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required in later employment. Our findings reveal a postdoc salary penalty when task mismatch is high, which is frequent, and a …
Persistent link: https://www.econbiz.de/10014226116
The U.S. college wage premium doubles over the life cycle, from 27 percent at age 25 to 60 percent at age 55. Using a … panel survey of workers followed through age 60, I show that growth in the college wage premium is primarily explained by … much greater returns to tenure. Nearly 90 percent of life cycle wage growth occurs within rather than between jobs. To …
Persistent link: https://www.econbiz.de/10014322761
Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...
Persistent link: https://www.econbiz.de/10014447307
anticipate considerably lower earnings in subsequent years, even under the assumption of continuous employment after leaving …
Persistent link: https://www.econbiz.de/10012475585
effects in wage equations fo studying the effect of education. It also provides a human capital interpretation of these firm … matched structure of the data. Wage regressions including the computed factors confirm tha human capital is associated with …, the poor benefit from working in the textile sector in terms of wages unlike the middle and high wage workers. …
Persistent link: https://www.econbiz.de/10010720299
Organized intergroup violence is almost universally modeled as a calculated act motivated by economic factors. In contrast, it is generally assumed that non-economic factors, such as an individual's emotional state, play a role in many types of interpersonal violence, such as "crimes of...
Persistent link: https://www.econbiz.de/10012480552
Inspired by the field experiment in Bertrand and Morse (2011), the state of Texas adopted an information disclosure for consumers taking out payday loans starting in January, 2012. The disclosure compares the cost of payday loans with other credit products, and presents their likelihood of...
Persistent link: https://www.econbiz.de/10012533314
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
worked. We observe a U-shaped pattern in which both young and old workers experience a sharper decrease in wage income … (employment) at proximate stores decrease by 4% (2.1%). Exits, especially of young and small stores, increase, and entry decreases …
Persistent link: https://www.econbiz.de/10013210105
, simply because wages are not universally rigid. Several different statistical techniques suggest that wage rates in the U … greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In … historical data covering the period between the late-nineteenth-century and 1940, U.S. wage behavior appears to be much more …
Persistent link: https://www.econbiz.de/10012478304