In recent years many states have raised teacher salaries to attract more capable teachers. Since teacher labor markets are typically in a state of excess supply, success of such policies is contingent on containing perverse feedbacks which arise among exit decisions, vacancy rates, and the...

Returns to seniority account for a substantial share of public K-12 expenditures. Over the first ten to 15 years of a career, public school teachers enjoy average wage growth at least equivalent to that of other white-collar workers. Explanations for this structure in terms of human capital or...

Recent studies of the effect of advance notice on jobless duration following displacement misspecify the relationship between these two variables by treating advance notice as a dummy regressor in conventional survival time models. Job search theory, however, suggests that the major impact of...

This paper estimates the impact of unemployment on earnings following re-employment for a large and representative sample of British men, 1984-94. Unemployment incidence is found to have only a temporary effect, an average earnings setback of 10% on ...

The effect of union wage gains of private-sector blue-collar workers on the size distribution of family incomes and the level of poverty in 1970 is examined in this paper. Collective bargaining wage gains are found to compress the distribution of income among union families. When union and...