Showing 1 - 10 of 26
variance. The decomposition permits counterfactual analysis, using concepts and techniques from the theory of factorial …
Persistent link: https://www.econbiz.de/10003859360
This paper considers the role of gender in the promotion process and the impact of promotion on wages and wage growth, using data from the National Longitudinal Survey of Youth (NLSY79). Its focus is upon mid-career promotion and wages, thereby complementing extant studies of the NLSY that...
Persistent link: https://www.econbiz.de/10009629126
Atypical work, or alternative work arrangements in U.S. parlance, has long been criticized for providing poorly-compensated employment. Although one group of atypical workers (contractors) seems to enjoy a wage premium, our cross-section results from the CPS and NLSY for the better-known...
Persistent link: https://www.econbiz.de/10002591952
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10003901742
Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...
Persistent link: https://www.econbiz.de/10003902085
; delegation problem ; moral hazard ; search theory …
Persistent link: https://www.econbiz.de/10009006957
This paper provides some elements to explain the observed takeover in some urban areas of a new kind of elite associated with new economy jobs, also known as "bourgeois bohème" (bobos). This takeover has been associated with greater investment in urban amenities and "clean" means of transport,...
Persistent link: https://www.econbiz.de/10011348302
We study active labor market policies (ALMP) in a matching model. ALMPs are modelled as a subsidy to job search. Workers differ in their productivity, and search takes place along an extensive margin. An additional job seeker affects the quality of unemployed workers. As a result, the Hosios...
Persistent link: https://www.econbiz.de/10010418002
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10009683154
brackets. I show that there is history dependence, in that several local optima may be reached, and which one is reached … depends on initial conditions. History dependence is stronger (i.e. there are more local optima), the more complex the design …
Persistent link: https://www.econbiz.de/10011411222