principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second … growth in the variance of residual wages over the first ten years of the worker's career are also the occupations with high …

We study the effect of bank merger deregulation on market structure and wages in the banking industry. We show that … state deregulation of bank mergers and acquisitions increased the market share of large, multi-state banks and lowered wages …. Deregulation had no measurable effect on employment within the banking industry, and no direct effect on banking …

In the US labor market the average black worker is exposed to a lower employment rate and earns a lower wage compared … the distribution of workers' skill. In particular, they argue that black-white wage and employment gaps are smaller for … prejudice is quantitatively more important than skill differences to explain wage and employment gaps. In the final section of …

The major contribution of this paper is ending a new and flexible way to measure the effects of selection on log-wages … call the difference between unconditional and conditional expectations of the log-wages a generalized selection bias (GSB …) when the two expectations are measured using the estimates from the joint estimation of the whole model (log-wages and …