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We merge experimental data on competitiveness of a large sample of students with their complete educational history for up to ten years after the initial assessment. Exploiting quasi-random class assignments, we find that having competitive peers as classmates makes students choose and secure...
Persistent link: https://www.econbiz.de/10015065329
We extract estimation results on the Mincer earnings function from four earlier studies and add new results from a recent dataset. We analyse differences related to differences in earnings concepts, in sampling frame and differences among studies that cannot be explained. Jointly, the studies...
Persistent link: https://www.econbiz.de/10011416388
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
care about their relative wages, and show that the presence of a relative wage concern could help generation a positive …
Persistent link: https://www.econbiz.de/10011409953
-shaped pattern in worker-level wages surrounding the time their employer is acquired by a foreign firm, with a dip in earnings … explain why prior evidence found no impact of foreign ownership on worker-level wages. Accounting for the pre …
Persistent link: https://www.econbiz.de/10010496986
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/10012263817
A country with Cournot competition and free entry experiences an increase of its market size either due to economic growth or international integration of goods markets. The implied increase in competition leads to shrinking mark-ups and forces firms to reduce overhead costs relative to output....
Persistent link: https://www.econbiz.de/10011450362
show that import competition is a major cause of job polarization. Import competition with China accounts for about 17% of …
Persistent link: https://www.econbiz.de/10011499755
. The empirical strategy relies on variation in import competition across local labor markets based on their industrial … composition before China entered the global market in 2001. In contrast to much of the existing literature, we find that import …
Persistent link: https://www.econbiz.de/10013166344
2007 by exploiting industry shocks to import competition stemming from China’s spectacular rise as a manufacturing exporter … worked in manufacturing industries that experienced high subsequent import growth garner lower cumulative earnings, face … manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, and low attachment to the …
Persistent link: https://www.econbiz.de/10010412742