Showing 1 - 10 of 2,192
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives …
Persistent link: https://www.econbiz.de/10013229696
wage-setting power by the firm. With more productive firms paying higher wages, monopsony power dampens the impact of firm … wages on the right side of the distribution. Nevertheless, inequality in the open economy is always higher than in autarky …
Persistent link: https://www.econbiz.de/10012865167
This paper develops a model that incorporates workers' fair wage preferences into a general equilibrium framework with monopolistic competition between heterogeneous firms à la Melitz (2003). By assuming that the wage considered to be fair by workers depends on the productivity and thus the...
Persistent link: https://www.econbiz.de/10013317452
With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector … have spillover benefits for the unskilled sector while immigration into the production sector will always reduce wage …' skill in R&D activities and intensity of inputs. Inclusive immigration policy requires inter-sectoral diffusion of ideas …
Persistent link: https://www.econbiz.de/10012861379
This paper investigates the relationship between immigration and inequality in the UK over the past forty years. This … the impact immigration had on wage inequality in the UK through two channels: the first is the effect on the earnings … examine the impact of immigration on the fiscal budget, and the potentially unequal impact of the ensuing tax implications on …
Persistent link: https://www.econbiz.de/10014347988
Labor market opportunities and wages may be unfair for various reasons, and how workers respond to different types of … substantially reduce their labor supply compared to the case of equal low wages (-22%). This decrease is twice as large as those … induced by low wages due to fair chances or unfair chances coming from an unspecified source. In addition, exploratory …
Persistent link: https://www.econbiz.de/10012842672
Do labor market concerns affect support for immigration? Using a large, representative sample of the US population, we … first elicit beliefs about the labor market impact of immigration. To generate exogenous variation in beliefs, we then … provide respondents in the treatment group with research evidence showing no adverse labor market impacts of immigration …
Persistent link: https://www.econbiz.de/10012828979
The skill premium has increased significantly in the United States in the last five decades. During the same period, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill premium. Intuitively, a rise in uninsured wage risk...
Persistent link: https://www.econbiz.de/10012824576
differential. We show that immoral work is associated withhigher wages, both using correlational evidence from administrative labor …
Persistent link: https://www.econbiz.de/10012826064