Showing 1 - 10 of 8,657
Wages have been spreading out across workers over time - or in other words, the 90th/50th wage ratio has risen over … 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 …
Persistent link: https://www.econbiz.de/10013477226
monopoly positions when determining wages. Although workers are not at each instant perfectly mobile across cities, in the … explore the joint determination of wages, unemployment, house prices and city size (or migration). A key role of the model is …
Persistent link: https://www.econbiz.de/10012459543
How integrated are labor markets within a country? Labor mobility is key to the integration of local labor markets and therefore to understanding the efficacy of policies to reduce regional inequality. We present a comprehensive framework for understanding migration decisions, focusing on the...
Persistent link: https://www.econbiz.de/10012456517
; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on …
Persistent link: https://www.econbiz.de/10012479565
There is a strong connection between per worker productivity and metropolitan area population, which is commonly interpreted as evidence for the existence of agglomeration economies. This correlation is particularly strong in cities with higher levels of skill and virtually non-existent in less...
Persistent link: https://www.econbiz.de/10012463547
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing … economic activity, along with the wages, employment, and industry mix of communities. These programs are widespread in the U …
Persistent link: https://www.econbiz.de/10012459003
We develop a versatile general equilibrium framework to determine the spatial distribution of economic activity on any surface with (nearly) any geography. Combining the gravity structure of trade with labor mobility, we provide conditions for the existence, uniqueness, and stability of a...
Persistent link: https://www.econbiz.de/10012459481
first estimates of worker-firm match quality using output data as opposed to inferring productivity from wages or employment … durations. Because teacher wages are essentially unrelated to productivity, this is compelling evidence that workers may seek …
Persistent link: https://www.econbiz.de/10012462663
Abstract How do shocks to economic fundamentals in the world economy affect local labor markets? In a framework with a flexible structure of spatial linkages, we characterize the model-consistent shock exposure of a local market as the exogenous shift in its production revenues and consumption...
Persistent link: https://www.econbiz.de/10012479498
What are the welfare implications of trade shocks? We provide a sufficient statistic that measures changes in welfare, to a first-order approximation, taking into account adjustment in labor supply, in frictional unemployment, and in the sectors to which workers apply while allowing for...
Persistent link: https://www.econbiz.de/10012481716