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This study utilizes data from the National Youth Survey to reevaluate key conclusions made by Fair (1978). While Fair (1978) used data collected from mail-in surveys, the National Youth Survey was collected using standard probability techniques. This paper also extends Fair (1978), by including...
Persistent link: https://www.econbiz.de/10008784416
This paper provides new evidence on the male female wage gap in academia. Using unique data from the economics discipline, we estimate a human-capital based model to explore the nature of wage differentials among male and female economics professors. Results indicate the salary gap varies across...
Persistent link: https://www.econbiz.de/10008784673
microeconomic data for more than 100,000 European individuals, the results show that welfare regimes make a difference for wages and … regional interpersonal income and educational inequality, also influence wages and education in different ways across welfare …
Persistent link: https://www.econbiz.de/10008784878
Questionable methods for increasing nominal wages reduce real wages (i.e., buying power) by creating inflation …, shortages, lower quality, and long-term unemployment. To increase real wages (i.e., the ability to buy more), economic … increasing the value of output (i.e., greater customer benefits) through innovation. Beyond increasing real wages, innovation …
Persistent link: https://www.econbiz.de/10008788161
I use data from the ECHP to assess the effects of adult training on individual labour market performance. Although I find that employee training has a clear impact on wage growth only in the case of young or highly educated employees, it appears to have a stronger impact on employment security...
Persistent link: https://www.econbiz.de/10008790548
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing … importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an … important driver of wages, since the wage response to trade is small. Moreover, in line with the Stolper-Samuelson reasoning …
Persistent link: https://www.econbiz.de/10008645002
The paper traces the Baltics’ adjustment strategy during the 2008-09 global financial crisis. The abrupt end to the externally-financed domestic demand boom triggered a severe output collapse, bringing per capita income levels back to 2005/06 levels. In response to this shock, the Baltics...
Persistent link: https://www.econbiz.de/10008671289
concordance. We apply this descriptive measure by exploring the relationship between wages and labour productivity in Slovenia for … the period 1998–2007. We are able to confirm the hypothesis of high concordance between wages and labour productivity …, which indicates a stimulative role of wages in production of market traded goods and services. …
Persistent link: https://www.econbiz.de/10008674262
-known explanation is that resource endowments in Africa favour land not labour, which results in high wages, especially in comparison … demonstrate that the lack of competitiveness of manufacturing industries is not caused by high wages. Assuming a direct …
Persistent link: https://www.econbiz.de/10008674627
This paper aims to examine the impact of type of pension scheme on retirement behavior. Section 1 describes a simple, theoretical model of optimal retirement. Section 2 introduces an empirical model of a simple retirement savings plan, or defined contribution pension scheme. Section 3 compares...
Persistent link: https://www.econbiz.de/10008676669