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We make use of predicted social and civic activities (social capital) to account for selection into "social" occupations. Individual selection accounts for more than the total difference in wages observed between social and nonsocial occupations. The role that individual social capital plays in...
Persistent link: https://www.econbiz.de/10011558187
After a decade in which wages and employment fell precipitously in low-skill occupations and expanded in high-skill occupations, the shape of U.S. earnings and job growth sharply polarized in the 1990s. Employment shares and relative earnings rose in both low and high-skill jobs, leading to a...
Persistent link: https://www.econbiz.de/10010271316
Models in which employers learn about the productivity of young workers, such as Altonji and Pierret (2001), have two principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second, the coefficient on a variable that employers...
Persistent link: https://www.econbiz.de/10010271377
We offer an integrated explanation and empirical analysis of the polarization of U.S. employment and wages between 1980 and 2005, and the concurrent growth of low skill service occupations. We attribute polarization to the interaction between consumer preferences, which favor variety over...
Persistent link: https://www.econbiz.de/10010291446
How valuable are cognitive and social abilities for entrepreneurs' incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do different cognitive abilities (e.g. math ability,...
Persistent link: https://www.econbiz.de/10003796310
Models in which employers learn about the productivity of young workers, such as Altonji and Pierret (2001), have two principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second, the coefficient on a variable that employers...
Persistent link: https://www.econbiz.de/10003974544
How valuable is education for entrepreneurs' performance as compared to employees'? What might explain any differences? And does education affect peoples' occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that education...
Persistent link: https://www.econbiz.de/10003926421
Based on longitudinal data (CNEF 1980-2010) the paper analyzes the structuring effects of individual and family background characteristics on occupational preferences, and the influence of occupational segregation on gender wage differentials in Germany, Great Britain, and the United States....
Persistent link: https://www.econbiz.de/10009681466
I examine the effect of English language proficiency on the occupational choices of childhood immigrants into the United States. In particular, I focus on the annual earnings and skills composition associated with immigrants' chosen occupations. Following Bleakley and Chin (2004; 2010), I use an...
Persistent link: https://www.econbiz.de/10013072219
This paper studies the occupational selection among generations of immigrants in the United States and links their choices to the occupational wage distribution in their country of origin. The empirical results suggest that individuals are more likely to take up an occupation in the US that was...
Persistent link: https://www.econbiz.de/10012299919