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An exploration of why workers in large cities are more highly paid than their rural counterparts. The authors decompose city-size wage differentials into the portion due to worker traits and the portion due to intercity differences in wage structures and find that differences in worker-attribute...
Persistent link: https://www.econbiz.de/10005360782
Has greater turbulence among firms fueled rising wage instability in the U.S.? We find strong support for the hypothesis that rising turbulence in the sales of large publicly-traded U.S. firms over the past three decades has raised their workers' high-frequency wage volatility. Through controls...
Persistent link: https://www.econbiz.de/10005131788
When economic activity slows down, labor markets may undergo extensive structural change-the permanent reallocation of workers across industries. Job losses can be heavy, and creating new jobs and retraining displaced workers to fill them can take time. A high degree of restructuring may help to...
Persistent link: https://www.econbiz.de/10005512145
The current recovery has seen steady growth in output but no corresponding rise in employment. A look at layoff trends and industry job gains and losses in 2001-03 suggests that structural change - the permanent relocation of workers from some industries to others - may help explain the stalled...
Persistent link: https://www.econbiz.de/10005512157
Recent concerns about the transfer of U.S. services jobs to overseas workers have deepened long-standing fears about the effects of trade on the domestic labor market. But a balanced view of the impact of trade requires that we consider jobs created through the production of U.S. exports as well...
Persistent link: https://www.econbiz.de/10005512182
A look at how the dwindling manufacturing base in the Midwest's 10 major metropolitan areas has transformed them into service centers for their surrounding communities, which have picked up many of the factory jobs that have left the cities.
Persistent link: https://www.econbiz.de/10005512897
Persistent link: https://www.econbiz.de/10005519660
How do the complex institutions involved in wage setting affect wage changes? The International Wage Flexibility Project provides new microeconomic evidence on how wages change for continuing workers. We analyze individuals' earnings in thirty-one different data sets from sixteen countries, from...
Persistent link: https://www.econbiz.de/10005420584
Has greater turbulence among firms fueled rising wage instability in the United States? Earlier research by Gottschalk and Moffitt shows that rising earnings instability was responsible for one-third to one-half of the rise in wage inequality during the 1980s. These growing transitory...
Persistent link: https://www.econbiz.de/10005420656
The authors examine 39 years of wage data for workers in mobile occupations within a set of employers in three midwestern cities. They study wage changes during years of rising, falling, and steady inflation to identify regularities that could broaden understanding of the inflationary process at...
Persistent link: https://www.econbiz.de/10005428192