Similar Search Results

Exploring the causes of frictional wage dispersion

Tjaden, Volker; Wellschmied, Felix - 2012

Standard search models are unreliable for structural inference of the underlying sources of wage inequality because they are inconsistent with observed residual wage dispersion. We address this issue by modeling skill development and duration dependence in unemployment benefits in a random on...

Persistent link: https://www.econbiz.de/10010282170

Employer learning and the "importance" of skills

Light, Audrey; McGee, Andrew - 2012

We ask whether the role of employer learning in the wage-setting process depends on skill type and skill importance to productivity. Combining data from the NLSY79 with O*NET data, we use Armed Services Vocational Aptitude Battery scores to measure seven distinct types of pre-market skills that...

Persistent link: https://www.econbiz.de/10010283943

Leadership Skills and Wages

Kuhn, Peter; Weinberger, Catherine - 2002

American business seems to be infatuated with its workers? ?leadership? skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as adults,...

Persistent link: https://www.econbiz.de/10010262770

Race, Performance, Pay and Retention among National Basketball Association Head Coaches

Kahn, Lawrence M. - 2004

This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...

Persistent link: https://www.econbiz.de/10010261874

Using firm optimization to evaluate and estimate returns to scale

Gorodnichenko, Yuriy - 2008

At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production function. Given this observation, the paper argues that,...

Persistent link: https://www.econbiz.de/10010268849

Skill Policies for Scotland

Heckman, James Joseph; Masterov, Dimitriy V. - 2004

This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...

Persistent link: https://www.econbiz.de/10010274209

Scale Effects in Markets with Search

Petrongolo, Barbara; Pissarides, Christopher A. - 2003

Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...

Persistent link: https://www.econbiz.de/10010276187

Economic well-being and poverty among the elderly: an analysis based on a collective consumption model

Cherchye, Laurens; de Rock, Bram; Vermeulen, Frederic - 2008

We apply the collective consumption model of Browning, Chiappori and Lewbel (2006) to analyse economic well-being and poverty among the elderly. The model focuses on individual preferences, a consumption technology that captures the economies of scale of living in a couple, and a sharing rule...

Persistent link: https://www.econbiz.de/10010276395

Managerial Job Assignment and Imperfect Competition in Asymmetric

Grossmann, Volker - 2003

by management, determines the firms? performance. Despite an exante symmetry of potential entrants, the equilibrium …

Persistent link: https://www.econbiz.de/10010261934

Management compensation and firm-level income inequality

Frederiksen, Anders; Poulsen, Odile - 2008

general equilibrium model. Empirical estimation, of the model's key parameters show that the rising management premium is … management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a … rising management premium produces income distribution dynamics at the firm level which are similar to those observed at the …

Persistent link: https://www.econbiz.de/10010268874

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