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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
. We further find that employees of target firms experience a reduction in work hours and stagnation in wages despite an …
Persistent link: https://www.econbiz.de/10013119570
-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
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
This paper presents an empirical analysis of changes in individual earnings and hours over time. Using longitudinal data from three panel surveys,we catalogue the main features of the covariance structure of changes in earnings and hours. We then present an interpretation of these features in...
Persistent link: https://www.econbiz.de/10013220819
Using the Panel Study of Income Dynamics and the Health and Retirement Study, we provide a set of facts about vacation leave and its relationship to hours worked, hours constraints, wage rates, worker characteristics, spouse's vacation leave, labor market experience, job tenure, occupation,...
Persistent link: https://www.econbiz.de/10013223799
I investigate how the relationship between the wage and the length of the work day has changed since the 1890s among prime-aged men and women. I find that across wage deciles deciles, and within industry and occupation groups the most highly paid worked fewer hours than the lowest paid in the...
Persistent link: https://www.econbiz.de/10013233855
A transformation of what had become a universal 40 hour standard work week in Germany began in 1985 with reductions negotiated in the metal-working and printing sectors. These reductions have continued through 1995, and were followed by reductions in other sectors. The union campaign aimed to...
Persistent link: https://www.econbiz.de/10013247192
Increases in the cost of providing health insurance must have some effect on labor markets, either in lower wages … wages, we document in this paper a significant effect on work hours as well. Using data from the CPS and the SIPP, we show …
Persistent link: https://www.econbiz.de/10013248410
Major strands of recent macroeconomic theory hinge on the relation of workers' efforts to their wages, but there has … include detailed time diaries to examine how changes in the use of time on the job affect wages. Additional time spent by the …
Persistent link: https://www.econbiz.de/10013245323