Showing 1 - 10 of 29
. It suggests that the pay and employment experience of low skilled Americans is a poor counterfactual for assessing how …
Persistent link: https://www.econbiz.de/10012471160
International Adult Literacy Survey we find that employment of skilled to unskilled labour is unrelated to differences in skill … premium but that changes in relative employment are related to changes in relative wages raising the possibility of some … substitution behavior. Still, the differing dispersion of wages is not a major contributor to differences in employment rates. The …
Persistent link: https://www.econbiz.de/10012471302
(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
amenable to empirical analysis. A characterization of the wage and employment-setting process in unionized markets is adopted … opportunities for substituting wages for employment in response to a change in the slope of the employer's labor demand function …. Larger union locals place greater emphasis on wages versus employment than smaller union locals …
Persistent link: https://www.econbiz.de/10012478241
greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …
Persistent link: https://www.econbiz.de/10012478304
This paper studies the efficient agreements about the dependence of workers' earnings on employment, when the … employment level is controlled by firms. The firms ' superior information about profitability conditions is responsible for this … form of contract governance. Under plausible assumptions, such agreements will cause employment to diverge from efficiency …
Persistent link: https://www.econbiz.de/10012478446
The paper analyzes the joint determination of wives' earnings and labor force participation over the life cycle given the interruptions in wives' work careers. The interruptions affect the profitability of the investment in human capital, which in turn determines earnings. The earnings prospects...
Persistent link: https://www.econbiz.de/10012478454
literature for over thirty years. The wages and employment o typographers are examined to see whether they can be usefully … characterized as the outcome of a process by which the union maximizes an objective function containing wages and employment and is … wages and employment of these workers compared with our more general formulation …
Persistent link: https://www.econbiz.de/10012478563
Over the last half century, U.S. wage growth stagnated, wage inequality rose, and the labor-force participation rate of prime-age men steadily declined. In this article, we examine these labor market trends, focusing on outcomes for males without a college education. Though wages and...
Persistent link: https://www.econbiz.de/10012479530
In this paper we use indirect inference to estimate a joint model of earnings, employment, job changes, wage rates, and …
Persistent link: https://www.econbiz.de/10012463904