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A standard efficient-contracts model of employment determination in a unionized labor market is contrasted with a naive model of labor supply and demand that allows for the possibility of monopsony in the market for public school teachers. The standard model is consistent with the data and...
Persistent link: https://www.econbiz.de/10005076258
We use a unique data set of California births to ask whether intergenerational correlations in health contribute to the perpetuation of economic status. We find that if a mother was low birth weight, her child is significantly more likely to be low birth weight, even when we compare mothers who...
Persistent link: https://www.econbiz.de/10005832527
The authors examine the impact of recent trade reforms. Although employment in the average private sector manufacturing firm was unaffected, there were significant employment losses to exporters and highly affected firms. Parastatals increased employment by hiring low-paid temporary workers....
Persistent link: https://www.econbiz.de/10005832558
The variance of arbitrated wage settlements is significantly lower than the variance of negotiated wage settlements in a sample of teachers' contracts, even when possible selection of contracts into arbitration is accounted for. This result is consistent with the hypothesis that arbitrated...
Persistent link: https://www.econbiz.de/10005779236