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Multiple equilibria and minimum wages in labor markets with informational frictions and heterogeneous production technologies
Berg, Gerard J. van den (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001766994
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Perfect Bayesian implementation
Brusco, Sandro - In: Economic theory : official journal of the Society for … 5 (1995), pp. 419-444
Persistent link: https://www.econbiz.de/10001180191
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Double implementation in Nash and undominated Nash equilibria in social choice environments
Tatamitani, Yoshikatsu - In: Economic theory : official journal of the Society for … 3 (1993) 1, pp. 109-117
Persistent link: https://www.econbiz.de/10001136000
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Labor supply dynamics, unemployment and human capital investments
Wasmer, Etienne - 2002
market with wage rigidities may not recover from such a temporary labor supply shock: with a younger and less experienced … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience … becomes higher but there is no persistence of the supply shock. Higher education prevents this intertemporal multiplication of …
Persistent link: https://www.econbiz.de/10011410676
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Wage risk, employment risk and the rise in wage inequality
Mecikovsky, Ariel Matias; Wellschmied, Felix - 2016
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10011595910
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Firm heterogeneity in capital, labor ratios and wage inequality
Leonardi, Marco (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001808404
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Solow and heterogeneous labor : a neoclassical explanation of wage inequality
Meckl, Jürgen; Zink, Stefan - 2002
The paper analyzes the effect of human-capital investments of heterogeneous individuals on the dynamics of the wage structure within a neoclassical growth model. The accumulation of physical capital changes relative factor prices and thus incentives to acquire skills, thereby altering the...
Persistent link: https://www.econbiz.de/10011415366
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The impact of Chinese import penetration on Danish firms and workers
Ashournia, Damoun; Munch, Jakob Roland; Nguyen, Daniel X. - 2014
-level demand shock, which is biased towards low-skill intensive products. Consistent with this, an increase in Chinese import …
Persistent link: https://www.econbiz.de/10010354598
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Estimating who benefits from productivity growth : direct and indirect efects of city manufacturing TFP growth on wages, rents, and inequality
Hornbeck, Richard; Moretti, Enrico - 2019
We estimate direct and indirect effects of total factor productivity growth in manufacturing on US workers' earnings, housing costs, and purchasing power. Drawing on four alternative instrumental variables, we consistently find that when a city experiences productivity gains in manufacturing,...
Persistent link: https://www.econbiz.de/10011998593
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Accumulation of human and market capital in the United States, 1975-2012 : an analysis by gender
Fraumeni, Barbara M.; Christian, Michael S. - 2019
This paper covers a continuous and longer time period than previously possible to examine human and market capital because of research by Christian (2017). This paper focuses on the presentation and analysis of trends in human capital by gender. During 1975-2012 there were significant changes in...
Persistent link: https://www.econbiz.de/10012019259