Multiple jobholding has declined in the United States during the past two decades. Data from the Current Population Survey show that the trend reflects a lower propensity to moonlight among single jobholders. Multiple jobholders on the other hand did not become more likely to return to single...

This paper proposes a new framework to empirically assess the effects of the minimum wage in a developing country. This approach allows me to jointly estimate the effects of the minimum wage on unemployment, average wages, (formal to informal) sector mobility, wage inequality, the size of the...

How does access to public equity markets affect real outcomes? We examine the human capital of IPO-filing firms and how going public affects their labor force. While IPO-filing firms have high average wages and limited industrial diversification, a success-ful IPO increases departures of...

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...

Labor market studies on the effects of minimum wages are typically confined to the sector or worker group directly affected. We present a two-sector search model in which one sector is more productive than the other one and thus, pays higher wages. In such a framework, setting a minimum wage in...

This paper investigates wage inequality and wage mobility in Turkey using the Surveys on Income and Living Conditions (SILC). This is the first paper that explores wage mobility for Turkey. It differs from the existing literature by providing analyses of wage inequality and wage mobility over...

This paper investigates wage inequality and wage mobility in Turkey using the Surveys on Income and Living Conditions (SILC). This is the first paper that explores wage mobility for Turkey. It differs from the existing literature by providing analyses of wage inequality and wage mobility over...

We study how R&D-driven firm innovation and capital structure interact in a tradeoff model allowing for inventor mobility, innovation strategy switches, and limited failure tolerance. Debt use reduces firms' acquirable R&D benefits by hurting their ability to attract inventive human capital....

At least as early as the ancient Olympic games, athletes have traveled to engage in competition. Participation in the games was so revered that military truces were enacted to secure the safety of spectators and athletes alike. In modern times, we can look to the holding of the first modern...