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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
increase in average wages in exporting firms relative to domestic firms, consistent with earlier studies. However, using … the differential impact of trade openness on the wages of workers at exporting firms relative to otherwise identical …, non-random labor market allocation mechanisms, in determining the effects of trade policy changes on wages …
Persistent link: https://www.econbiz.de/10013122021
I analyze changes in teacher turnover, hiring, effectiveness, and salaries at traditional public schools after the opening of a nearby charter school. While I find small effects on turnover overall, difficult to staff schools (low-income, high-minority share) hired fewer new teachers and...
Persistent link: https://www.econbiz.de/10013122431
We develop a theory of the market for individual reputation, an indicator of regard by one's peers and others. The central questions are: 1) Does the quantity of exposures raise reputation independent of their quality? and 2) Assuming that overall quality matters for reputation, does the quality...
Persistent link: https://www.econbiz.de/10013153983
heterogeneity, job-specific error components in both wages and hours, and measurement error. We use the model to address a number of … important questions in labor economics, including the source of the experience profile of wages, the response of job changes to …-specific error components in wages and hours …
Persistent link: https://www.econbiz.de/10012764833
We studied the relation of CEO pay and turnover to performance and characteristics of companies in a new data set that covers large commercial banks over the period 1982-87. For newly hired CEOs, the elasticity of pay with respect to assets is about one-third. As experience increases, the...
Persistent link: https://www.econbiz.de/10012767096
If consumption and non-wage amenities of work enter utility, holding few assets may induce a trade-off between wages … debt causes graduates to accept jobs with higher wages and lower job satisfaction. In a representative sample of college …
Persistent link: https://www.econbiz.de/10012870914
This paper analyzes economic behavior and the effects of training and income support policies in the low wage labor market for women. The opportunity set takes account of nonlinearities and discontinuities associated with career interruption, part-time work, and government programs. There are...
Persistent link: https://www.econbiz.de/10013218114
The idea that wages rise relative to alternatives as job seniority accumulates is the foundation of the theory of … tenures typically earn higher wages tends to support these views, yet this evidence ignores the decisions that have brought … individuals to the combination of wages, job tenure, and experience that are observed in survey data. Allowing for sources of bias …
Persistent link: https://www.econbiz.de/10013220948
This paper proposes an econometric methodology to deal with life cycle earnings and mobility among discrete earnings classes. First, we use panel data on male log earnings to estimate an earnings function with permanent and serially correlated transitory components due to both measured and...
Persistent link: https://www.econbiz.de/10013225840