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A Formal Test of Assortative Matching in the Labor Market
Abowd, John M. - 2012
We estimate a structural model of job assignment in the presence of coordination frictions due to Shimer (2005). The coordination friction model places restrictions on the joint distribution of worker and firm effects from a linear decomposition of log labor earnings. These restrictions permit...
Persistent link: https://www.econbiz.de/10013116589
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Insurance and Opportunities : A Welfare Analysis of Labor Market Risk
Heathcote, Jonathan - 2008
second moments of the joint distribution over individual wages, consumption and hours …
Persistent link: https://www.econbiz.de/10012773175
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A Reconsideration of the Effects of Unionism on Relative Wages and Employment in the United States, 1920-80
Pencavel, John H. - 2010
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
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Internal and External Labor Markets : An Analysis of Matched Longitudinal Employer-Employee Data
Abowd, John M.; Kramarz, Francis - 2021
We decompose the real annual full time compensation costs of 1.1 million French workers followed over 12 years into a part that reflects their external opportunity wage and a part that reflects their internal wage rate. Using these components of compensation we investigate the extent to which...
Persistent link: https://www.econbiz.de/10013240626
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Occupational Licensing and Labor Market Fluidity
Kleiner, Morris M.; Xu, Ming - 2022
We show that occupational licensing has significant negative effects on labor market fluidity defined as cross-occupation mobility. Using a balanced panel of workers constructed from the CPS and SIPP data, we analyze the link between occupational licensing and labor market outcomes. We find that...
Persistent link: https://www.econbiz.de/10013291115
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Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe
Gordon, Robert J. - 2021
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
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The Labor Demand Curve is Downward Sloping : Reexamining the Impact of Immigration on the Labor Market
Borjas, George J. - 2021
wages by 3 to 4 percent …
Persistent link: https://www.econbiz.de/10013245085
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Is There Monopsony in the Labor Market? Evidence from a Natural Experiment
Staiger, Douglas; Spetz, Joanne; Phibbs, Ciaran S. - 2022
of monopsony. We use an exogenous change in wages at Veterans Affairs hospitals as a natural experiment to investigate … responded to the VA wage change by changing their own wages …
Persistent link: https://www.econbiz.de/10013322876
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Offshoring and Labor Markets
Hummels, David L. - 2016
We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start …
Persistent link: https://www.econbiz.de/10012997887
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In Search of Stolper-Samuelson Effects on U.S. Wages
Leamer, Edward E. - 2021
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