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to the wages of older workers and the structure of wages more generally as the population ages has potentially important … solution depends, in part, on the wage rates that older workers command in labor markets. If the wages of older workers fall as …
Persistent link: https://www.econbiz.de/10011662583
first six waves of the British Household Panel Survey. We show that much of the residual variation in wages can be explained … of our findings is that wages are determined principally by individual characteristics - as human capital theory …
Persistent link: https://www.econbiz.de/10011532068
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labor, wages were increasing disproportionately both for low- and highskilled labor whereas employment trends were favoring … institutions were holding up relative wages of low-skilled labor which accounts for the disproportionate increase of unemployment …
Persistent link: https://www.econbiz.de/10009620805
This paper analyses the wage premia associated with workers' occupational use of foreign languages in Germany. After eliminating time-invariant unobserved heterogeneity and other confounding factors, sizable returns of about 10 percent to applying fluent English skills are found. Returns to...
Persistent link: https://www.econbiz.de/10010192306
In explaining wage or income by personal attributes (e.g. educational attainment, age, and ethnicity) in a regression model, many researchers choose to use the log of wage or income as the dependent variable and then to estimate the unknown coefficients by some version of the least-squares...
Persistent link: https://www.econbiz.de/10010400717
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Job levels summarize the complexity, autonomy, and responsibility of task execution. Conceptually, job levels are related to the organization of production, are distinct from occupations, and can be constructed from data on task execution. We highlight their empirical role in matched...
Persistent link: https://www.econbiz.de/10014284588