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Reconciling trends in U.S. male earnings volatility : results from survey and administrative data
Moffitt, Robert A.; Bollinger, Christopher R.; Hokayem, … - 2022
There is a large literature on earnings and income volatility in labor economics, household finance, and macroeconomics …. One strand of that literature has studied whether individual earnings volatility has risen or fallen in the U.S. over the … data. Using common specifications, measures of volatility, and other treatments of the data, four of the six data series …
Persistent link: https://www.econbiz.de/10012887281
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Employment cyclicality and firm quality
Kahn, Lisa B.; McEntarfer, Erika - 2014
Who fares worse in an economic downturn, low- or high-paying firms? Different answers to this question imply very different consequences for the costs of recessions. Using U.S. employer-employee data, we find that employment growth at low-paying firms is less cyclically sensitive. High-paying...
Persistent link: https://www.econbiz.de/10010436157
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The shift to remote work lessens wage-growth pressures
Barrero, Jose Maria; Bloom, Nicholas; Davis, Steven J.; … - 2022
The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity-value gains with employers, wage-growth pressures moderate. We find empirical support for this mechanism in the wage-setting behavior of U.S. employers, and we develop novel...
Persistent link: https://www.econbiz.de/10013270360
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Homo reciprocans : survey evidence on prevalence, behavior and success
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2006
Experimental evidence has convincingly shown the existence of reciprocal inclinations, i.e., a tendency for people to respond in-kind to hostile or kind actions. Little is known, however, about: (i) the prevalence of reciprocity in the population, (ii) individual determinants of reciprocity,...
Persistent link: https://www.econbiz.de/10003348535
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Wages and seniority when coworkers matter : estimating a joint production economy using Norwegian administrative data
Ferrall, Christopher; Salvanes, Kjell G.; Sørensen, … - 2009
We develop an equilibrium model of wages and estimate it using administrative data from Norway. Coworkers interact through a task-assignment model, and wages are determined through multilateral bargaining over the surplus that accrues to the workforce. Seniority affects wages through workplace...
Persistent link: https://www.econbiz.de/10003831775
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Interacting product and labor market regulation and the impact of immigration on native wages
Prantl, Susanne; Spitz-Oener, Alexandra - 2014
Does interacting product and labor market regulation alter the impact of immigration on wages of competing native workers? Focusing on the large, sudden and unanticipated wave of migration from East to West Germany after German reunification and allowing for endogenous immigration, we compare...
Persistent link: https://www.econbiz.de/10010230515
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Disability and job mismatches in the Australian labour market
Jones, Melanie; Mavromaras, Kostas G.; Sloane, Peter J.; … - 2011
We examine the relationship between disability, job mismatch, earnings and job satisfaction, using panel estimation on data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey (2001-2008). While we do not find any relationship between work-limiting disability and...
Persistent link: https://www.econbiz.de/10009521176
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Social ties and the job search of recent immigrants
Goel, Deepti; Lang, Kevin - 2016
In this paper we highlight a specific mechanism through which social networks help in job search. We characterize the strength of a network by its likelihood of providing a job offer. Using a theoretical model we show that the wage differential in jobs found using networks versus those found...
Persistent link: https://www.econbiz.de/10011476500
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The gender wage gap in four countries
Daly, Anne E.; Kawaguchi, Akira; Meng, Xin; Mumford, Karen - 2006
In a series of studies written during the 1980s Bob Gregory and his co-authors compared the gender wage gap in Australia with that found in other countries. They found it was not the difference in human capital endowments that explained different gender wage gaps but rather the rewards for these...
Persistent link: https://www.econbiz.de/10003253459
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Worker beliefs about outside options
Jäger, Simon; Roth, Christopher; Roussille, Nina; … - 2021
Workers wrongly anchor their beliefs about outside options on their current wage. In particular, low-paid workers underestimate wages elsewhere. We document this anchoring bias by eliciting workers' beliefs in a representative survey in Germany and comparing them to measures of actual outside...
Persistent link: https://www.econbiz.de/10012801411