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should be small on impact---raising only the wages of workers bound by the minimum wage---and grow over time as workers …. Estimated at the national level, I show that minimum wages---together with supply and demand---play a central role in shaping … document the dynamic impact of the minimum wage over the full wage distribution: on impact, wages rise only for the lowest …
Persistent link: https://www.econbiz.de/10014247949
is nevertheless important for the level and dynamics of wages over the life cycle because of the incentives it indirectly … profile of wages, their dispersion, and their composition in terms of fixed and variable (performance) pay. The model admits …
Persistent link: https://www.econbiz.de/10013334409
settings. As a model domain to study labor market returns when individuals have more than one identity, we focus on …
Persistent link: https://www.econbiz.de/10013334510
to sex differences in adult wages. Differences in field of highest degree account for a significant part of the male …
Persistent link: https://www.econbiz.de/10012473268
about their post-graduation wages and (ii) college graduates can take jobs that do not require four-year degrees (i …
Persistent link: https://www.econbiz.de/10012456946
larger impact on wages for 24-year-old men and women in 1986 than in 1978. For women, the increase in the return to cognitive …. We also show that high school seniors' mastery of basic cognitive skills had a much smaller impact on wages two years … after graduation than on wages six years after graduation …
Persistent link: https://www.econbiz.de/10012473813
Using information on time costs of training and gains in wages attributable to training I computed rates of return on …. The "direct' calculation uses information on time spent in training and on wages. For 1976 so calculated costs amounted to …
Persistent link: https://www.econbiz.de/10012475829
This paper builds, identifies and estimates a model of the labor market that features strategic interactions in wage … of labor demand and supply parameters and estimate them using matched employer-employee data from Denmark. Using our …
Persistent link: https://www.econbiz.de/10014544771
Over the last several decades, rising pay dispersion between firms accounts for the majority of the dramatic increase in earnings inequality in the United States. This paper shows that a distinct cross-cohort pattern drives this rise: newer cohorts of firms enter more dispersed and stay more...
Persistent link: https://www.econbiz.de/10014226174
Labor market tightness following the height of the Covid-19 pandemic led to an unexpected compression in the US wage … distribution that reflects, in part, an increase in labor market competition. Rapid relative wage growth at the bottom of the …-to-job separations--especially among young non-college (high school or less) workers. At the state-level, post-pandemic labor market …
Persistent link: https://www.econbiz.de/10014247930