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One competitive-market explanation of interindustry wage differentials that is not challenged by the persistence of these differentials is that they are due to differences across workers in unobserved ability or quality. In contrast, this paper explores the unobserved ability hypothesis by using...
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that living wage laws act to maintain or increase rents among unionized municipal workers. By raising the wages that city … wages for their members. The evidence presented here, from an analysis of CPS data for 1996-2000, indicates that the wages …
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Indexes that rank state business climates figure prominently in debates about economic policy. But empirical evidence is rarely examined on which index factors actually correlate with economic growth. A statistical analysis suggests that state business climate indexes that focus on taxes and...
Persistent link: https://www.econbiz.de/10010726501
, high long-term unemployment, stagnant or declining wages for low-to-medium skill jobs owing to adverse labor demand shifts …. These concerns have spurred serious consideration of policies to encourage job creation and higher income from work beyond … generating continuing or renewed interest are hiring credits, higher (sometimes much higher) minimum wages, and a more …
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, high long-term unemployment, stagnant or declining wages for low-to-medium skill jobs owing to adverse labor demand shifts …. These concerns have spurred serious consideration of policies to encourage job creation and higher income from work beyond … generating continuing or renewed interest are hiring credits, higher (sometimes much higher) minimum wages, and a more …
Persistent link: https://www.econbiz.de/10011388328
We test for evidence of spatial, residence-based labor market networks. Turnover is lower for workers more connected to their neighbors generally and more connected to neighbors of the same race or ethnic group. Both results are consistent with networks producing better job matches, while the...
Persistent link: https://www.econbiz.de/10013087439