s and 1990s to identify the effects of competition. We find that increased product...
Persistent link: https://www.econbiz.de/10005509452
This paper compares partial and general equilibrium effects of alternative financial aid policies intended to promote college participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labour supply, and consumption/saving...
Persistent link: https://www.econbiz.de/10010686004
We develop an equilibrium model of on-the-job search with ex-ante heterogeneous workers and firms, aggregate uncertainty and vacancy creation. The model produces rich dynamics in which the distributions of unemployed workers, vacancies and worker-firm matches evolve stochastically over time. We...
Persistent link: https://www.econbiz.de/10010691091
participation. This is done by conditioning on the mortgage decision in a labour market participation equation for married women …
Persistent link: https://www.econbiz.de/10005727577