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We use novel surveys of firms and workers, linked to administrative employer-employee data, to study the prevalence and importance of individual bargaining in wage determination. We show that simple survey questions accurately elicit firms' bargaining strategies. Using the elicited strategies...
Persistent link: https://www.econbiz.de/10015195042
wages and offer slower and less rewarding careers. Differences in worker sorting account for half of the wage gap while …
Persistent link: https://www.econbiz.de/10015171622
Whether and how workers search on the job depends on their beliefs about pay and working conditions in other firms. Yet little is known about workers' knowledge of outside pay. We use a large-scale survey of full-time German workers, linked to their Social Security records, to elicit pay...
Persistent link: https://www.econbiz.de/10015326439
This chapter reviews the analysis of non-wage amenities in the workplace. The competitive model is the point of departure, but the emphasis is on models of imperfect competition that have greater empirical relevance. In addition to the traditional hedonic model for estimating preferences over...
Persistent link: https://www.econbiz.de/10015398096
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other industrialized countries continued to rise. I discuss the role...
Persistent link: https://www.econbiz.de/10014437047
This paper proposes a non-pecuniary measure of career achievement, Seniority. Based on a database of over 5 million resumes, this metric exploits the variation in job titles and how long they take to attain. When non-monetary factors influence career choice, inference benefits from the use of...
Persistent link: https://www.econbiz.de/10013334397
a point wage. The majority (8%) feature a range of wages that are on average wide, spanning 28% of the midpoint (e …, posted wages are 40% higher than wages in BLS data in low-wage occupations and 20% lower than BLS data in high …-wage occupations. Fourth, among the wages that are posted, high wage firms are more opaque, with more and wider ranges. Fifth, there is …
Persistent link: https://www.econbiz.de/10014447305
We examine whether corporate money in politics benefits or hurts labor using the 2010 Supreme Court ruling Citizens United, which rendered bans on political election spending unconstitutional. In difference-in-difference analyses, affected states experience increases in both capital and labor...
Persistent link: https://www.econbiz.de/10014322868
A fundamental question for education policy is whether outcomes-based accountability including comprehensive educator evaluations and a closer relationship between effectiveness and compensation improves the quality of instruction and raises achievement. We use synthetic control methods to study...
Persistent link: https://www.econbiz.de/10014247993
Two extraordinary U.S. labor market developments facilitated the sharp disinflation in 2022-23 without raising the unemployment rate. First, pandemic-driven infection worries and social distancing intentions caused a sizable drag on labor force participation that began to reverse in the first...
Persistent link: https://www.econbiz.de/10014576613