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Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010724980
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10008461939
We show that the inability of a standardly-calibrated stochastic labor search-and-matching model to account for the observed volatility of unemployment and vacancies extends beyond U.S. data to a set of OECD countries. We also argue that using cross-country data is helpful in evaluating the...
Persistent link: https://www.econbiz.de/10011133746
In this article, I evaluate the hypothesis that firms respond to negative demand shocks by assigning workers to tasks that require less skill than the tasks they normally carry out. Using changes in employment in state-industry cells as a measure of demand conditions facing individual firms, I...
Persistent link: https://www.econbiz.de/10011269557
Persistent link: https://www.econbiz.de/10005393862
How valuable is formal education for entrepreneurs’ income relative to employees’? And if the income returns to formal education are different for entrepreneurs vis-à-vis employees, what might be a plausible explanation? To explore these questions, we analyze a large representative US...
Persistent link: https://www.econbiz.de/10010988540
We study the relationship between wages, human capital accumulation and work organisation in Morocco using matched … worker-firm data for Metallurgical-electrical and Textile-clothing firms. While wages are found to rise with all human … capital characteristics, returns to education and experience are much higher for the upper wages. Participation in on …
Persistent link: https://www.econbiz.de/10010861614
cross-sectional data, suggest that market access has a positive and statistically significant effect on wages, although this …
Persistent link: https://www.econbiz.de/10011261265
for individual characteristics, local average human capital is positively correlated with individual wages, with estimated …
Persistent link: https://www.econbiz.de/10005248310
This paper analyses how the wage and employment decisions of females are affected by past workforce participation and hours supplied. Our estimation methods exploit the fact that, when markets are complete, the Lagrange multiplier for an agent’s lifetime budget constraint always enters...
Persistent link: https://www.econbiz.de/10005372809