Showing 1 - 10 of 15
Researchers using changes in compulsory schooling laws as instruments have typically estimated very high returns to additional schooling that are greater than the corresponding OLS estimates. Given that the first order source of bias in OLS is likely to be upward as more able individuals tend to...
Persistent link: https://www.econbiz.de/10005147046
The strikes' literature is dominated by the causes and effects of strike action as they relate directly to strikers themselves. This paper considers another important group of affected workers - those individuals incidentally made idle as a result of the strike action of others. Using a unique...
Persistent link: https://www.econbiz.de/10004983618
This paper adds to the literature on the relationship between military service and long-term real earnings. Based on a regression discontinuity design it compares the earnings of age cohorts containing British men who were required to undertake post-war National Service with later cohorts who...
Persistent link: https://www.econbiz.de/10005748762
This paper offers a contract-based theory to explain the determination of standard hours, overtime hours and overtime premium pay. We expand on the wage contract literature that emphasises the role of firm-specific human capital and that explores problems of contract efficiency in the face of...
Persistent link: https://www.econbiz.de/10005748764
Between mid-1939 and mid-1943 almost 2.2 million additional women were recruited into Britain's essential war industries. These consisted, predominantly, of young women recruited into metal and chemical industries. Much of the increased labour supply was achieved through government directed...
Persistent link: https://www.econbiz.de/10005583857
In this paper, we compile a unique historical dataset that records strike activity in the British engineering industry from 1920 to 1970. These data have the advantage of containing a fairly homogenous set of companies and workers, covering a long period with varying labour market conditions,...
Persistent link: https://www.econbiz.de/10005583862
We show that the distinction between job spells and employer spells matters for returns to tenure. Employer spells encompass between-job wage movements linked to promotions or demotions while job spells don't. Using a 1% sample of the British workforce over the period 1975-2010, we find that a...
Persistent link: https://www.econbiz.de/10010602301
We present a wage-hours contract designed to minimize costly turnover given investments in specific training combined with firm and worker information asymmetries. It may be optimal for the parties to work ‘long hours' remunerated at premium rates for guaranteed overtime hours. Based on...
Persistent link: https://www.econbiz.de/10010660125
Based on firm‐level payroll data from around 2000 member firms of the British Engineering Employers' Federation we examine the behavior of real hourly earnings over the 1927‐1937 cycle that contained the Great Depression. The pay statistics are based on adult male blue‐collar workers...
Persistent link: https://www.econbiz.de/10009002141
We add to the literature on the long-term economic effects of male military service. We concentrate on post-war British conscription into the armed services from 1949 to 1960. It was called National Service and applied to males aged 18 to 26. Based on a regression discontinuity design we...
Persistent link: https://www.econbiz.de/10008679826