heterogeneity, job-specific error components in both wages and hours, and measurement error. We use the model to address a number of … important questions in labor economics, including the source of the experience profile of wages, the response of job changes to …-specific error components in wages and hours …

Increases in the cost of providing health insurance must have some effect on labor markets, either in lower wages … wages, we document in this paper a significant effect on work hours as well. Using data from the CPS and the SIPP, we show …

In this paper we develop and estimate a factor model of the earnings, labor supply, and wages of young men and young … primarily due to preferences rather than to labor supply responses to family similarities in wages. The wage factors of the … father and mother influence the wages of both sons and daughters. A `sibling' wage factor also plays an important role in …

Most models of implicit lifetime contracts imply that at any particular point in time, workers' wages and value of … marginal product (VMP) will diverge. As a result, the contract will have to specify hours as well as wages, since firms will …

puzzle of increasing real wages during a period of high unemployment …