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Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic conditions? And why do such conditions sometimes generate conservative ideological backlashes and, at other times, progressive social and political movements? We propose an...
Persistent link: https://www.econbiz.de/10011949432
Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do such conditions sometimes generate ideological backlashes and at other times lead to transformative sociopolitical movements? We propose an explanation that highlights the...
Persistent link: https://www.econbiz.de/10011641551
earnings among individuals into the part due to changes in earnings among establishments and the part due to changes in … earnings within-establishments and finds that much of the 1970s-2010s increase in earnings inequality results from increased … dispersion of the earnings among the establishments where individuals work. It also shows that the divergence of establishment …
Persistent link: https://www.econbiz.de/10010403444
We investigate a competitive labor market with team production. Workers differ in their motivation to exert team effort and types are private information. We show that there can exist a separating equilibrium in which workers self-select into different firms and firms employing cooperative...
Persistent link: https://www.econbiz.de/10003784391
This paper investigates inter-industry wage differentials in Belgium, taking advantage of access to a unique matched employer-employee data set covering all the years from 1999 to 2005. Findings show the existence of large wage differentials among workers with the same observed characteristics...
Persistent link: https://www.econbiz.de/10003778859
represent significant increases in worker earnings; the average gift paid to workers attains 22% of average expected earnings in …
Persistent link: https://www.econbiz.de/10003879373
In many markets in developing countries, especially in remote areas, middlemen are thought to earn excessive profits. Non-profits come in to counter what is seen as middlemen's market power, and rich country consumers pay a "fair-trade" premium for products marketed by such non-profits. This...
Persistent link: https://www.econbiz.de/10003897511
We use British panel data to determine the exogenous impact of income on a number of individual health outcomes: general health status, mental health, physical health problems, and health behaviors (drinking and smoking). Lottery winnings allow us to make causal statements regarding the effect...
Persistent link: https://www.econbiz.de/10003937887
We present a theorem helpful in estimating the mean and variance of a linear function with arbitrary multivariate randomness in its coefficients and variables. We derive a generalized decomposition result from two random linear functions in which the result can be applied to most models using...
Persistent link: https://www.econbiz.de/10009524390
earnings losses occur because mothers change employers to work part-time, or (if they stay with their former employer) they … earnings differential of 2.3 log points remains even after controlling for both individual- and firm-level unobserved … heterogeneity. The analysis of the mothers and childless women's earnings trajectories over time reveals that "mothers to be …
Persistent link: https://www.econbiz.de/10009315297