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Separate and Unequal in the Labor Market : Human Capital and the Jim Crow Wage Gap
Carruthers, Celeste K. - 2016
The gap between black and white earnings is a longstanding feature of the United States labor market. Competing explanations attribute different weight to wage discrimination and access to human capital. Using new data on local school quality, we find that human capital played a predominant role...
Persistent link: https://www.econbiz.de/10012456726
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Knowledge Growth and the Allocation of Time
Lucas, Robert E, Jr - 2011
for this economy, thereby obtaining a theory of endogenous growth that captures in a tractable way the social nature of …
Persistent link: https://www.econbiz.de/10012461162
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Cyclical Worker Flows : Cleansing vs. Sullying
Haltiwanger, John C.; Hyatt, Henry R.; McEntarfer, Erika; … - National Bureau of Economic Research - 2021
Do recessions speed up or impede productivity-enhancing reallocation? To investigate this question, we use U.S. linked employer-employee data to examine how worker flows contribute to productivity growth over the business cycle. We find that in expansions high-productivity firms grow faster...
Persistent link: https://www.econbiz.de/10012533351
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Does the Environment Still Matter? Daily Temperature and Income in the United States
Deryugina, Tatyana - 2014
It is widely hypothesized that incomes in wealthy countries are insulated from environmental conditions because individuals have the resources needed to adapt to their environment. We test this idea in the wealthiest economy in human history. Using within-county variation in weather, we estimate...
Persistent link: https://www.econbiz.de/10012457916
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Automation and Rent Dissipation : Implications for Wages, Inequality, and Productivity
Acemoglu, Daron; Restrepo, Pascual - National Bureau of Economic Research - 2024
This paper studies the effects of automation in economies with labor market distortions that generate worker rents--wages …
Persistent link: https://www.econbiz.de/10014576564
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Employment, Unemployment, and Problem Drinking
Mullahy, John - 1995
The misuse of alcoholic beverages ('problem drinking') has been demonstrated to result in enormous economic costs; most of these costs have been shown to be reduced productivity in the labor market. The purpose of this paper is to present sound structural estimates of the relationship between...
Persistent link: https://www.econbiz.de/10012473763
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Wedges, Wages, and Productivity under the Affordable Care Act
Mulligan, Casey B. - 2013
Our paper documents the large labor market wedges created by taxes, subsidies, and regulations included in the Affordable Care Act. The law changes terms of trade in both goods and factor markets for firms offering health insurance coverage. We use a multi-sector (intra-national) trade model to...
Persistent link: https://www.econbiz.de/10012458892
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The Labor Wedge : MRS vs. MPN
Karabarbounis, Loukas - 2013
Do fluctuations of the labor wedge, defined as the gap between the firm's marginal product of labor (MPN) and the household's marginal rate of substitution (MRS), reflect fluctuations of the gap between the MPN and the real wage or fluctuations of the gap between the real wage and the MRS? For...
Persistent link: https://www.econbiz.de/10012459647
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Productivity, Wages, and Prices Inside and Outside of Manufacturing in the U.S., Japan, and Europe
Gordon, Robert J. - 1986
This paper studies the dynamic behavior of changes in productivity, wages, and prices. Results are based on a new data …. Europe has neither greater nominal wage flexibility nor more rigid real wages than the U. S. Evidence that the U. S. exhibits … bonus of extra output as a result of a uniquely vertical European aggregate supply curve. The analysis of real wages also …
Persistent link: https://www.econbiz.de/10012477000
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Empirical Structural Evidence on Wages, Prices and Employment in the US
Blanchard, Olivier J. - 1986
a wage equation. I reach the following two main conclusions: Nominal wages adjust faster to prices than prices do to … nominal wages. This may be taken as evidence that price inertia is more important empirically than nominal wage inertia. The …
Persistent link: https://www.econbiz.de/10012477025