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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
This paper investigates the causal effect of job training on wage rates in the presence of firm heterogeneity. When … job training on wage rates across firms with a weighted-average of the contrast in wages between different firms for a … training on wage rates at each firm which leverage information on firm-specific wages. We illustrate our partial identification …
Persistent link: https://www.econbiz.de/10015072893
COVID-19 era, but research to date has been sparse on how much of this increase reflects compensating wage differentials for … Occupational Injuries (CFOI) and wage data from the Current Population Survey (CPS) to examine whether compensating wage … mortality wage premiums imply that workers trade off money and mortality risk using a VSL of about $18 million, which is near …
Persistent link: https://www.econbiz.de/10015094873
anticipate considerably lower earnings in subsequent years, even under the assumption of continuous employment after leaving …
Persistent link: https://www.econbiz.de/10012475585
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