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reexamine the effects of trade unions both on relative wages and on relative man hours worked.Our estimates of the relative wage …
Persistent link: https://www.econbiz.de/10012760354
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …
Persistent link: https://www.econbiz.de/10013244903
Economic growth in Europe and Asia and Latin America could have contri- buted in many different ways to lower wages and … price reductions twist the labor demand curve, dictating lower real wages for unskilled workers who reside in communities … with abundant unskilled labor but raising the wages for unskilled workers who are fortunate to live in communities …
Persistent link: https://www.econbiz.de/10013230376
sensitivity of employment to the domestic price of imports varies significantly across these nine sectors, whereas industry wages … of unemployment and wages so generated and the actual, historical paths are attributed to the effects of import … in wages in two industries, among the nine studied …
Persistent link: https://www.econbiz.de/10013229131
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
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
that exclusion did not affect U.S. agricultural wages or employment. Important mechanisms include adoption of less labor …
Persistent link: https://www.econbiz.de/10012963750
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
This paper develops a simple equilibrium model of CEO pay. CEOs have different talents and are matched to firms in a competitive assignment model. In market equilibrium, a CEO%u2019s pay changes one for one with aggregate firm size, while changing much less with the size of his own firm. The...
Persistent link: https://www.econbiz.de/10012779748