Showing 1 - 10 of 12
In this paper, we compile a unique historical dataset that records strike activity in theBritish engineering industry from 1920 to 1970. These data have the advantage ofcontaining a fairly homogenous set of companies and workers, covering a long periodwith varying labour market conditions,...
Persistent link: https://www.econbiz.de/10009465834
Based on the methodology of Beaudry and DiNardo (1991), this paper investigates the relative importance of the spot market and implicit contracts in the determination of British real wages. Empirical work is carried out separately for males and females with individual-level data taken from the...
Persistent link: https://www.econbiz.de/10009475653
Using the Panel Study of Income Dynamics, we find that true wage changes have many fewer nominal cuts and more nominal freezes than reported nominal wage changes. The data overwhelmingly rejects a model of flexible wage changes and provides some evidence against a model of perfect downward...
Persistent link: https://www.econbiz.de/10009475674
Using data from the Panel Study of Income Dynamics, the author examines the cyclicality of wages within employer-employee matches for the years 1970-91. Recent research on wage cyclicality has suggested that wages are very procyclical (tending to rise and fall with economicupturns and...
Persistent link: https://www.econbiz.de/10009475675
Using the British New Earnings Survey Panel Data for 1975-2001, the authors estimate the wage cyclicality (the degree to which wage levels rise and fall with economic upturns and downturns) of three groups: job stayers, within-company job movers, and between-company job movers. Wages of internal...
Persistent link: https://www.econbiz.de/10009475676
Many economics theories suggest that the assignment of workers to occupations changes over the business cycle: expansions allow workers to upgrade to occupations that pay higher wages and require more skill. This paper provides some empirical evidence from the USA that such upgrading does occur...
Persistent link: https://www.econbiz.de/10009475677
The author uses longitudinal data to study the effects of industry growth and decline on wage changes between 1976 and 2001. He finds that over this period, workers who were initially in industries that subsequently expanded enjoyed faster wage growth than other workers. Moreover, wage growth...
Persistent link: https://www.econbiz.de/10009475678
Various reasons have been put forward to explain the stylized fact that the wages of job starters are more procyclical than the wages of workers who don’t change jobs. I explore the theoretical and empirical basis for one such reason: firms adjust the quality of workers assigned to jobs over...
Persistent link: https://www.econbiz.de/10009475679
The large changes in relative wages that occurred during the 1980s provide fertile ground for studying the behavioral responses of married couples to the wage changes of husbands and wives. I find estimates of own-wage and cross-wage elasticities for men that are very small. The own-wage...
Persistent link: https://www.econbiz.de/10009475680
In the 1980s, both wages and labor supply of poorly educated men fell substantially relative to those of educated men. Some observers have interpreted this positive association between changes in wages and labor supply as reflecting movement along stable labor supply curves. The author casts...
Persistent link: https://www.econbiz.de/10009475681