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We examine union-non-union differentials in wages and hours in the United States over the last 50 years using data from the Current Population Survey (CPS). The regression-adjusted difference between union members' and non-members' hourly earnings has been falling since the Great Recession. The...
Persistent link: https://www.econbiz.de/10014544749
In this article, we document and discuss salient features of collective bargaining systems in the OECD countries, with … bargaining. We hope that such an interest may help close the gap between how economists tend to model wage setting and how wages … that firms or employer associations bargain with unions over wages, producing collective bargaining systems. We show that …
Persistent link: https://www.econbiz.de/10013388793
The pandemic triggered a large, lasting shift to work from home (WFH). To study this shift, we survey full-time workers who finished primary school in 27 countries as of mid 2021 and early 2022. Our cross-country comparisons control for age, gender, education, and industry and treat the U.S....
Persistent link: https://www.econbiz.de/10013388802
The close connection between US and China in scientific research and education in the 2000s produced a large group of China-born researchers who work in the US ("diaspora") and a larger group of China-born researchers who gained US-research experience and returned to do their research in China...
Persistent link: https://www.econbiz.de/10014322694
We show that time variation in risk premia leads to time-varying idiosyncratic income risk for workers. Using US administrative data on worker earnings, we show that increases in risk premia lead to lower earnings for low-wage workers; these declines are primarily driven by job separations. By...
Persistent link: https://www.econbiz.de/10014447289
Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They infer from this that there is potential for wage-push inflation. However, real wages are falling rapidly at present and, prior to that, real wages had been stagnant for some...
Persistent link: https://www.econbiz.de/10013361977
Using rich administrative tax data, we explore the effects of the introduction of online ridesharing platforms on entry, employment and earnings in the Taxi and Limousine Services industry. Ridesharing dramatically increased the pace of entry of workers into the industry. New entrants were more...
Persistent link: https://www.econbiz.de/10015056092
Women's contribution to the economy has been markedly underestimated in predominantly agricultural societies, due to their widespread involvement in unpaid agricultural work. Combining data from the US Census and several early sources, we create a consistent measure of male and female employment...
Persistent link: https://www.econbiz.de/10014544753
Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the...
Persistent link: https://www.econbiz.de/10012471274
banned (1973-1984), then legalized with tripartite bargaining (1984-1991) followed by industry-wide or firm …-specific bargaining (1992-1997). The relationship between wages and employment shifted significantly across these periods as evidenced by …-output elasticity fell sharply after 1984. - Unions significantly raised wages in 1985-1992, but afterwards the change in bargaining …
Persistent link: https://www.econbiz.de/10012471275