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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
Persistent link: https://www.econbiz.de/10000725058
We use novel surveys of firms and workers, linked to administrative employer-employee data, to study the prevalence and importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms' bargaining strategies. Using the elicited strategies...
Persistent link: https://www.econbiz.de/10015195042
wages and offer slower and less rewarding careers. Differences in worker sorting account for half of the wage gap while …
Persistent link: https://www.econbiz.de/10015171622
wages for over five million workers in sixteen Latin American economies, the authors estimate national and industry … wages and the demand for skills"--National Bureau of Economic Research web site …
Persistent link: https://www.econbiz.de/10011394540
This paper expands on Gibbons and Katz (1991) by looking at how the difference in wage losses across plant closing and layoff varies with race and gender. We find that the differences between white males and the other groups are striking and complex. The lemons effect of layoff holds for white...
Persistent link: https://www.econbiz.de/10012467198
's theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10012467345
Empirical evidence shows that changes in aggregate labor income and stock market returns exhibit only weak correlation at short horizons. As we document below, however, this correlation increases substantially at longer horizons, which provides at least suggestive evidence that stock returns and...
Persistent link: https://www.econbiz.de/10012467438
What determines bargaining power in marriage? This paper argues that wage rates, not earnings, determine well-being at the threat point and, hence, determine bargaining power. Observed earnings at the bargaining equilibrium may differ from earnings at the threat point because hours allocated to...
Persistent link: https://www.econbiz.de/10012467446
The rapid growth in the number of foreign students enrolled in American universities has transformed the higher education system, particularly at the graduate level. Many of these newly minted doctorates remain in the United States after receiving their doctoral degrees, so that the foreign...
Persistent link: https://www.econbiz.de/10012467468