Showing 61 - 70 of 421,277
coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men …. Relative to uncovered workers, union-covered men are more likely to receive training and also receive more days of training. In … addition, union-covered men experience greater returns to training, and coveredtrained workers face a higher wage growth. While …
Persistent link: https://www.econbiz.de/10010261935
Becker?s theory of human capital predicts that minimum wages should reduce training investments for affected workers … because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor … markets, minimum wages tend to increase training of affected workers because they induce firms to train their unskilled …
Persistent link: https://www.econbiz.de/10010262588
In this paper we use important new training and wage data from the British Household Panel Survey to estimate the … impact of the national minimum wage (introduced in April 1999) on the work-related training of low-wage workers. We use two …-in-differences techniques for the period 1998 to 2000, we find no evidence that the introduction of the minimum wage reduced the training of …
Persistent link: https://www.econbiz.de/10010262627
Ljungqvist and Sargent (2017) (LS) show that unemployment fluctuations can be understood in terms of a quantity they call the "fundamental surplus." However, their analysis ignores risk premia, a force that Hall (2017) shows is important in understanding unemployment fluctuations. We show how...
Persistent link: https://www.econbiz.de/10012649569
Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of promotion and wage growth. We are the first to test the implications of this theory for over- and under-education by means of direct information about promotions to managerial...
Persistent link: https://www.econbiz.de/10012929528
market has become as volatile as the US one. -- search ; matching ; training ; firing costs ; productivity differentials …
Persistent link: https://www.econbiz.de/10003158646
Using U.S. Census microdata, the authors show that, on average, workers change occupation and industry less in more densely populated areas. The result is robust to standard demographic controls, as well as to including aggregate measures of human capital and sectoral mix. Analysis of the...
Persistent link: https://www.econbiz.de/10012706122
This paper documents the role of unemployment and earnings risk in reconciling evidence in payoff differentials between self-employment and paid-employment. Using Spanish administrative data, we characterize the distribution and dynamics of earnings and document lower and less dispersed earnings...
Persistent link: https://www.econbiz.de/10014543846
We present a Search and Matching model with heterogeneous workers (entrants and incumbents) that replicates the stylized facts characterizing the US and the Spanish labor markets. Under this benchmark, we find the Post-Match Labor Turnover Costs (PMLTC) to be the centerpiece to explain why the...
Persistent link: https://www.econbiz.de/10013318172
coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men …. Relative to uncovered workers, union-covered men are more likely to receive training and also receive more days of training. In … addition, union-covered men experience greater returns to training, and coveredtrained workers face a higher wage growth. While …
Persistent link: https://www.econbiz.de/10013320010