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A critical synthesis of the rapidly growing literature on substitution among labor force aggregates is presented. Despite the large number of studies now available, the only firm conclusions are: (1) Physical and human capital are complements and are jointly substitutable with raw labor. This...
Persistent link: https://www.econbiz.de/10010941975
Persistent link: https://www.econbiz.de/10010942025
The distribution of job satisfaction widened across cohorts of young men in the United States between 1978 and 1988, and between 1978 and 1996, in ways correlated with changing wage inequality. Satisfaction among workers in upper earnings quartiles rose relative to that of workers in the lowest...
Persistent link: https://www.econbiz.de/10008457741
The YIEPP offered a minimum wage job, part-time during the school year and full-time during the summer, to 16-19-year-olds from low-income households who had not as yet graduated from high school and who were enrolled in school. Our finding of large ...
Persistent link: https://www.econbiz.de/10008511455
A critical synthesis of the rapidly growing literature on substitution among labor force aggregates is presented. Despite the large number of studies now available, the only firm conclusions are: (1) Physical and human capital are complements and are jointly substitutable with raw labor. This...
Persistent link: https://www.econbiz.de/10008511478