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The paper explores the relation between wages, wage differentials and, the level and structure of unemployment within a wage bargaining model. There are two types of individuals: skilled and unskilled. The bargained wage of each group depends on the respective replacement rate and determines...
Persistent link: https://www.econbiz.de/10014143856
We use household panel data to explore the wage returns associated with training incidence and intensity (duration) for British employees. We find these returns differ depending on the nature of the training; who funds the training; the skill levels of the recipient (white or blue collar); the...
Persistent link: https://www.econbiz.de/10013146477
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
We use household panel data to explore the wage returns associated with training incidence and intensity (duration) for British employees. We find these returns differ depending on the nature of the training; who funds the training; the skill levels of the recipient (white or blue collar); the...
Persistent link: https://www.econbiz.de/10003942328
This research presents evidence on how the impact of industry concentration and unionism affect the Portuguese wage levels. The influence of employer association is also considered. We use sector information - two-digit level disaggregation of "Classificação das Actividades Económicas" -, and...
Persistent link: https://www.econbiz.de/10011870141
The paper aims to identify the effect of non-standard employment on wages in the Turkish labour market across gender and decompose the gap to understand the role of endowments and returns in generating the earning differences. Our findings show that non-standard employment reduces wages for...
Persistent link: https://www.econbiz.de/10012286183
According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater the investment in general training. Using data from...
Persistent link: https://www.econbiz.de/10012444200
The paper aims to identify the effect of non-standard employment on wages in the Turkish labour market across gender and decompose the gap to understand the role of endowments and returns in generating the earning differences. Our findings show that non-standard employment reduces wages for...
Persistent link: https://www.econbiz.de/10012823929
We study a critical driver of future wages: peers. Using linked employer-employee data for Italy, we explore peer effects in two directions. First, using a novel estimation method and accounting for the endogenous sorting of workers into peer groups and firms, we estimate the impact of the...
Persistent link: https://www.econbiz.de/10013294561
We argue that productive firms share rents with workers only in occupations where workers have individual hold-up power. We present a model of wage determination where firms produce using a novel generalization of Kremer (1993)'s O-ring production function. Workers have individual hold-up power...
Persistent link: https://www.econbiz.de/10013295449