Showing 1 - 10 of 469
This paper uses census and survey data to identify the wage earning ability and the selectivity of recent Romanian …
Persistent link: https://www.econbiz.de/10013127753
Nonlinearity is an important consideration in many problems of finance and economics, such as pricing securities, computing equilibrium, and conducting structural estimations. We extend the transform analysis in Duffie, Pan, and Singleton (2000) by providing analytical treatment of a general...
Persistent link: https://www.econbiz.de/10013127979
characterized by different wage growth prospects, individual discount rates play an important role in the relative valuation of jobs … with steeper wage profiles. To test this hypothesis we use smoking as an instrument for time preference. Panel data from … work histories and other socio-economic variables. We find that smokers have substantially flatter wage profiles, and a …
Persistent link: https://www.econbiz.de/10013132747
intensive and extensive margin. The first assumes that individuals face different continuous wage-hours schedules. The second …
Persistent link: https://www.econbiz.de/10013134860
There has been a significant correlation between United States inward foreign direct investment and the United States real exchange rate since the 1970s. Two alternative reasons for this relationship are that the real exchange rate affects the relative cost of labor and that the real exchange...
Persistent link: https://www.econbiz.de/10013134977
This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay. Others...
Persistent link: https://www.econbiz.de/10013135394
individual manufacturing plants to cast new light on recent changes in the United States wage structure. Our primary data source … the LRD to investigate changes in the plant-wage structure over the past three decades. We also combine plant-level wage … observations in the LRD with wage observations on individual workers in the Current Population Survey (CPS) to estimate the between …
Persistent link: https://www.econbiz.de/10013138351
The main purpose of this study is to provide empirical evidence on the effects of the cigarette excise tax structure on three outcomes: cigarette prices, government revenues, and cigarette consumption. We composed cross-sectional time-series data for 21 EU countries from year 1998 to 2007 from...
Persistent link: https://www.econbiz.de/10013139133
women's relative wage increased, particularly during the period of liberalization. Both between and within-industry shifts …
Persistent link: https://www.econbiz.de/10013140996
When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the … measure the degree of rent sharing and test for holdup. We estimate wage models with job match effects, allowing us to control …
Persistent link: https://www.econbiz.de/10013140998