Showing 1 - 10 of 918
We analyze the effect of exposure to international trade on earnings and employment of U.S. workers from 1992 through … paired with longitudinal data on individual earnings by employer spanning close to two decades. Individuals who in 1991 … worked in manufacturing industries that experienced high subsequent import growth garner lower cumulative earnings, face …
Persistent link: https://www.econbiz.de/10010412742
on ex post outcomes impose a rational structure of expectations on school performance and post-graduation earnings … countries and check for relations of expected probability to graduate and of expected earnings with personal abilities and …
Persistent link: https://www.econbiz.de/10011544177
How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
Persistent link: https://www.econbiz.de/10011416403
This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
Persistent link: https://www.econbiz.de/10009581985
This paper studies the cyclical behaviour of earnings risk and career changes. We document that the procyclical … skewness of the earnings growth distribution arises mostly from the earnings changes of employer and occupation switchers. To … uncover their relative importance in driving cyclical earnings changes and whether this arises from changes in the returns to …
Persistent link: https://www.econbiz.de/10013390926
We develop novel measures of early-career skills that are more detailed, comprehensive, and labor-market-relevant than existing skill proxies. We exploit that skill requirements of apprenticeships in Germany are codified in state-approved, nationally standardized apprenticeship plans. These...
Persistent link: https://www.econbiz.de/10013550210
This paper reviews the history of executive compensation disclosure and other government policies affecting CEO pay, and as well surveys the literature on the effects of these policies. Disclosure has increased nearly uniformly since 1933. A number of other regulations, including special taxes...
Persistent link: https://www.econbiz.de/10003749481
China's emergence as a great economic power has induced an epochal shift in patterns of world trade. Simultaneously, it has toppled much of the received empirical wisdom about how labor markets adjust to trade shocks. Alongside its heralded consumer benefits, trade has both significant...
Persistent link: https://www.econbiz.de/10011444857
market earnings and to own separate property. The former were called married women's earnings acts (MWEAs) and the latter …
Persistent link: https://www.econbiz.de/10011653755
In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...
Persistent link: https://www.econbiz.de/10003790763