Showing 1 - 10 of 1,458
employment rates, a poorer performance in terms of wage growth for less skilled workers, a larger increase in the service sector … broad wage and employment changes for 18 OECD countries over the same period …
Persistent link: https://www.econbiz.de/10012470577
This paper investigates whether individuals feel worse off when others around them earn more. In other words, do people care about relative position and does lagging behind the Joneses' diminish well-being? To answer this question, I match individual-level panel data containing a number of...
Persistent link: https://www.econbiz.de/10012468023
This paper considers the factors responsible for differences with age in estimates of the wage compensation an individual requires to accept increased occupational fatality risk. We derive a relationship between the value of a statistical life (VSL) and the degree of complementarity between...
Persistent link: https://www.econbiz.de/10012464924
This paper assesses how retirement - defined as permanent labor force non-participation in a man's mature years - affects psychological welfare. The raw correlation between retirement and well-being is negative. But this does not imply causation. In particular, people with idiosyncratically low...
Persistent link: https://www.econbiz.de/10012469680
Persistent link: https://www.econbiz.de/10013480749
linking the skill premium to the emerging literature on the structure of trade and development. Using data on employment and …
Persistent link: https://www.econbiz.de/10011394540
We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the analysis of micro data from several developing countries that underwent significant trade reforms in recent years. Despite many measurement and identification difficulties, and...
Persistent link: https://www.econbiz.de/10012468100
We investigate the effects of the drastic tariff reductions of the 1980s and 1990s in Colombia on the wage distribution. We identify three main channels through which the wage distribution was affected: increasing returns to college education, changes in industry wages that hurt sectors with...
Persistent link: https://www.econbiz.de/10012468868
We consider a general framework to study the evolution of wage and earnings residuals that incorporates features highlighted by two influential but distinct literatures in economics: (i) unobserved skills with changing non-linear pricing functions and (ii) idiosyncratic shocks with both...
Persistent link: https://www.econbiz.de/10012458596
employment less for sectors that ultimately pay employer penalties …
Persistent link: https://www.econbiz.de/10012458892