Showing 1 - 10 of 48
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
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
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
The wages of part-time workers are considerably lower than are those of full-time workers. Measurable worker and job …
Persistent link: https://www.econbiz.de/10010262011
We exploit the cross-country and time variation in the demographics and education structure in 11 European countries to study how cohort size has affected real earnings in Europe. When we pool the data of all countries, we find that cohort size has a negative and statistically significant effect...
Persistent link: https://www.econbiz.de/10010262046
satisfaction data. We show that, in some sectors, workers enjoy both higher wages and higher job satisfaction. We argue that this …
Persistent link: https://www.econbiz.de/10010262172
We extend the Altonji and Card (1991) framework for analysing the impact of immigrants on natives? wages from two to … small effects on natives? wages and no dominant robust patterns of substitution and complementarity. Effects on wages of …
Persistent link: https://www.econbiz.de/10010262326