Showing 1 - 10 of 10
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …
Persistent link: https://www.econbiz.de/10012131008
Two radically different descriptions of immigrant earnings trajectories in the U.S. have emerged. One asserts that immigrant men following the 1965 Immigration and Nationality Act have low initial earnings and high earnings growth. Another asserts that post-1965 immigrants have low initial...
Persistent link: https://www.econbiz.de/10012500969
This paper studies the occupational selection among generations of immigrants in the United States and links their choices to the occupational wage distribution in their country of origin. The empirical results suggest that individuals are more likely to take up an occupation in the US that was...
Persistent link: https://www.econbiz.de/10012299919
understand better the nature of RS in the country: it involves an element of risk sharing, as wages also decrease when profits … fall; RS is lower in regions with more latent competition from rural workers; higher minimum wages tend to reduce RS; and …, while employer labour market power reduces wages, it increases RS. Overall, despite its importance, RS in China is smaller …
Persistent link: https://www.econbiz.de/10012147394
We test for the signalling hypothesis versus human capital theory using the Wiles test (1974) in a country which has experienced a dramatic increase in the supply of skills. For this purpose, we construct a job match index based on the usefulness of the school-provided skills and the relevance...
Persistent link: https://www.econbiz.de/10012128718
The initial earnings of U.S. immigrants vary enormously by country of origin. Via three interrelated analyses, we show earnings convergence across source countries with time in the United States. Human-capital theory plausibly explains the inverse relationship between initial earnings and...
Persistent link: https://www.econbiz.de/10012130585
Although the quantitative relationship between employment cyclicality and wage cyclicality is central for the dynamics of macroeconomic models, there is little empirical evidence on this topic. We use the German AWFP dataset to document that wage cyclicalities are very heterogeneous across...
Persistent link: https://www.econbiz.de/10014432211
This paper is a review of the literature in economics up to the early 1980s on the issue of estimating the earnings return to schooling and labor market experience. It begins with a presentation of Adam Smith's (1776) analysis of wage determination, with the second of his five points on...
Persistent link: https://www.econbiz.de/10014448139
Does employers' association (EA) membership affect the wages paid by firms? Such effects could follow from several …, including worker fixed effects, EA firms pay significantly higher wages. However, when controlling for firm fixed effects, these …
Persistent link: https://www.econbiz.de/10013361785
consequent impact on the workers' wages. In particular, we discuss two issues - first, the relative importance of informality and … education-occupation mismatch in determining the wages; and second, the relevance of EOM for formal and informal workers. The … analysis reveals that although both informality and EOM are significant determinants of wages, the former is more crucial for a …
Persistent link: https://www.econbiz.de/10014228209