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We use a quantile regression framework to investigate the degree to which work-related training affects the location, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training investments will be the same across the conditional...
Persistent link: https://www.econbiz.de/10010261758
The dual economy development models hold minimum wages (among other institutions) accountable for persistent dualism …. We use 12 years of micro data on thousands workers in Costa Rica to test whether legal minimum wages have a differential … impact on wages in the formal sector vs. informal sector, defined in various ways. We find the evidence from Costa Rica is …
Persistent link: https://www.econbiz.de/10010261786
According to the classical human capital theory general training is entirely financed by workers. This prediction is at odds with the empirical evidence. This observation inspired new theoretical models of training in frictional labour market. These frictions create incentives for firms to...
Persistent link: https://www.econbiz.de/10010261838
female wages rose almost unabated from 1890 to the early-1990s in the United States (with the exception of about 1940 …
Persistent link: https://www.econbiz.de/10010261859
several sources, we explore the relationship between wages and measures of classic and new monopsony. Micro wage data for 1993 …-2002 provide little evidence of classic monopsonistic outcomes in the long run, the relative wages of RNs in 240 U.S. labor markets … being largely uncorrelated with market size or employer concentration. A short-run relationship is found, with RN wages …
Persistent link: https://www.econbiz.de/10010261903
This paper investigates the effects of legal minimum wages on wages, employment, hours worked and monthly earnings … Costa Rica. This country?s large uncovered sector and complex minimum wage policy, which has for decades set numerous wages … minimum wages. We find that legal minimum wages have a significant positive effect on the wages of workers in the covered …
Persistent link: https://www.econbiz.de/10010261907
by rigorously addressing the question as to whether changes in minimum wages can change the inequality of the … wages in the 1980s and 1990s acted as a countervailing force to the unequalizing effect of globalization. Using annual data … on workers from the 1987-1997 household surveys, it is shown that changes in the legal minimum wages did indeed have an …
Persistent link: https://www.econbiz.de/10010261908
The question we address in this paper is which factors influence the quitting decision of public sector teachers in England and Wales, using a nationally representative panel data set over 1997-2003. We document the outcomes of former teachers, fit single and competingrisks duration models and...
Persistent link: https://www.econbiz.de/10010261913
18 studies using data from 20 highly developed, developing, and less developed countries document that average wages in …
Persistent link: https://www.econbiz.de/10010261930
coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men …
Persistent link: https://www.econbiz.de/10010261935