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This paper documents the substantial decline in the economic position of less-skilled American males that has occurred since the early 1970's. The paper also explores a variety of potential explanations for the widening of earnings differentials between more- and less-educated white males. On...
Persistent link: https://www.econbiz.de/10005085177
This paper analyzes changes in U.S. earnings differentials in the 1980s between race, gender, age, and schooling groups. There are four main sets of results to report. First, the economic position of less-educated workers declined relative to the more-educated among almost all demographic...
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One competitive-market explanation of interindustry wage differentials that is not challenged by the persistence of these differentials is that they are due to differences across workers in unobserved ability or quality. In contrast, this paper explores the unobserved ability hypothesis by using...
Persistent link: https://www.econbiz.de/10009452178
Displaced workers with generous periods of advance notice are more likely than their non-notified counterparts to avoid post-displacement unemployment altogether, but once unemployed, they tend to escape from unemployment much more slowly. The authors, using data from the five-year retrospective...
Persistent link: https://www.econbiz.de/10005521287
The principal justification for minimum wage legislation has been the claim that it would improve the economic condition of low-wage workers. Most previous analyses of the distributional effects of minimum wages have been based on simulation exercises employing restrictive assumptions that...
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The Worker Adjustment and Retraining Notification Act (WARN) of 1988 requires that covered firms provide affected employees with 60 days' advance notice of plant closings and large-scale layoffs. The authors use data from the three most recent Displaced Worker Surveys to compare the extent of...
Persistent link: https://www.econbiz.de/10011138333