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Acemoglu, Daron; Pischke, Jörn-Steffen - 2001

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

Are immigrants favorably self-selected? : an economic analysis

Chiswick, Barry R. - 2000

the primary focus is on international migration, reference is made to internal migration and return migration. The … favorable selectivity is more intense the greater the out-of-pocket (direct) costs of migration and return migration, the … greater the effect of the higher level of ability on lowering the costs of migration, and the smaller the relative skill …

Persistent link: https://www.econbiz.de/10011325988

What do data on millions of US workers reveal about life-cycle earnings risk?

Guvenen, Fatih; Karahan, Fatih; Ozkan, Serdar; Song, Jae - 2015

We study the evolution of individual labor earnings over the life cycle, using a large panel data set of earnings histories drawn from U.S. administrative records. Using fully nonparametric methods, our analysis reaches two broad conclusions. First, earnings shocks display substantial deviations...

Persistent link: https://www.econbiz.de/10010482953

U.S. long-term earnings outcomes by sex, race, ethnicity, and place of birth

McKinney, Kevin L.; Abowd, John M.; Janicki, Hubert P. - In: Quantitative economics : QE ; journal of the … 13 (2022) 4, pp. 1879-1945

This paper is part of the Global Repository of Income Dynamics (GRID) project cross‐country comparison of earnings inequality, volatility, and mobility. Using data from the U.S. Census Bureau's Longitudinal Employer‐Household Dynamics (LEHD) infrastructure files, we produce a uniform set of...

Persistent link: https://www.econbiz.de/10014306334

Glass ceilings and glass doors : internal and external hiring in an organizational hierarchy

Fernandez, Roberto M.; Abraham, Mabel Botelho - 2011

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

The causes and economic consequences of envy

Cabrales, Antonio - In: SERIEs : Journal of the Spanish Economic Association 1 (2010) 4, pp. 371-386

In this lecture I first give an explanation for invidious preferences based on the (evolutionary) competition for resources. Then I show that these preferences have wide ranging and empirically relevant effects on labor markets, such as: workplace skill segregation, gradual promotions, wage...

Persistent link: https://www.econbiz.de/10009355901

Common ownership, competition, and top management incentives

Antón, Miguel; Ederer, Florian; Giné, Mireia; … - 2016

We show theoretically and empirically that executives are paid less for their own firm's performance and more for their rivals' performance if an industry's firms are more commonly owned by the same set of investors. Higher common ownership also leads to higher unconditional total pay. We...

Persistent link: https://www.econbiz.de/10011561142

Wage rigidity and job creation

Häfke, Christian; Sonntag, Marcus; Rens, Thijs van - 2009

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume wages are rigid. We explore whether this explanation is consistent with the data. We show that the wage of newly hired workers, unlike the aggregate wage, is volatile and...

Persistent link: https://www.econbiz.de/10003827155

Big fish in small pond or small fish in big pond? : An analysis of job mobility

Cardoso, Ana Rute (contributor) - 2005

The statement that individuals care for status and for their position within a hierarchy has been subject to sparse economic analysis. I check this assertion by analyzing wages and status within the firm, with status measured as the worker rank in the firm wage hierarchy. More precisely, I focus...

Persistent link: https://www.econbiz.de/10003229296

Learning but not earning? : The value of job corps training for Hispanic youths

Flores-Lagunes, Alfonso (contributor); … - 2005

The National Job Corps Study (NJCS) was a four-year longitudinal social experiment that randomized over 15,000 Job Corps eligible applicants into treatment and control groups. Experimental estimators revealed a positive impact of Job Corps training in the weekly earnings of white and black...

Persistent link: https://www.econbiz.de/10002995299

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