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We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...
Persistent link: https://www.econbiz.de/10012388100
Fracking innovations revolutionized the United States oil and gas industry and facilitated a boom in energy production in states with oil and gas resources. This paper examines effects of oil and gas booms within a state on individual employment and earnings. To account for endogenous migration...
Persistent link: https://www.econbiz.de/10012149210
change on wages. The narrative describes technological change as allowing for the increased codification of routine tasks … constant measures of occupational task requirements. That approach is unable to explore how wages respond to the time variant …
Persistent link: https://www.econbiz.de/10011262871
one hand, the payment of social replacement incomes makes wages sticky, preventing the gains from trade, causing mass …
Persistent link: https://www.econbiz.de/10005022521
recently experienced unemployment spell have disadvantages in terms of wages compared to those who remained employed throughout …
Persistent link: https://www.econbiz.de/10009322944
-level panel data from the Survey of Health, Ageing and Retirement in Europe to estimate a system of equations for health, wages … that for all country groups, the mediating role of wages in the health-employment nexus is relatively small while the …
Persistent link: https://www.econbiz.de/10010815209
finds that decoupling has been overstated and cannot be used to justify redressing the balance between wages and profits … education distribution will boost productivity and real wages. …
Persistent link: https://www.econbiz.de/10010721423
I use the American Community Survey to examine how college earnings premiums differ across small metropolitan statistical areas (MSAs) in the U.S. I document that the West North Central Division (Plains Region) has especially low average college earnings premiums. Controlling for observable MSA...
Persistent link: https://www.econbiz.de/10012389474
paper presents a new approach to the analysis of the relationship between immigration and wages based on a panel vector … autoregression (VAR). The VAR analysis of a panel of US states shows that immigration does not have a significant effect on wages or … internal migration. By contrast, wages do affect immigration: a 10 percent increase in wages causes up to a 20 percent increase …
Persistent link: https://www.econbiz.de/10014195335
potential for wage-push inflation. However, real wages are falling rapidly at present and, prior to that, real wages had been …
Persistent link: https://www.econbiz.de/10014078744