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Firms and labor market inequality : evidence and some theory
Card, David E.; Cardoso, Ana Rute; Heining, Jörg; … - 2016
more direct link between these two phenomena. The first examines how wages are affected by differences in employer ….5% increase in wages. A second literature focuses on firm-specific wage premiums, using the wage outcomes of job changers. This … effects contribute approximately 20% of the overall variance of wages. To interpret these findings, we develop a model where …
Persistent link: https://www.econbiz.de/10011455793
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Firms and labor market inequality : evidence and some theory
Card, David E.; Cardoso, Ana Rute; Heining, Jörg; … - 2016
more direct link between these two phenomena. The first examines how wages are affected by differences in employer ….5% increase in wages. A second literature focuses on firm-specific wage premiums, using the wage outcomes of job changers. This … effects contribute approximately 20% of the overall variance of wages. To interpret these findings, we develop a model where …
Persistent link: https://www.econbiz.de/10011489854
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The GED
Heckman, James J.; Humphries, John Eric; Mader, Nicholas S. - 2010
The General Educational Development (GED) credential is issued on the basis of an eight hour subject-based test. The test claims to establish equivalence between dropouts and traditional high school graduates, opening the door to college and positions in the labor market. In 2008 alone, almost...
Persistent link: https://www.econbiz.de/10003969747
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Noncognitive skills in economics : models, measurement, and empirical evidence
Thiel, Hendrik; Thomsen, Stephan L. - 2009
There is an increasing economic literature considering personality. This paper provides an overview on the role of these skills regarding three main aspects of economic analysis: measurement, theoretical modeling, and empirical estimates. Based on the relevant literature from different...
Persistent link: https://www.econbiz.de/10003903035
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Noncognitive skills in economics : models, measurement, and empirical evidence
Thiel, Hendrik; Thomsen, Stephan L. - 2011 - Revised version: November 15, 2011
There is an increasing economic literature considering personality traits as a source of individual differences in labor market productivity and other outcomes. This paper provides an overview on the role of these skills regarding three main aspects: measurement, development over the life...
Persistent link: https://www.econbiz.de/10009424169
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Modern models of monopsony in labor markets : a brief survey
Ashenfelter, Orley; Farber, Henry S.; Ransom, Michael R. - 2010
This brief survey contains a review of several new empirical papers that attempt to measure the extent of monopsony in labor markets. As noted originally by Joan Robinson, monopsonistic exploitation represents the gap between the value of a worker's marginal product and the worker's wage, and it...
Persistent link: https://www.econbiz.de/10003959985
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The empirics of agglomeration economies
Combes, Pierre-Philippe; Gobillon, Laurent - 2014
We propose an integrated framework to discuss the empirical literature on the local determinants of agglomeration effects. We start by presenting the theoretical mechanisms that ground individual and aggregate empirical specifications. We gradually introduce static effects, dynamic effects, and...
Persistent link: https://www.econbiz.de/10010410395
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CEO compensation
Frydman, Carola; Jenter, Dirk - 2010
This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay. Others...
Persistent link: https://www.econbiz.de/10008797772
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Fostering and measuring skills : interventions that improve character and cognition
Heckman, James J.; Kautz, Tim - 2013
This paper reviews the recent literature on measuring and boosting cognitive and noncognitive skills. The literature establishes that achievement tests do not adequately capture character skills – personality traits, goals, motivations, and preferences that are valued in the labor market, in...
Persistent link: https://www.econbiz.de/10010221678
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Microentrepreneurship in developing countries
Jayachandran, Seema - 2020
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in low-income countries. Major themes in the literature include the determinants and consequences of joining the formal sector; the impacts of access to credit and other financial...
Persistent link: https://www.econbiz.de/10012162647