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Global Trends in Income Inequality and Income Dynamics : New Insights from GRID
Guvenen, Fatih; Pistaferri, Luigi; Violante, Giovanni L. - National Bureau of Economic Research - 2022
The Global Repository of Income Dynamics (GRID) is a new open-access, cross- country database that contains a wide range of micro statistics on income inequality, dynamics, and mobility. It has four key characteristics: it is built on micro panel data drawn from administrative records; it fully...
Persistent link: https://www.econbiz.de/10013388880
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Fund Flows and Income Risk of Fund Managers
Cen, Xiao; Dou, Winston Wei; Kogan, Leonid; Wu, Wei - National Bureau of Economic Research - 2023
Investment fund managers make asset allocation decisions on behalf of a significant segment of US households. To elucidate the incentives they operate under, as well as the income and career risks they face, we construct a unique and novel dataset, which encompasses detailed information on the...
Persistent link: https://www.econbiz.de/10014447307
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Task Mismatch and Salary Penalties : Evidence from the Biomedical PhD Labor Market
Diethorn, Holden A.; Marschke, Gerald - National Bureau of Economic Research - 2023
We use the labor market for doctorates in the biomedical sciences, where career dislocation is common, as a case study of skill-task mismatch and its consequences. Using longitudinal, worker-level data on biomedical doctorates, we investigate mismatch as an explanation for the negative pecuniary...
Persistent link: https://www.econbiz.de/10014226116
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The Quality of Lower-Track Education : Evidence from Britain
Clark, Damon - National Bureau of Economic Research - 2022
For much of the 20th century, British students were tracked into higher-track (for the "top" 20%) or lower-track (for the rest) secondary schools. Opponents of tracking contend that the lower-track schools in these systems will inevitably provide low-quality education. In this paper I examine...
Persistent link: https://www.econbiz.de/10013334393
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The Geography of Job Creation and Job Destruction
Kuhn, Moritz; Manovskii, Iourii; Qiu, Xincheng - National Bureau of Economic Research - 2021
, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job …
Persistent link: https://www.econbiz.de/10012660077
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Job Transitions and Employee Earnings After Acquisitions : Linking Corporate and Worker Outcomes
Arnold, David; Milligan, Kevin; Moon, Terry; Tavakoli, … - National Bureau of Economic Research - 2023
This paper connects changes in employer characteristics through job transitions to employee earnings following mergers and acquisitions (M&As). Using firm balance sheet data linked to individual earnings data in Canada and a matched difference-in-differences design, we find that after M&As...
Persistent link: https://www.econbiz.de/10014436997
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The Labor Market Effects of Legal Restrictions on Worker Mobility
Johnson, Matthew S.; Lavetti, Kurt; Lipsitz, Michael - National Bureau of Economic Research - 2023
enforceability primarily affects wages through its effect on workers' outside options; moreover, workers facing high enforceability …
Persistent link: https://www.econbiz.de/10014447250
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Specific Capital, Mobility, and Wages : Wages Rise with Job Seniority
Topel, Robert H. - 1990
The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of … tenures typically earn higher wages tends to support these views, yet this evidence ignores the decisions that have brought … individuals to the combination of wages, job tenure, and experience that are observed in survey data. Allowing for sources of bias …
Persistent link: https://www.econbiz.de/10012475741
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Pay, Performance, and Turnover of Bank CEOs
Barro, Jason R. - 1990
We studied the relation of CEO pay and turnover to performance and characteristics of companies in a new data set that covers large commercial banks over the period 1982-87. For newly hired CEOs, the elasticity of pay with respect to assets is about one-third. As experience increases, the...
Persistent link: https://www.econbiz.de/10012475775
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Job Training, Wage Growth, and Labor Turnover
Mincer, Jacob - 1988
training on turnover and positive effects on wage growth in the firm and over longer periods (1968 to 1983). Wages of trainees …' wages grow less in the long run than those of less frequent movers (stayers), despite wage gains in moving. Mobility wage …
Persistent link: https://www.econbiz.de/10012476374