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The firm as the locus of social comparisons : internal labor markets versus up-or-out
Auriol, Emmanuelle; Friebel, Guido; Lammers, Frauke - 2012
We suggest a parsimonious dynamic agency model in which workers have status concerns. A firm is a promotion hierarchy … in which a worker's status depends on past performance. We investigate the optimality of two types of promotion … academia, comparing US with French economics departments. -- status ; promotion hierarchies ; incentives ; sorting …
Persistent link: https://www.econbiz.de/10009530691
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School effects and labor market outcomes for young adults in the 1980s and 1990s
Constant, Amelie; Konstantopoulos, Spyros - 2002
This study examines high school effects on the labor market success of young adults, above and beyond individual and family characteristics. We employ data from two longitudinal, nationally probability samples: the National Longitudinal Study and the High School and Beyond study and the 5th and...
Persistent link: https://www.econbiz.de/10011415557
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Skills substitutability and technological progress : U.S. states 1950-1990
Ciccone, Antonio; Peri, Giovanni - 2003
In this article we estimate the long-run aggregate elasticity of substitution between skilled and unskilled workers. This is an important parameter as it allows us to compute the skill biased technological progress (SBTP) from the evolution of relative wages. However, it is hard to estimate...
Persistent link: https://www.econbiz.de/10011509429
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Skills Substitutability and Technological Progress : U.S. States 1950-1990
Ciccone, Antonio; Peri, Giovanni - 2021
In this article we estimate the long-run aggregate elasticity of substitution between skilled and unskilled workers. This is an important parameter as it allows us to compute the skill biased technological progress (SBTP) from the evolution of relative wages. However, it is hard to estimate...
Persistent link: https://www.econbiz.de/10013319786
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Hedonic wage equilibrium : theory, evidence and policy
Kniesner, Thomas J.; Leeth, John D. - 2010
We examine theoretically and empirically the properties of the equilibrium wage function and its implications for policy. Our emphasis is on how the researcher approaches economic and policy questions when there is labor market heterogeneity leading to a set of wages. We focus on the application...
Persistent link: https://www.econbiz.de/10008688722
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Do wages really compensate for risk aversion and skewness affection?
Hartog, Joop; Vijverberg, Wim P. M. - 2002
Utility theory suggests that foreseeable risk should increase the compensation for work. This paper expands on this notion: on basis of utility theory, people should care not only about risk but also about the skewness in the distribution of the compensation paid. In particular, because the...
Persistent link: https://www.econbiz.de/10011405939
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A structural analysis of the correlated random coefficient wage regression model
Belzil, Christian; Hansen, Jörgen - 2002
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...
Persistent link: https://www.econbiz.de/10011411668
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The effects of employer-sponsored health insurance premiums on employment and wages : evidence from US longitudinal data
Ciccarelli, Nicola - In: Review of Economic Analysis : REA 12 (2020) 1, pp. 89-127
We analyze the effect of employer-sponsored health insurance premiums on employment and annual wages in the US using a county-level panel dataset for the period 2005-2010. Using variation in medical malpractice payments and variation in medical malpractice legislation over time and within states...
Persistent link: https://www.econbiz.de/10012269141
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Country of origin, earnings convergence, and human capital investment : a new method for the analysis of U.S. immigrant economic assimilation
Duleep, Harriet Orcutt; Liu, Xingfei; Regets, Mark C. - 2018
The initial earnings of U.S. immigrants vary enormously by country of origin. Via three interrelated analyses, we show earnings convergence across source countries with time in the United States. Human-capital theory plausibly explains the inverse relationship between initial earnings and...
Persistent link: https://www.econbiz.de/10012130585
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The Effects of Employer-Sponsored Health Insurance Premiums on Employment and Wages : Evidence from US Longitudinal Data
Ciccarelli, Nicola - 2020
We analyze the effect of employer-sponsored health insurance premiums on employment and annual wages in the US using a county-level panel dataset for the period 2005-2010. Using variation in medical malpractice payments and variation in medical malpractice legislation over time and within states...
Persistent link: https://www.econbiz.de/10014101693