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an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and … escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more … on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the …
Persistent link: https://www.econbiz.de/10001433753
higher marginal rate of substitution of current wages for future wages. Incidentally, a survey of several hundred …
Persistent link: https://www.econbiz.de/10012471233
paid at least the wages and benefits that are "prevailing" for similar work in or near the locality in which the project is … located, have been the focus of an extensive policy debate. We find that the relative wages of construction workers decline …
Persistent link: https://www.econbiz.de/10012471329
of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages …
Persistent link: https://www.econbiz.de/10012471532
In this paper, we make the general point that econometric studies of the firm can be effectively and substantially enriched by using information collected from employees, even if only a few of them are surveyed per firm. Though variables measured on the basis of the answers of very few employees...
Persistent link: https://www.econbiz.de/10012471772
The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that … their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …
Persistent link: https://www.econbiz.de/10012814450
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …
Persistent link: https://www.econbiz.de/10012477000
a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to … nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The …
Persistent link: https://www.econbiz.de/10012477025
puzzle of increasing real wages during a period of high unemployment …
Persistent link: https://www.econbiz.de/10012477438
implements a pair of tests for the exogeneity of wages in a longitudinal labor supply model, and for the particular failure of … hours Granger -- cause wages at the individual level. The second test involves a simultaneous estimation of labor supply and … from the process generating wages, even when long time series are available on a sample of individuals …
Persistent link: https://www.econbiz.de/10012477658