We construct a model in which firms use workers' productivities in determining their job assignments. A worker … individuals would be the least productive workers on every job, even though, for each worker, education and experience increases … the performance of the workers that they had hired. EEOC rules that require hiring criteria to be validated in that …

implements a pair of tests for the exogeneity of wages in a longitudinal labor supply model, and for the particular failure of … hours Granger -- cause wages at the individual level. The second test involves a simultaneous estimation of labor supply and … from the process generating wages, even when long time series are available on a sample of individuals …

relevant to the subject. Chapter 2 presents a model of a firm that invests in the training of its workers, where employee …

We use detailed information about wages, education and occupations to shed light on the evolution of the U.S. financial … also shows that wages in finance were excessively high around 1930 and from the mid 1990s until 2006. For the recent period …