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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
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
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
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
wages and prices to past inflation fails along several of these dimensions …
Persistent link: https://www.econbiz.de/10013014650
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
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