Showing 1 - 10 of 98
Using Bulgarian Integrated Household Surveys for 1995, 1997 and 2001 this paper explores determinants of labor force status – not working, public sector employment, private sector employment and self-employment – and earnings for each of the three employment sectors. We find that while...
Persistent link: https://www.econbiz.de/10010263229
Labor supply theory predicts systematic heterogeneity in the impact of recent welfare reforms on earnings, transfers, and income. Yet most welfare reform research focuses on mean impacts. We investigate the importance of heterogeneity using random-assignment data from Connecticut's Jobs First...
Persistent link: https://www.econbiz.de/10010266404
The paper uses building workers' wages 1209-2004, and the skill premium, to consider the causes and consequences of the … Industrial Revolution. Real wages were trendless before 1800, as would be predicted for the Malthusian era. Comparing wages with … the classic Industrial Revolution and even the arrival of modern democracy in 1689. Building wages also conflict with …
Persistent link: https://www.econbiz.de/10010266423
Unemployment immediately upon graduation is associated with substantial and permanent future earnings losses. Even for very short unemployment spells the estimated earnings losses are statistically significant. These results are stable for the inclusion of a rich set of observable control...
Persistent link: https://www.econbiz.de/10010273933
employers incentives to transfer the costs to their workers, affecting individual wages and inducing cream skimming. Side … off employer incentives on individual wages is estimated using a reform in January 1992, which introduced an employer co … information on hourly wages, gives no support of any important individual wage effects from the co-insurance reform. This is not a …
Persistent link: https://www.econbiz.de/10010273955
The ranking of colleges varies both across methods and model specifications. Still, earnings equations tend to be consistent with regard to which colleges that on average are found in the top and bottom half of the earnings distribution. Moreover, there are no systematic differences in the...
Persistent link: https://www.econbiz.de/10010273978
In a seminal paper Gibbons and Katz (1991; GK) develop and empirically test an asymmetric information model of the labor market. The model predicts that wage losses following displacement should be larger for layouts than for plant closings, which was borne out by data from the Displaced Workers...
Persistent link: https://www.econbiz.de/10010292119
We study portfolio choice when labor income and dividends are cointegrated. Economically plausible calibrations suggest young investors should take substantial short positions in the stock market. Because of cointegration the young agent's human capital effectively becomes stock-like. However,...
Persistent link: https://www.econbiz.de/10010292176
wages paid to domestic workers, through simulations with a computable general equilibrium (CGE) model. As such, one can … observe the implications of recent increases in the relative wages of domestic workers in Brazil, considering two concurrent …
Persistent link: https://www.econbiz.de/10010293297
variation across universities and fields. We also examine the trade-off between expected starting wages and wage growth. In the …
Persistent link: https://www.econbiz.de/10010294525