Showing 1 - 10 of 40,950
Persistent link: https://www.econbiz.de/10013460199
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the...
Persistent link: https://www.econbiz.de/10010228790
Employment and participation rates for US prime age women rose steadily during the second half of the 20th century. In … the last 30 years, however, those rates stagnated, even as employment and participation rates for women in other … barriers, such as limited investment in family policies, that may be holding back employment among American women today. The …
Persistent link: https://www.econbiz.de/10014437047
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the...
Persistent link: https://www.econbiz.de/10013071294
Due to scarcity considerations an increase in the supply of college graduates should reduce the premium for this kind of qualification. Therefore it seems quite contradictory that a tremendous educational expansion in the USA is accompanied by rising wage dispersion (overall and between...
Persistent link: https://www.econbiz.de/10003470547
This paper examines the relationship between real wages in the United States and productivity. The measure of … that real wages increase with increases in the capital stock and technical progress, and move inversely over business … cycles. However, the question of whether real wages are cyclical or countercyclical has not been confirmed by empirical …
Persistent link: https://www.econbiz.de/10014207660
This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a high-pressure economy during the preceding...
Persistent link: https://www.econbiz.de/10012924924
This paper explores the evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high-unemployment periods are mitigated by exposure to a high-pressure economy during the preceding...
Persistent link: https://www.econbiz.de/10011791237
This paper explores evidence for positive hysteresis in the labor market. Using data from the National Longitudinal Surveys of Youth, we find that negative labor market outcomes during high unemployment periods are mitigated by exposure to a high-pressure economy during the preceding expansion....
Persistent link: https://www.econbiz.de/10012852979
Persistent link: https://www.econbiz.de/10001600876