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arrived in the 1950s and 1960s eventually surpassed the average native wage. Improvements in English language skills … for 73 to 95 percent. Changes in English skills and in other factors have played little role in this relative decline …. This analysis also finds a significant return to English skills. Even after controlling for education, region of origin …
Persistent link: https://www.econbiz.de/10013235874
investment boom of 1995-2000 drew many younger and less-educated workers into employment. Employment rates for these workers …
Persistent link: https://www.econbiz.de/10012986281
of STEM worker growth on the wages and employment of college and non-college educated native workers in 219 U.S. cities … workers in a city were associated with significant increases in wages paid to college educated natives. Wage increases for non …-college educated natives are smaller but still significant. We do not find significant effects on employment. We also find that STEM …
Persistent link: https://www.econbiz.de/10013054512
greater flexibility in wages, these two countries also exhibit more stable employment behavior over the business cycle. In …This paper argues that rigid wages cannot provide the underpinnings of a universally valid theory of the business cycle …, simply because wages are not universally rigid. Several different statistical techniques suggest that wage rates in the U …
Persistent link: https://www.econbiz.de/10013239186
The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...
Persistent link: https://www.econbiz.de/10013070644
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10013046172
n this paper I examine changes in self-employment that have occurred since the early 1980s in the United States. It is … Community Survey (ACS). In contrast to the official definition of self-employment which simply counts the numbers of … unincorporated self-employed, we also include the incorporated self-employed who are paid wages and salaries. The paper presents …
Persistent link: https://www.econbiz.de/10013243450
Today the vast majority of multi-owner firms in the United States are corporations, but that was not the case in the past. Before the advent of the income tax, tort litigation, and significant federal regulation, entrepreneurs more often than not chose to organize as partnerships, a form that...
Persistent link: https://www.econbiz.de/10012752127
business operations and employment, changes in financing patterns, and the interaction of household and business …
Persistent link: https://www.econbiz.de/10012830234
employees, while leaving dismissal costs unchanged for bigger firms, to set up a natural experiment research design. We find …, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10012903630