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This paper proposes a non-pecuniary measure of career achievement, Seniority. Based on a database of over 5 million resumes, this metric exploits the variation in job titles and how long they take to attain. When non-monetary factors influence career choice, inference benefits from the use of...
Persistent link: https://www.econbiz.de/10013334397
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other industrialized countries continued to rise. I discuss the role...
Persistent link: https://www.econbiz.de/10014437047
-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages …
Persistent link: https://www.econbiz.de/10013210105
Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
Persistent link: https://www.econbiz.de/10014576613
A fundamental question for education policy is whether outcomes-based accountability including comprehensive educator evaluations and a closer relationship between effectiveness and compensation improves the quality of instruction and raises achievement. We use synthetic control methods to study...
Persistent link: https://www.econbiz.de/10014247993
We examine whether corporate money in politics benefits or hurts labor using the 2010 Supreme Court ruling Citizens United, which rendered bans on political election spending unconstitutional. In difference-in-difference analyses, affected states experience increases in both capital and labor...
Persistent link: https://www.econbiz.de/10014322868
a point wage. The majority (8%) feature a range of wages that are on average wide, spanning 28% of the midpoint (e …, posted wages are 40% higher than wages in BLS data in low-wage occupations and 20% lower than BLS data in high …-wage occupations. Fourth, among the wages that are posted, high wage firms are more opaque, with more and wider ranges. Fifth, there is …
Persistent link: https://www.econbiz.de/10014447305
calculations of productivity by skill level for the U.S., we show that the distributions of both wages and productivity have spread … exists, such that gains in aggregate productivity, or GDP per person, have resulted in higher wages for workers at the top …Wages have been spreading out across workers over time - or in other words, the 90th/50th wage ratio has risen over …
Persistent link: https://www.econbiz.de/10013477226
We use the labor market for doctorates in the biomedical sciences, where career dislocation is common, as a case study of skill-task mismatch and its consequences. Using longitudinal, worker-level data on biomedical doctorates, we investigate mismatch as an explanation for the negative pecuniary...
Persistent link: https://www.econbiz.de/10014226116
comparisons and caused employers to bargain more aggressively, lowering average wages. Other pay transparency policies, without … motivation and productivity. Cross-firm pay transparency policies reveal wage differences across employers. These policies have …
Persistent link: https://www.econbiz.de/10014247982