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We document systematic differences in wage and earnings inequality between and within occupations and show that these differences are intimately related to systematic differences in labor supply across occupations. We then develop a variant of a Roy model in which earnings are a non-linear...
Persistent link: https://www.econbiz.de/10014372422
We model the labor market impact of the key provisions of the national and Massachusetts "mandate-based" health reforms: individual mandates, employer mandates, and subsidies. We characterize the compensating differential for employer-sponsored health insurance (ESHI) and the welfare impact of...
Persistent link: https://www.econbiz.de/10010482929
business cycle volatility, hinting at a stabilizing effect of public employment, while public wages correlate weakly and … positively with business cycle volatility, hinting at a destabilizing effect of public wages. To explain these relationships, we …
Persistent link: https://www.econbiz.de/10011480769
Persistent link: https://www.econbiz.de/10002937306
Persistent link: https://www.econbiz.de/10001719494
business cycle volatility, hinting at a stabilizing effect of public employment, while public wages correlate weakly and … positively with business cycle volatility, hinting at a destabilizing effect of public wages. To explain these relationships, we …
Persistent link: https://www.econbiz.de/10012989839
-frequency volatility in wages appears to be due to noise, rather than to variation in workers' preferences or market power …
Persistent link: https://www.econbiz.de/10009151809
The recent shift to remote work raised the amenity value of employment. As compensation adjusts to share the amenity-value gains with employers, wage-growth pressures moderate. We find empirical support for this mechanism in the wage-setting behavior of US employers, and we develop novel survey...
Persistent link: https://www.econbiz.de/10014278413
Persistent link: https://www.econbiz.de/10003334224
We examine the wage patterns of Canadian less skilled male workers over the last quarter century by organizing workers into job entry cohorts. We find entry wages for successive cohorts declined until 1997, and then began to recover. Wage profiles steepened for cohorts entering after 1997, but...
Persistent link: https://www.econbiz.de/10003902615