-level production functions and wage equations, and thus to compare relative marginal products and relative wages for various groups of … workers. The data and empirical framework lead to new evidence on numerous questions regarding the determination of wages …, questions that hinge on the relationship between wages and marginal products of workers in different demographic groups. These …

inventors crowd out native inventors, or an underestimate if immigrants have positive spill-overs on inventors. Using a 1950 …-2000 state panel, we show that natives are not crowded out by immigrants, and that immigrants do have positive spill-overs …

farther up the technology ladder, employment falls, output declines, and prices and wages rise. For low elasticities …

lower wages in the beginning of their career. Later they earn a return on these implicit investments through higher wages …

Does attracting or losing jobs in high paying sectors have important spill-over effects on wages in other sectors? The … relationship between changes in industry-specific city-level wages and changes in industrial composition. Our finding is that the … very substantial and persistent. Our point estimates indicate that the total effect on average wages of a change in …

migrants and returnees. We construct measures of selection across skill groups and estimate the average and the skills … with migrants' skills and drives the positive selection of returnees. Based on the rationality of these migration decisions …, a model of education, migration and return predicts positive long-run effects of increased migration for average skills …

' earnings impact property crime with an elasticity of -1, but that wages have no impact on violent crime. The paper also … instrumenting real wages of young workers. Using state-year-industry specific technology shocks as instruments yields elasticities …

increase in average wages in exporting firms relative to domestic firms, consistent with earlier studies. However, using …-specific productivity, we find that the premium paid to workers at exporting firms is economically and statistically insignificant, as is … the differential impact of trade openness on the wages of workers at exporting firms relative to otherwise identical …

supply in the presence of a return to labor market experience and aggregate productivity growth. A key finding of the theory … is that there is an interaction between these two forms of wage growth that explains why aggregate productivity growth … channel from the declines in trend aggregate wage growth that accompanied the productivity slowdown of the 1970s to persistent …