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-level production functions and wage equations, and thus to compare relative marginal products and relative wages for various groups of … workers. The data and empirical framework lead to new evidence on numerous questions regarding the determination of wages …, questions that hinge on the relationship between wages and marginal products of workers in different demographic groups. These …
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inventors crowd out native inventors, or an underestimate if immigrants have positive spill-overs on inventors. Using a 1950 …-2000 state panel, we show that natives are not crowded out by immigrants, and that immigrants do have positive spill-overs …
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farther up the technology ladder, employment falls, output declines, and prices and wages rise. For low elasticities …
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lower wages in the beginning of their career. Later they earn a return on these implicit investments through higher wages …
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Does attracting or losing jobs in high paying sectors have important spill-over effects on wages in other sectors? The … relationship between changes in industry-specific city-level wages and changes in industrial composition. Our finding is that the … very substantial and persistent. Our point estimates indicate that the total effect on average wages of a change in …
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