Showing 1 - 10 of 47,133
a randomized field experiment with workers on Amazon's Mechanical Turk. The results provide evidence that wage increases …
Persistent link: https://www.econbiz.de/10011418892
a randomized field experiment with workers on Amazon's Mechanical Turk. The results provide evidence that wage increases …
Persistent link: https://www.econbiz.de/10011450669
of couples' commuting, wages, labor supply, and consumption. Using data from the PSID for the years 2011-2019, results … indicate a positive and highly significant correlation between wages and commuting when analyzed cross-sectionally. However …, changes in wages and commuting over an individual's life cycle are not related. Additionally, commuting appears to be …
Persistent link: https://www.econbiz.de/10014581485
), caused by the coexistence of both full- and part-time wage rates, and makes wages fully endogenous to the labor supply choice …
Persistent link: https://www.econbiz.de/10011576568
Income Dynamics (PSID) für die USA zeigen, dass sowohl Lohn- als auch Stundenshocks eine wichtige Rolle für die Erklärung der …
Persistent link: https://www.econbiz.de/10011911518
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...
Persistent link: https://www.econbiz.de/10012145317
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...
Persistent link: https://www.econbiz.de/10012160640
Wage growth occurs almost exclusively in full-time work, whereas it is close to zero in part-time work. German women, when asked to predict their own potential wage outcomes, show severely biased expectations with strong over-optimism about the returns to part-time experience. We estimate a...
Persistent link: https://www.econbiz.de/10014495723
Heterogeneous-agent New Keynesian models with sticky nominal wages usually assume that wage-setting unions demand the …, wages and inflation to monetary policy shocks becomes notably less pronounced. This attenuation reflects that hours worked … modification substantially lowers the effective stickiness of nominal wages, resulting in markedly different wage and inflation …
Persistent link: https://www.econbiz.de/10014467926
Considering the contribution of the distribution of individual wages and earnings to that of household incomes we find …
Persistent link: https://www.econbiz.de/10010360090