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In this paper we develop a job portfolio model of dual job holding based on a Stone-Geary utility function. We derive the associated Slutsky equation components. Because the job portfolio model applies only to unconstrained dual jobholders, we separate individuals who moonlight because of an...
Persistent link: https://www.econbiz.de/10012783284
wages by examining the case of Canada. Previous studies from the US, using individual level data, have revealed that annual …
Persistent link: https://www.econbiz.de/10013046643
A number of recent studies have found that medical marijuana laws (MMLs) are associated with increased marijuana use among adults, in part due to spillover effects into the recreational market. This study is the first to explore the labor market consequences of MMLs. Using repeated...
Persistent link: https://www.econbiz.de/10012995607
This paper presents estimates of individuals' responses in hourly wages to changes in marginal tax rates. Estimates …
Persistent link: https://www.econbiz.de/10013120836
headache on labor force participation, hours worked, and wages. We find that migraine headache is associated with a decrease in … wages. However, there is little evidence that migraine headache leads to reductions in labor force participation or hours … worked. We conclude that estimates of the cost of migraine headache to society should include its impact on wages …
Persistent link: https://www.econbiz.de/10013096472
There is by now a vast number of studies which document a sharp increase in cross-sectional wage inequality during the 2000s. It is often assumed that this inequality is of a permanent nature which in turn is used as an argument calling for government intervention. We examine these claims using...
Persistent link: https://www.econbiz.de/10013324918
In this paper we investigate the existence of compensating wage differentials across seasonal and non seasonal jobs, which arise due to anticipated working time restrictions. We build on a theoretical model by Abowd and Ashenfelter (1981), which links the compensating wage differential to...
Persistent link: https://www.econbiz.de/10013317496
US entrepreneurs typically work long hours in their firms and these hours form a large part of the firms' labor input. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce owners' endogenous labor supply into a model of...
Persistent link: https://www.econbiz.de/10012858508
wages in ZHC jobs have also fallen over time.The most common prior labour market state for ZHC workers is non-ZHC employment …
Persistent link: https://www.econbiz.de/10012870192
In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our model explores why these firms require young professionals to take on heavy work loads while simultaneously facing significant risks of dismissal. We argue that the...
Persistent link: https://www.econbiz.de/10012995535