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This paper discusses the claim made in Altonji and Pierret (1997) and Lange (2005) that a high speed of employer learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence’s original model and then evaluated in a simple extension of a...
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Using CPS data for the period 1979-2009, the wage dispersion of truck drivers (and subsets of the truck driving sample) is compared to the trends in wage dispersion of males economy-wide. We find that truckers' wages experienced a decrease in inequality post-deregulation, as expected given the...
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"After a period of regulatory changes in the early 1980s we are faced with "new" freight transportation labor markets in the U.S. Using data from the 1984-1999 Current Population Survey, we examine trends in the wages of workers within freight transportation, with a focus on wage differentials...
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