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much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …
Persistent link: https://www.econbiz.de/10014119494
household survey reveals that individuals who perceive their wages as unfair earn significantly lower wages than fairly paid … individuals with similar characteristics. This suggests that unfairness perceptions with respect to wages are based on sound … wages than fairly paid individuals with identical characteristics. -- Fairness ; Wages …
Persistent link: https://www.econbiz.de/10009715233
We observe that CEO compensation and top incomes in the US have both been increasing rapidly over the last thirty years. We hypothesize that the trends in CEO compensation have been caused by the same economy-wide factors that have contributed to increases in income. We test this hypothesis by...
Persistent link: https://www.econbiz.de/10013048209
low-paid as well as the probability of escaping low wages by moving up to higher-paid employment. Our results reveal a …
Persistent link: https://www.econbiz.de/10010190193
We propose a theory-based adjustment to the labor income share to correct for the self-employment bias. Through a two-sector neoclassical framework with agriculture and non-agriculture, we derive the productivity-adjusted aggregate labor income share in terms of the agricultural productivity...
Persistent link: https://www.econbiz.de/10012242624
Despite steady growth of the literature on labor income share, empirical studies are mostly limited to country-level analyses. At the sectoral level, data on labor income share are available only for advanced countries. This paper overcomes this constraint and provides some preliminary outcomes...
Persistent link: https://www.econbiz.de/10011904497
household survey reveals that individuals who perceive their wages as unfair earn significantly lower wages than fairly paid … individuals with similar characteristics. This suggests that unfairness perceptions with respect to wages are based on sound … wages than fairly paid individuals with identical characteristics …
Persistent link: https://www.econbiz.de/10014160353
Recent increases in earnings inequality have been described as "enormous." Is it that we are experiencing a unique shift toward greater inequality, or are we returning to a more normal state of affairs for the American economy? The recent availability of six decades of data together with...
Persistent link: https://www.econbiz.de/10014062989
This paper examines the variability of workers' earnings in Canada over the period 1982 1997. Using a large panel of tax file data, we decompose total variation in earnings across workers and time into a long-run inequality component between workers and an average earnings instability component...
Persistent link: https://www.econbiz.de/10013141387
household survey and conduct wage regressions to conclude whether individuals who perceive their wages as unfair earn … significantly lower wages than fairly paid individuals with similar characteristics. We find that unfairly paid individuals earn … significantly less than fairly paid counterparts. This suggests that unfairness perceptions with respect to wages are based on sound …
Persistent link: https://www.econbiz.de/10010201548