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Becker?s theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10010262588
With few exceptions, past research on the glass ceiling has assumed that the barriers to women’s advancement in organizations reflect sex differences in internal promotion processes. This assumption, however, has never before been the subject of close scrutiny. We examine sex differences in...
Persistent link: https://www.econbiz.de/10009580342
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10011404043
Today workers change jobs more frequently than in the past and worker knowledge about production has become a valuable commodity. As a result, the issue of who owns workers' knowledge has become highly contentious. In the United States, there has been an explosion of litigation and disputes over...
Persistent link: https://www.econbiz.de/10012760759
Using U.S. Census microdata, the authors show that, on average, workers change occupation and industry less in more densely populated areas. The result is robust to standard demographic controls, as well as to including aggregate measures of human capital and sectoral mix. Analysis of the...
Persistent link: https://www.econbiz.de/10012706122
Are there long-term labor consequences in migrating to the US during a recession? For most immigrants, credibly estimating this effect is difficult because of selective migration. Some immigrants may not move if economic conditions are not favorable. However, identification is possible for...
Persistent link: https://www.econbiz.de/10012415890
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013332099
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013334527
In direct contrast to conventional wisdom and most economic models of gender differences in age of marriage, we present robust evidence that men and women who are married to differently-aged spouses are negatively selected. Earnings analysis of married couples in the 1970, 1980, 1990 and 2000...
Persistent link: https://www.econbiz.de/10010286302
Estimation of the causal effect of parental migration on children's educational attainment is complicated by the fact that migrants and non-migrants are likely to differ in unobservable ways that also affect children's educational outcomes. This paper suggests a novel way of addressing this...
Persistent link: https://www.econbiz.de/10010287686