United States, by constructing nonparametric bounds for the average and quantile treatment effects of the program on wages …. Our preferred estimates point toward convincing evidence of positive effects of JC on wages both at the mean and …. Furthermore, we find that the program's effect on wages varies across quantiles and groups. Blacks likely experience larger …

wages to reflect this. Formal analysis supports the intuition. We use the dispersion of exam grades within a field of … education as an indicator of the heterogeneity that employers face. We find solid evidence that starting wages are lower if the … variance of exam grades is higher and that starting wages are lower if the skew is higher: employers shift quality risk to new …

wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education … as an indicator of the unobserved heterogeneity that employers face. We find solid evidence that starting wages are lower …

with an agency model in which entrenched managers pay high wages because they come with private benefits, such as lower … find that entrenched managers pay their workers more. For example, our estimates show that CEOs with more control rights … (votes) than all other blockholders together, pay their workers about 6%, or $2,200 per year, higher wages. Since cash flow …

We study how licensing, certification and unionisation affect the wages of natives and migrants and their …