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) increased entry of high-wage firms boosts the effect of rising schooling attainment on mean log wages by 25%, and (iii) the …
Persistent link: https://www.econbiz.de/10014322706
--incorporating monopsony power, minimum wages, and unemployment. I estimate the extended canonical model using national data and, separately … model. I document that minimum wages--together with supply and demand--play a central role in shaping the evolution of the U …
Persistent link: https://www.econbiz.de/10013334528
We examine union-non-union differentials in wages and hours in the United States over the last 50 years using data from … earnings has been falling since the Great Recession. The union differential in weekly wages has been more stable. Although it … reflects unions' ability to tackle under-employment, such that union workers work closer to the hours they desire than their …
Persistent link: https://www.econbiz.de/10014544749
the work force. However, estimates of employment effects of minimum wages tell us little about whether minimum wages are … can achieve this goal; even if the disemployment effects of minimum wages are modest, minimum wage increases could result … in net income losses for poor families. We present evidence on the effects of minimum wages on family incomes from …
Persistent link: https://www.econbiz.de/10012472685
This paper builds, identifies and estimates a model of the labor market that features strategic interactions in wage setting and two-sided heterogeneity in order to shed light on the sources of wage inequality. We provide a tractable characterization of the model equilibrium and demonstrate its...
Persistent link: https://www.econbiz.de/10014544771
This paper investigates the importance of firm-to-firm production network linkages for earnings inequality. We develop a quantitative model in which heterogeneous firms hire workers of different abilities in an imperfectly competitive labor market and source intermediates from heterogeneous...
Persistent link: https://www.econbiz.de/10012482640
This paper uses job applications- data to test the existence of non-competitive, ex-ante rents in the labor market. We first examine whether jobs that pay the legal minimum wage face an excessively of labor as measured by the number of job applications received for the most recent positions...
Persistent link: https://www.econbiz.de/10012476506
minimum wages, attempting to understand the vigorous support of labor unions for minimum wage increases. Using the same … the minimum wage, including wages, hours, employment, and ultimately labor income, representing the central margins of … surprisingly, higher-wage workers are little affected. Although wages of low-wage workers increase , their hours and employment …
Persistent link: https://www.econbiz.de/10012471255
This article reviews evidence on the labor market performance of Hispanics in the United States, with a particular focus on the US-born segment of this population. After discussing critical issues that arise in the US data sources commonly used to study Hispanics, we document how Hispanics...
Persistent link: https://www.econbiz.de/10013477242
This paper examines the role that work incentives play in the determination of work hours. Following previous research by Lang (1989), we use a conventional efficiency wage model to analyze how firms respond to worker preferences regarding wage-hours packages. We find that when workers are...
Persistent link: https://www.econbiz.de/10012475106