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between individual accident risk and wages, but only in high risk occupations. The latter relationship may downward bias or … is exogenous. It predicts that riskier jobs are associated with higher wages. In contrast, in our model, workers make … risk and wages. We test the model's predictions using obesity as a proxy for worker disinvestments in human capital and …
Persistent link: https://www.econbiz.de/10013080153
In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10013016339
We propose a theory-based adjustment to the labor income share to correct for the self-employment bias. Through a two …
Persistent link: https://www.econbiz.de/10012829919
This paper introduces bias-corrected estimators for nonlinear panel data models with both time invariant and time …/selection bias. We then estimate the primary equation by fixed effects including an appropriately constructed control function from … both steps might employ nonlinear fixed effects procedures it is necessary to bias adjust the estimates due to the …
Persistent link: https://www.econbiz.de/10013317161
controlled for there is a further pervasive source of bias, namely the co-movement of firm employment and firm wages. In a simple … aggregate or firm level) to firm's employment and wages cause downward bias in OLS regression estimates of RTT. We show that the … long established procedures for dealing with "traditional" RTT bias do not circumvent the additional problem we have …
Persistent link: https://www.econbiz.de/10012995586
employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm …
Persistent link: https://www.econbiz.de/10013129084
(NREGA), enacted in August 2005, is one such program in India. This paper assesses causal impacts (Intent-to-Treat) of NREGA … on public works participation, labor force participation, and real wages of casual workers by exploiting its phased … significant positive impact on the wages of female casual workers-real wages of female casual workers increased 8% more in NREGA …
Persistent link: https://www.econbiz.de/10013106290
India's colonial legacy and linguistic diversity give English an important role in its economy, and this role has …-language skills in India, but the extent of these returns is unknown due to lack of a microdata set containing measures of both … earnings and English ability. In this paper, we use a newly available data set - the India Human Development Survey, 2005 - to …
Persistent link: https://www.econbiz.de/10013146842
Workplace accidents are an important economic phenomenon. Yet, the pro-cyclical fluctuations in workplace accidents are not well understood. They could be related to fluctuations in effort and working hours, but workplace accidents may also be affected by reporting behavior. Our paper uses...
Persistent link: https://www.econbiz.de/10013125148
characteristics, foreign workers face higher levels of risk by the same level of wages. The gap is significantly above the level …
Persistent link: https://www.econbiz.de/10012963848