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Extremal Quantile Regressions for Selection Models and the Black-White Wage Gap

D'Haultfoeuille, Xavier; Maurel, Arnaud; Zhang, Yichong - National Bureau of Economic Research (NBER) - 2014

We consider the estimation of a semiparametric location-scale model subject to endogenous selection, in the absence of … selection, for arbitrarily large values of the outcome. In this context, we propose a simple estimator, which combines extremal … results on extremal quantile regressions to allow for selection. Finally, we apply our method to estimate the black-white wage …

Persistent link: https://www.econbiz.de/10010821737

The Role of Pre-Market Factors in Black-White Wage Differences

Neal, Derek A.; Johnson, William R. - National Bureau of Economic Research (NBER) - 1995

Many attempts to measure the wage effects of current labor market discrimination against minorities include controls for worker productivity that (1) could themselves be affected by market discrimination and (2) are very imprecise measures of worker skill. The resulting estimates of residual...

Persistent link: https://www.econbiz.de/10005575153

Beauty and the Labor Market

Hamermesh, Daniel; Biddle, Jeff E. - National Bureau of Economic Research (NBER) - 1993

We develop a theory of sorting across occupations based on looks and derive its implications for testing for the source of earnings differentials related to looks. These differentials are examined using the 1977 Quality of Employment, the 1971 Quality of American Life, and the 1981 Canadian...

Persistent link: https://www.econbiz.de/10005778655

Wage Dispersion, Returns to Skill, and Black-White Wage Differentials

Card, David E.; Lemieux, Thomas - National Bureau of Economic Research (NBER) - 1993

During the 1980s wage differentials between younger and older workers and between more and less educated workers expanded rapidly. Wage dispersion among individuals with the same age and education also rose. A simple explanation for both sets of facts is that earnings represent a return to a...

Persistent link: https://www.econbiz.de/10005720165

Racial Discrimination in the Labor Market: Theory and Empirics

Lang, Kevin; Lehmann, Jee-Yeon K. - National Bureau of Economic Research (NBER) - 2011

We review theories of race discrimination in the labor market. Taste-based models can generate wage and unemployment duration differentials when combined with either random or directed search even when strong prejudice is not widespread, but no existing model explains the unemployment rate...

Persistent link: https://www.econbiz.de/10009323431

Decomposition Methods in Economics

Fortin, Nicole M.; Lemieux, Thomas; Firpo, Sergio - National Bureau of Economic Research (NBER) - 2010

This chapter provides a comprehensive overview of decomposition methods that have been developed since the seminal work of Oaxaca and Blinder in the early 1970s. These methods are used to decompose the difference in a distributional statistic between two groups, or its change over time, into...

Persistent link: https://www.econbiz.de/10008634705

The Effects of Childhood ADHD on Adult Labor Market Outcomes

Fletcher, Jason - National Bureau of Economic Research (NBER) - 2013

is 15 points, which are larger than many estimates of the black-white earnings gap and the gender earnings gap. A small …

Persistent link: https://www.econbiz.de/10011105938

Consumption and Labor Supply with Partial Insurance: An Analytical Framework

Heathcote, Jonathan; Storesletten, Kjetil; Violante, … - National Bureau of Economic Research (NBER) - 2009

This paper studies consumption and labor supply in a model where agents have partial insurance and face risk and initial heterogeneity in wages and preferences. Equilibrium allocations and variances and covariances of wages, hours and consumption are solved for analytically. We prove that all...

Persistent link: https://www.econbiz.de/10005037702

Wage Dynamics and Unobserved Heterogeneity: Time Preference of Learning Ability?

Munasinghe, Lalith; Sicherman, Nachum - National Bureau of Economic Research (NBER) - 2005

A large portion of the variation in wages and wage growth rates among individuals is due to "unobserved" heterogeneity, and the source of individual heterogeneity is typically attributed to data limitations and/or the unobservability of certain productivity related factors. In this paper we...

Persistent link: https://www.econbiz.de/10005580675

Insurance and Opportunities: A Welfare Analysis of Labor Market Risk

Heathcote, Jonathan; Storesletten, Kjetil; Violante, … - National Bureau of Economic Research (NBER) - 2007

Using a model with constant relative risk-aversion preferences, endogenous labor supply and partial insurance against idiosyncratic wage risk, we provide an analytical characterization of three welfare effects: (a) the welfare effect of a rise in wage dispersion, (b) the welfare gain from...

Persistent link: https://www.econbiz.de/10005050143