This paper theoretically investigates how labor-market tightness affects market outcomes if firms use informal and self-enforcing agreements to motivate workers. We characterize profit-maximizing equilibria and derive the following results. First, an increase in the supply of homogenous workers...

The Great Recession had a devastating impact on labor force participation and employment. This impact was not unlike other recessions, except in size. The recovery, however, has been unusual not so much for its sluggishness but for the unusual pattern of recovery in employment by race. The black...

This paper documents that the employment of Asian Americans with no college education has been especially hard hit by the economic crisis associated with the Covid-19 pandemic. This cannot be explained by differences in demographics or in job characteristics. Asian American employment is also...

The goal of this study is to examine whether women in the highest levels of management ranks of firms help reduce barriers to advancement in the workplace faced by women. Using a panel of over 20,000 private-sector firms across all industries and states during 1990-2003 from the U.S. Equal...

Using the RLMS, this paper re-examines the nature of the gender wage gap in Russia between1994 and 1998 taking into account the pervasiveness of Russia’s non-payment institutions. Investigatingdiscrimination ‘bands’ at different sections of the income distribution and for various important...

We investigate skill mismatch and its impact on gender differences in wage gap and in returns to education in Sweden 1993 to 2002.Women are more likely to have more formal education than what is normally required for their occupation (overeducation), while men are more likely to have less...

This paper extends the famous Blinder and Oaxaca (1973) discrimination in several directions. First, the wage difference breakdown is not limited to two groups. Second, a decomposition technique is proposed that allows analysis of the determinants of the overall wage dispersion. The authors'...

This study investigates the impact of increased import competition on gender wage and employment differentials in U.S. manufacturing over the period from 1976 to 1993. Increased import competition is expected to decrease the relative demand for workers in low-wage production occupations and the...

Since the early seventies, hundreds of authors have calculated gender wage differentials between women and men of equal productivity. Consequently, estimates for the gender wage gap have been published for the most diverse countries at different points in time. This metastudy provides a...

This paper evaluates the impact of economic and legal variables on wage differentials between men and women. Since Becker (1957) economists have argued that competitive markets eliminate discrimination in the long run. On the other hand, practically all countries have enacted some sort of law...