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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
strong evidence of rent-sharing, with a "Lester range" of variation in wages between profitable and unprofitable firms of …
Persistent link: https://www.econbiz.de/10012462464
increase in average wages in exporting firms relative to domestic firms, consistent with earlier studies. However, using … the differential impact of trade openness on the wages of workers at exporting firms relative to otherwise identical …, non-random labor market allocation mechanisms, in determining the effects of trade policy changes on wages …
Persistent link: https://www.econbiz.de/10012461401
are as follows. First, holding constant individual characteristics, average weekly wages are 11 percent lower in nonprofit …
Persistent link: https://www.econbiz.de/10012471213
, despite the global nature of the marketplace, the location of the worker accounts for over a third of the variance in wages …. We also document that remote wages in local currency move almost one-for-one with the dollar exchange rate of the worker …'s country, and are highly sensitive to changes in the wages of foreign competitors. Finally, we provide a new measure on which …
Persistent link: https://www.econbiz.de/10012660114
bargaining power of workers, leading to lower average wages. A key insight is that employers credibly refuse to pay high wages to … individual bargaining power, such as under a collective bargaining agreement or in markets with posted wages, greater … transparency has a muted impact on average wages. We test these predictions by evaluating the roll-out of U.S. state legislation …
Persistent link: https://www.econbiz.de/10012585387
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
The stylized fact that seniority and earnings in a cross-section are positively related, even after controlling for total labor market experience, has served as the basis for theoretical analyses of implicit labor contracts suggesting that workers post bonds in the form of deferred compensation...
Persistent link: https://www.econbiz.de/10012477258
This paper analyzes the degree of short-run, real wage flexibility in a two-sector economy under floating rates. This is done by deriving optimal wage indexation in a contracting framework. We find that the more closed the economy, the lower the degree of wage indexation. As a result, output...
Persistent link: https://www.econbiz.de/10012477994
. The major finding is that unionism substantively reduces within-establishment dispersion of wages, in part through … individual determination. Dispersion of wages between organized plants is reduced compared to dispersion of wages between … dispersion of wages within firms and in the economy as a whole …
Persistent link: https://www.econbiz.de/10012478363