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Wages and Informality in Developing Countries

Meghir, Costas; Narita, Renata; Robin, Jean-Marc - In: American Economic Review 105 (2015) 4, pp. 1509-46

We develop an equilibrium wage-posting model with heterogeneous firms that decide to locate in the formal or the informal sector and workers who search randomly on and off the job. We estimate the model on Brazilian labor force survey data. In equilibrium, firms of equal productivity locate in...

Persistent link: https://www.econbiz.de/10011211794

International Financial Crises: Causes, Prevention, and Cures

Summers, Lawrence H. - In: American Economic Review 90 (2000) 2, pp. 1-16

Persistent link: https://www.econbiz.de/10005820210

Labor-Market Integration, Investment in Risky Human Capital, and Fiscal Competition

Wildasin, David E. - In: American Economic Review 90 (2000) 1, pp. 73-95

skilled workers to region-specific earnings risk Interjurisdictional mobility of skilled labor mitigates these risks; state … reduces ex post earnings inequality. If instead human capital investment can only be financed through local taxes, labor …. Decentralized public provision of human capital investment creates earnings inequalities and is inefficient. …

Persistent link: https://www.econbiz.de/10005820690

The Price of Experience

Jeong, Hyeok; Kim, Yong; Manovskii, Iourii - In: American Economic Review 105 (2015) 2, pp. 784-815

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/10011156812

Investment in Schooling and the Marriage Market

Chiappori, Pierre-André; Iyigun, Murat; Weiss, Yoram - In: American Economic Review 99 (2009) 5, pp. 1689-1713

We present a model in which investment in schooling generates two kinds of returns: the labor-market return, resulting from higher wages, and a marriage-market return, defined as the impact of schooling on the marital surplus share one can extract. Men and women may have different incentives to...

Persistent link: https://www.econbiz.de/10008622185

Heterogeneity and Aggregation: Implications for Labor-Market Fluctuations: Reply

Chang, Yongsung; Kim, Sun-Bin - In: American Economic Review 104 (2014) 4, pp. 1461-66

Takahashi (2014) has uncovered coding errors in our paper, Chang and Kim (2007)-henceforth, CK. We acknowledge and are embarrassed by these mistakes. We are grateful to Takahashi for uncovering them. While the correction decreases the volatility of the labor market wedge, we find that the main...

Persistent link: https://www.econbiz.de/10010757371

Why Do Programmers Earn More in Houston Than Hyderabad? Evidence from Randomized Processing of US Visas

Clemens, Michael A. - In: American Economic Review 103 (2013) 3, pp. 198-202

Why do workers earn so much more in the United States than in India? This study compares the earnings of workers in the … than half of the earnings gap. Location itself may have large effects on individual workers' wages and productivity, for …

Persistent link: https://www.econbiz.de/10010659344

Sources of Wage Inequality

Akerman, Anders; Helpman, Elhanan; Itskhoki, Oleg; … - In: American Economic Review 103 (2013) 3, pp. 214-19

Recent theories of firm heterogeneity emphasize between-firm wage differences as a new mechanism through which trade can affect wage inequality. Using linked employer-employee data for Sweden, we show that many of the stylized facts about wage inequality found in Helpman et al. (2012) for Brazil...

Persistent link: https://www.econbiz.de/10010659385

Sexual Violence against Women and Labor Market Outcomes

Sabia, Joseph J.; Dills, Angela K.; DeSimone, Jeffrey - In: American Economic Review 103 (2013) 3, pp. 274-78

This study is the first in the economics literature to explore the labor market consequences of sexual violence toward women. Using data from the Add Health, we find that sexual violence against women is associated with a 6.6 percent lower probability of labor force participation and 5.1 percent...

Persistent link: https://www.econbiz.de/10010659396

Misallocation and Growth

Jovanovic, Boyan - In: American Economic Review 104 (2014) 4, pp. 1149-71

This paper models growth via on-the-job learning when firms and workers are heterogeneous. It is an overlapping generations model in which young agents match with the old. More efficient assignments lead to faster long-run growth, more inequality, and less turnover in the distribution of human...

Persistent link: https://www.econbiz.de/10010815495

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