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It's where you work : increases in earnings dispersion across establishments and individuals in the US
Barth, Erling; Bryson, Alex; Davis, James C.; Freeman, … - 2014
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
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Does everyone use probabilities? : intuitive and rational decisions about stockholding
Binswanger, Johannes; Salm, Martin - 2013
We investigate the relationship between subjective probabilities of future stock market returns and decisions about stockholding. Specifically, we examine whether acting upon subjective probabilities is confined to individuals with high cognitive skills. We explore this question using data from...
Persistent link: https://www.econbiz.de/10009721396
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Worker self-selection and the profits from cooperation
Kosfeld, Michael (contributor);  … - 2008
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
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Rent-sharing and the cyclicality of wage differentials
Du Caju, Philip (contributor); Rycx, François (contributor) - 2008
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
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Middlemen, non-profits, and poverty
Chau, Nancy H.; Goto, Hideaki; Kanbur, Ravi - 2009
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
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Winning big but feeling no better? : the effect of lottery prizes on physical and mental health
Apouey, Bénédicte; Clark, Andrew E. - 2010
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
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Decomposing excess returns in stochastic linear models
Lin, Carl - 2011
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
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Chutes and ladders : dual tracks and the motherhood dip
Fernández-Kranz, Daniel; Lacuesta, Aitor; … - 2010
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 …" experience important earnings increases (of up to 6 log points) several years prior to giving birth to their first child. However …
Persistent link: https://www.econbiz.de/10009315297
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Labor markets, inequality and poverty in Georgia
Yemtsov, Ruslan - 2001
impact of market forces favoring human capital accumulation on the formation of earnings. Today, a large and growing fraction … for earnings mobility and growth; for the majority, however, selfemployment remains constrained to low …-productivity agricultural or trading activities, with little earnings stability and little potential for long term earnings growth. Prospects …
Persistent link: https://www.econbiz.de/10011391608
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The wage returns to education over the life-cycle : heterogeneity and the role of experience
Buscha, Franz; Dickson, Matt - 2015
This paper re-examines the wage returns to the 1972 Raising of the School Leaving Age (RoSLA) in England and Wales using a high-quality administrative panel dataset covering the relevant cohorts for almost 40 years of their labour market careers. With best practice regression discontinuity...
Persistent link: https://www.econbiz.de/10011428026