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they face and their family structure. We study wage risk in the UK and show that the persistence and riskiness of wages … alternative processes for wages: a canonical one and a flexible one that allows for the much richer dynamics that we document in …
Persistent link: https://www.econbiz.de/10012482512
declining membership numbers, unions are able to raise wages substantially over the equivalent non-union wage. Unions in other …, are also able to raise wages by significant amounts. In countries where union wage settlements frequently spill over into …
Persistent link: https://www.econbiz.de/10012469308
This paper examines whether the sector bias of skill-biased technical change (sbtc) explains changing skill premia within countries in recent decades. First, using a two-factor, two-sector, two-country model we demonstrate that in many cases it is the sector bias of sbtc that determines sbtc's...
Persistent link: https://www.econbiz.de/10012472244
manufacturing jobs have shrunk in number. In this paper, we characterize the wages that have accompanied the growth in retail. We …
Persistent link: https://www.econbiz.de/10012458353
an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and … escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more … on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the …
Persistent link: https://www.econbiz.de/10001433753
are as follows. First, holding constant individual characteristics, average weekly wages are 11 percent lower in nonprofit …
Persistent link: https://www.econbiz.de/10012471213
, despite the global nature of the marketplace, the location of the worker accounts for over a third of the variance in wages …. We also document that remote wages in local currency move almost one-for-one with the dollar exchange rate of the worker …'s country, and are highly sensitive to changes in the wages of foreign competitors. Finally, we provide a new measure on which …
Persistent link: https://www.econbiz.de/10012660114
bargaining power of workers, leading to lower average wages. A key insight is that employers credibly refuse to pay high wages to … individual bargaining power, such as under a collective bargaining agreement or in markets with posted wages, greater … transparency has a muted impact on average wages. We test these predictions by evaluating the roll-out of U.S. state legislation …
Persistent link: https://www.econbiz.de/10012585387
The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable … discontinued growth in female labor supply and wages since the 1990s is a consequence of growing inequality. Our hypothesis is that … their participation and wages. We show that the slowdown in participation and wage growth was concentrated among women …
Persistent link: https://www.econbiz.de/10012814450
The stylized fact that seniority and earnings in a cross-section are positively related, even after controlling for total labor market experience, has served as the basis for theoretical analyses of implicit labor contracts suggesting that workers post bonds in the form of deferred compensation...
Persistent link: https://www.econbiz.de/10012477258