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Theory predicts that minimum wages will reduce employer-provided on-the-job training designed to improve workers … effects of minimum wages on the amount of both types of training received by young workers by exploiting cross-state variation … in minimum wage increases. The evidence provides considerable support for the hypothesis that higher minimum wages reduce …
Persistent link: https://www.econbiz.de/10005828523
This paper discusses recent advances in our understanding of differences in human abilities and skills, their sources, and their evolution over the lifecycle.
Persistent link: https://www.econbiz.de/10005828876
compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage … wages and union wage setting, are crucial in shaping the wage structure thus have an important impact on training. Our …
Persistent link: https://www.econbiz.de/10005829349
This paper examines the consequences of initial periods of churning,' floundering about,' or mobility' in the labor market to help assess whether faster transitions to stable employment relationships--such as those envisioned by advocates of school-to-work programs--would be likely to lead to...
Persistent link: https://www.econbiz.de/10005829383
important determinants of labor-market outcomes, including occupations and wages. We show that technological and organizational … wages increased more rapidly while the wages of blacks grew more slowly over these years relative to earlier years. …
Persistent link: https://www.econbiz.de/10005829880
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers … perfectly competitive labor markets underlying this theory is relaxed, minimum wages can increase training of affected workers … evidence that minimum wages reduce training. These results are consistent with our model, but difficult to reconcile with the …
Persistent link: https://www.econbiz.de/10005829980
The U.S. wage structure evolved across the last century: narrowing from 1910 to 1950, fairly stable in the 1950s and 1960s, widening rapidly during the 1980s, and "polarizing" since the late 1980s. We document the spectacular rise of U.S. wage inequality after 1980 and place recent changes into...
Persistent link: https://www.econbiz.de/10005830791
We conduct a real-effort experiment where participants choose between individual compensation and team-based pay. In contrast to tournaments, which are often avoided by women, we find that women choose team-based pay at least as frequently as men in all our treatments and conditions, and...
Persistent link: https://www.econbiz.de/10011212812
We estimate a dynamic model of employment, human capital accumulation - including education, and savings for women in the UK, exploiting policy changes. We analyze both the incentive effects and the welfare implications of tax credits and income support programs and we account for their...
Persistent link: https://www.econbiz.de/10011254925
We identify a key role of factor supply, driven by demographic changes, in shaping several empirical regularities that are a focus of active research in macro and labor economics. In particular, demographic changes alone can account for the large movements of the return to experience over the...
Persistent link: https://www.econbiz.de/10011196338