Observing the current wage at a job may not fully reflect the value of that job. For example, a job with a low starting wage may be preferred to a high starting wage job if the growth rate of wages in the former exceeds the latter. In fact, differences in wage growth can potentially explain why...

Two radically different descriptions of immigrant earnings trajectories in the U.S. have emerged. One asserts that immigrant men following the 1965 Immigration and Nationality Act have low initial earnings and high earnings growth. Another asserts that post-1965 immigrants have low initial...

It is an overarching and persistent fact that job creation in the Indian manufacturing sector has fallen short of the growth in the workforce. The successive governments since 2009 onwards have attempted to initiate policies to enhance the growth in employment along with quality of jobs in the...

Based on extensive survey work throughout the country carried out in 2002 and 2003, the paper presents a survey of female labour activity and remuneration in rural Afghanistan. In more than half the groups surveyed, women contribute to income-generating activities. The percentage is larger, but...

The discount rate is a key determinant of investments in human capital and occupational choice. Individuals who are less future oriented - i.e. have a higher discount rate - are less likely to invest in human capital and hence more likely to select into careers with lower and flatter earnings...

Using panel data taken from the NLSY, I perform the joint estimation of i) a reduced-form dynamic model of the transition from one grade level to the next with observed and unobserved heterogeneity, and ii) a flexible version of the celebrated Mincerian wage equation with skill heterogeneity,...

This study analyses the relationship between minimum wages, average wages and employment in the Greek private sector throughout the past decade, using published IKA data on employment and wages, as well as data on minimum statutory wages. It appears that minimum wages affect a substantial...

As recent efforts to reform immigration policy at the federal level have failed, states have started to take immigration matters into their own hands and researchers have been paying closer attention to state dynamics surrounding immigration policy. Yet, to this date, there is not a clear...

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...

This paper investigates the sources of wage growth over the life cycle, where individuals have the possibility to acquire vocational training at the start of their career. Wage growth is determined by sectoral and firm mobility, unobserved ability and the accumulation of human capital. Workers...