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This article examines the relationship between performance-based pay and widening wage inequality using data from the Employer Costs for Employee Compensation (ECEC). The results suggest that jobs using performance-based pay have made only a modest contribution to increased inequality during the...
Persistent link: https://www.econbiz.de/10011098993
The authors estimate inter-industry wage differentials using the Bureau of Labor Statistics's National Compensation Survey (NCS) dataset. The NCS dataset has a number of distinct advantages over household survey datasets typically used for this purpose, in part because its establishment data...
Persistent link: https://www.econbiz.de/10011127448
We address basic questions about performance-related pay in the US. How widespread is it? What characteristics of employers and jobs are associated with it? What are recent trends in its incidence? What factors are responsible for these trends? Nearly two-fifths of hours worked in the US economy...
Persistent link: https://www.econbiz.de/10010786139
Persistent link: https://www.econbiz.de/10005269879
Are state and local government workers overcompensated? In this paper, we step back from the highly charged rhetoric and address this question with the two primary data sources for looking at compensation of state and local government workers: the Current Population Survey conducted by the...
Persistent link: https://www.econbiz.de/10009646265
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This paper assesses the relative contribution of the public and private sectors, through their employment and wages, to the black/white wage convergence that occurred in the U.S. economy over the 1963–92 period. Applying standard decomposition methods to Current Population Survey data,...
Persistent link: https://www.econbiz.de/10011138180
This paper documents changing inequality in employer-provided fringe benefits in the United States using much more comprehensive data than previously available. Inequality growth in broader measures of compensation slightly exceeds wage inequality growth over the 1981-1997 period. Employer costs...
Persistent link: https://www.econbiz.de/10005690607
Self-employed workers are less likely to be affected by implicit contracts, efficiency wages, and other forces that mute wage cyclicality and exacerbate employment cyclicality. This observation motivates the authors' comparison of the cyclical experience of the self-employed with 'wage and...
Persistent link: https://www.econbiz.de/10005781387