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I analyze changes in teacher turnover, hiring, effectiveness, and salaries at traditional public schools after the opening of a nearby charter school. While I find small effects on turnover overall, difficult to staff schools (low-income, high-minority share) hired fewer new teachers and...
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Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed … on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the …
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importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms … engage in individual wage bargaining. Labor market factors predict firms' strategies better than firm characteristics. Survey … substantial heterogeneity in workers' bargaining behavior, which translates into within-firm wage inequality. Firms that set pay …
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 … productivity differences and compensating differentials explain little of the residual gap. The wage distribution in family firms …
Persistent link: https://www.econbiz.de/10015171622
"The returns to schooling or the skill premium is a key parameter in various literatures, including globalization and inequality and international migration. This paper explores the skill premium and its link to exports in Latin America, thus linking the skill premium to the emerging literature...
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 … other groups. We also find that the relative wage losses of blacks following layoffs increased after the Civil Rights Act of …
Persistent link: https://www.econbiz.de/10012467198
This paper provides evidence for the existence of a wage curve -- a micro-econometric association between the level of … countries, the wage curve in the United States has a long-run elasticity of approximately -0.1. In line with the paper … unemployment. We conclude that it is reasonable to view the wage curve as an empirical law of economics …
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