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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
This paper analyzes optimal portfolio decisions of long-horizon investors with undiversifiable labor income risk and exogenous expected retirement and lifetime horizons. It shows that the fraction of savings optimally invested in stocks is unambiguously larger for employed investors than for...
Persistent link: https://www.econbiz.de/10012471376
This paper examines the impacts of work experience acquired while youth were in high school (and college) on young men's wage rates during the 1980s and 1990s. Previous studies have found evidence of sizeable and persistent rates of return to working while enrolled in school, especially high...
Persistent link: https://www.econbiz.de/10012471494
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 article, we focus on how recent research advances can be used to address the following six questions: (1) How much does executive compensation cost the firm? (2) How much is executive compensation worth to the recipient? (3) How well does executive compensation work? (4) What are the...
Persistent link: https://www.econbiz.de/10012471670
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
Using panel data from 23 OECD countries, I document that wages grow more over the life-cycle in countries where job …
Persistent link: https://www.econbiz.de/10012814473
This paper presents an empirical analysis of changes in individual earnings and hours over time. Using longitudinal data from three panel surveys,we catalogue the main features of the covariance structure of changes in earnings and hours. We then present an interpretation of these features in...
Persistent link: https://www.econbiz.de/10012477244