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Reconciling the divergence in aggregate US wage series
Champagne, Julien; Kurmann, André; Stewart, Jay Charles - 2016
According to data from the Labor Productivity and Costs (LPC) program, average hourly real compensation in the United States has grown consistently over time and become markedly more volatile since the mid-1980s. By contrast, data from the Current Employment Statistics (CES) imply that average...
Persistent link: https://www.econbiz.de/10011452713
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Compensating differentials for occupational health and safety risks : implications of recent evidence
Kniesner, Thomas J.; Viscusi, W. Kip - 2022
The most enduring measure of how individuals make personal decisions affecting their health and safety is the compensating wage differential for job safety risk revealed in the labor market via hedonic equilibrium outcomes. The decisions in turn reveal the value of a statistical life (VSL), the...
Persistent link: https://www.econbiz.de/10013168073
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Compensating wage differential and value of statistical life : a meta-analysis
Majumder, Agamoni; Madheswaran, S. - In: The Indian journal of labour economics : a quarterly … 60 (2017) 4, pp. 527-548
Persistent link: https://www.econbiz.de/10012249162
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Imports and Wage Inequality, Reexamined
Mancuso Tradenta, Julio; Tombazos, Christis G.; Yang, … - 2021
The pattern of U.S. imports has changed dramatically in recent decades, mainly because of an unprecedented rise in imports from China. This new pattern has coincided with a resurgence of increasing wage inequality between high-skill and low-skill labor which has reignited a long-standing...
Persistent link: https://www.econbiz.de/10013214189
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Where did good jobs go? : Acemoglu and Marx on induced (skill replacing) technical change
Ertürk, Korkut A. - 2019
The paper lays out a hypothesis about the effect global oversupply of labor had on induced technological change, clarifying how it might have contributed to the demand reversal for high skill workers and other recent observed trends in technological change in the US. The argument considers the...
Persistent link: https://www.econbiz.de/10011959909
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Wage Rigidity, Collective Bargaining and theMinimum Wage:Evidence from French Agreement Data
Avouyi-Dovi, Sanvi; Fougère, Denis; Gautier, Erwan - Institut zur Zukunft der Arbeit <Bonn> - 2011
on wage stickiness and the impact of wage-settinginstitutions on wage rigidity. First, the average duration of wages is a … little less than one yearand around 10 percent of wages are modified each month by a wage agreement. Datapatterns are …
Persistent link: https://www.econbiz.de/10009353901
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Production Synergies, Technology Adoption, Unemployment, and Wages
Eudey, Gwen; Molico, Miguel - 2015
Recent empirical work reveals considerable heterogeneity in the use of technologies within industries, suggesting technology adoption depends on factors other than industry type. We present a model in which the factors that lead to heterogenous technology adoption play a key economic role in...
Persistent link: https://www.econbiz.de/10014127270
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Why are migrants paid more?
Bryson, Alex; Simmons, Robert; Rossi, Giambattista - 2012
Persistent link: https://www.econbiz.de/10009570637
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Accounting for big city growth in low paid occupations : immigration and/or service class consumption
Gordon, Ian; Kaplanis, Ioannis - 2012
Persistent link: https://www.econbiz.de/10009546649
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Distribution and growth in an economy with limited needs
Saint-Paul, Gilles - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … employment in the material goods sector. International trade may reduce wages in poor countries and increase them in rich …
Persistent link: https://www.econbiz.de/10011398011