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I analyze two extensions to the standard model of life cycle labor supply that feature operative choices along both the intensive and extensive margin. The first assumes that individuals face different continuous wage-hours schedules. The second assumes that all work must be coordinated across...
Persistent link: https://www.econbiz.de/10013134860
significantly affects U.S. inward foreign direct investment. We find no evidence that relative wages have a significant impact on …
Persistent link: https://www.econbiz.de/10013134977
This paper exploits a rich and largely untapped source of information on the wages and other characteristics of …
Persistent link: https://www.econbiz.de/10013138351
strong evidence of rent-sharing, with a "Lester range" of variation in wages between profitable and unprofitable firms of …
Persistent link: https://www.econbiz.de/10013140998
Recent estimates in standard models of wage determination for both unionization and occupational licensing have shown wage effects that are similar across the two institutions. These cross-sectional estimates use specialized data sets, with small sample sizes, for the period 2006 through 2008....
Persistent link: https://www.econbiz.de/10013081831
This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI … paper shows that UI extensions at age thresholds reduced reemployment wages of job searchers in Germany. The UI extensions …
Persistent link: https://www.econbiz.de/10013071300
This paper emphasizes the role of wage growth in shaping work incentives. It provides an analytical framework for labor supply in the presence of a return to labor market experience and aggregate productivity growth. A key finding of the theory is that there is an interaction between these two...
Persistent link: https://www.econbiz.de/10013152379
This paper studies empirically the links between international trade and labor income risk faced by workers in the United States. We use longitudinal data on workers to estimate time-varying individual income risk at the industry level. We then combine our estimates of persistent labor income...
Persistent link: https://www.econbiz.de/10013159518
-sectional distribution of usual weekly hours and hourly wages. First, usual weekly hours are heavily concentrated around 40 hours, while at … wages are non-monotonic across the usual hours distribution, with a peak for those working 50 hours. The novel feature of …
Persistent link: https://www.econbiz.de/10012842474
second moments of the joint distribution over individual wages, consumption and hours …
Persistent link: https://www.econbiz.de/10012773175