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leisure increased most in France and least in the U.S. Contrary to what standard theory predicts, home hours changed …
Persistent link: https://www.econbiz.de/10013017367
Average wages are considerably lower in agriculture than in the other sectors. We document this fact for thirteen …
Persistent link: https://www.econbiz.de/10012956718
The empirical literature on employer learning assumes that employers learn about unobserved ability differences across workers as they spend time in the labor market. This article describes testable implications that arise from this basic hypothesis and how they have been used to quantify the...
Persistent link: https://www.econbiz.de/10013474635
years while changes in market time and leisure offset each other. We then focus on the US and France during 1970-2005 which …
Persistent link: https://www.econbiz.de/10011490472
Persistent link: https://www.econbiz.de/10000147081
main findings are that: (1) Leisure and household income are the most important variables in the utility function of the … male. (2) Leisure, total household production and total household production interacted with family size are important …
Persistent link: https://www.econbiz.de/10012774044
This paper investigates parental time investment in children prior to formal schooling as a source of intergenerational income persistence in the U.S. I develop a dynamic general equilibrium model where lifetime income endogenously persists across generations through multiple channels. My model...
Persistent link: https://www.econbiz.de/10011492161
links on wages between workers from Western, Central–Eastern, and Southern Europe employed in manufacturing and non … pressure on wages in Europe. This effect mainly concerns workers from Western Europe employed in manufacturing and is driven by …, but the pressure of GVC imports on wages in Western Europe is not economically negligible, in particular when inputs are …
Persistent link: https://www.econbiz.de/10011920899
The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...
Persistent link: https://www.econbiz.de/10012955279
Previous empirical studies on the effect of age on productivity and wages find contradicting results. Some studies find … that if workers grow older there is an increasing gap between productivity and wages, i.e. wages increase with age while …
Persistent link: https://www.econbiz.de/10013316239