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We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor market experience and increase with initially...
Persistent link: https://www.econbiz.de/10010274097
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labor market experience and increase with initially...
Persistent link: https://www.econbiz.de/10005703658
We develop an equilibrium model of the labor market to investigate the joint evolution of gender gaps in labor force participation and wages. We do this overall and by task-based occupation and skill, which allows us to study distributional effects. We structurally estimate the model using data...
Persistent link: https://www.econbiz.de/10013351797
This paper studies the relationship between global value chain (GVC) participation, worker-level routine task intensity, and wage inequality within countries. Using unique survey data from 38 countries, we find that higher GVC participation is associated with more routine-intensive work,...
Persistent link: https://www.econbiz.de/10014469841
This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall wage inequality. Using long-running administrative panel data with detailed occupation codes, we first document that in all occupations, entrants and leavers earn lower wages...
Persistent link: https://www.econbiz.de/10012141283
There has been a shift in the U.S. job tenure distribution toward longer-duration jobs since 2000. This change is … apparent both in the tenure supplements to the Current Population Survey and the Longitudinal Employer-Household Dynamics … decline in the entry rate of new employer businesses. We show that the tenure distribution is a function of historical hiring …
Persistent link: https://www.econbiz.de/10011479294
This paper develops a tractable empirical approach to estimate the effect of on-the-job tenure on the permanent and the … (short-tenure contracts) in Italy. Our results indicate that each year of tenure on the job reduces earnings instability on …
Persistent link: https://www.econbiz.de/10005700940
of low-tenure and low-human-capital incumbent workers performing high-physical and low-intellectual tasks; (2) apply a …
Persistent link: https://www.econbiz.de/10012658192
In this paper, we develop an allocation model of workers differentiated by their field of study to test whether international differences in the wage structure can be explained by differences in labor demand and supply in each country. The model explicitly takes into account the effects of...
Persistent link: https://www.econbiz.de/10010261618
The UK and the US have experienced both rising skill premia and rising employment of skilled workers since the 1980s. These trends are typically interpreted as concurrent shifts of relative skill supplies and demands, and the demand shifts are attributed to skill-biased technological change or...
Persistent link: https://www.econbiz.de/10010261619