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Persistent link: https://www.econbiz.de/10010221159
The received wisdom is that cheaper foreign inputs may replace tasks previously done by domestic labor, and cause displacement of workers at the home country. However, using the U.S. multinational enterprises data, the empirical evidence in this paper does not support the idea that the imported...
Persistent link: https://www.econbiz.de/10011952657
We examine the effects of endogenous offshoring on cost-efficiency, wages and unemployment in a taskassignment model … downward pressure on all wages through domestic skill-task reallocation. If elasticities of task substitution are low (high …), the downward pressure on wages in neighboring skill segments is low (high) with a net effect of higher (lower) wages and …
Persistent link: https://www.econbiz.de/10010480329
the macroeconomic level, we draw special attention to the important distinction between product and consumption wages … changes in the distribution of hourly wages between 1990 and 1997 and analyze the economic factors determining these changes …
Persistent link: https://www.econbiz.de/10011443093
Persistent link: https://www.econbiz.de/10001946076
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 …
Persistent link: https://www.econbiz.de/10003974544
We develop and estimate an equilibrium job search model of worker careers, allowing for human capital accumulation, employer heterogeneity and individual-level shocks. Career wage growth is decomposed into the contributions of human capital and job search, within and between jobs. Human capital...
Persistent link: https://www.econbiz.de/10010254832
An important underlying determinant of wage discrimination, as well as the gender wage gap is the way the labor market rewards individual physical attractiveness. This article surveys the extensive empirical literature of the effect of physical attractiveness on labor market outcomes. Particular...
Persistent link: https://www.econbiz.de/10010413089
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