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than wage dispersion, due to a rise in the correlation between wages and hours worked. Over the same period, inequality in …-sectional distributions of hours worked, consumption and earnings. From 1967 to 1996 cross-sectional dispersion of earnings increased more …
Persistent link: https://www.econbiz.de/10005656181
Data on the life-cycle profiles of inequality in wages, earnings, hours worked and consumption contains precious …
Persistent link: https://www.econbiz.de/10005662083
This paper analyses the welfare effects of changes in cross-sectional wage dispersion, using a class of tractable … productive workers. We find that the observed rise in wage dispersion in the United States over the past three decades implies a …
Persistent link: https://www.econbiz.de/10005123728
equilibrium joint distribution over wages, hours and consumption. With these expressions in hand, we show that all the structural … wages and hours, and cross-sectional data on consumption. We estimate the model on CEX and PSID data for the U.S. economy …
Persistent link: https://www.econbiz.de/10005114147
imports, and an ambiguous literature on immigration which implies a small overall impact on the wages of the average native …
Persistent link: https://www.econbiz.de/10005123580
unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a … variety of data sets, we examine the implications of the model for the relationship between the employment and wages of …
Persistent link: https://www.econbiz.de/10005666977
In contrast to the United States or the United Kingdom where union status is generally tied to the job, the typical unionized worker in Germany is a member of an industry union and there is no direct institutional link between union membership and the worker's wage. Using micro data from the...
Persistent link: https://www.econbiz.de/10005792011
substantiate the union’s claim of ‘full wage compensation’, however: reductions in standard hours were accompanied by a relative …
Persistent link: https://www.econbiz.de/10005114354
We present identification and estimation results for the 'collective' model of labour supply in which there are … approach are not. The estimates of the sharing rule show that wages have a strong influence on bargaining power within couples. …
Persistent link: https://www.econbiz.de/10005504396
This paper uses the British Household Panel Survey to investigate when seniority is rewarded by automatic incremental scales. Scales are seen as an alternative to individual merit pay. They are likely to be used when individual productivity is hard to measure, when firms provide all workers with...
Persistent link: https://www.econbiz.de/10005656227