This paper analyzes the relationship between maternal labor supply and children's cognitive development using a sample of three- and four-year-old children of female respondents from the 1986 National Longitudinal Survey Youth Cohort. Maternal employment is found to have a negative impact when...

We analyse a 1960-96 panel of OECD countries to explain why the US has moved from relatively high to relatively low unemployment over the last three decades. We find that while macroeconomic and demographic shocks and changing labor market institutions explain a modest portion of this change,...

This article investigates racial differences in 1985-86 salaries of individual professio nal basketball players. White and black players earn similar mean com pensation; however, controlling for a variety of productivity and mar ket-related variables and for the endogeneity of player draft...

This article builds and tests a model of the impact of a firm's bankruptcy probability on its propensity to offer deferred compensation schemes. Using 1983 Current Population Survey data, the authors find that, ceteris paribus, lower failure rates raise the incidence of pensions for nonunion...

Previous research has found that union standard rate policies lower the dispersion of union wages and that unions indirectly raise nonunion wage levels, as firms weigh the probability of unionizing and wage costs. These two findings imply that unions lower the dispersion of nonunion wages since,...

This paper studies collective bargaining and industry wage levels using microdata and quantile regression techniques for the United States, Britain, West Germany, Austria, Sweden, and Norway for the 1980s. The United States has higher industry wage differentials and union wage effects than other...

This paper shows that, under constant returns to scale and free entry, customer discrimination, unlike employer or employee discrimination, can cause long-run wage differentials. The general equilibrium impact of affirmative action policies on wages, productivity, and unemployment is contrasted...