Showing 1 - 10 of 104
We develop an equilibrium model of wages and estimate it using administrative data from Norway. Coworkers interact through a task-assignment model, and wages are determined through multilateral bargaining over the surplus that accrues to the workforce. Seniority affects wages through workplace...
Persistent link: https://www.econbiz.de/10010269360
Using a variance decomposition framework which provides bounds on the effect of families and neighbourhoods, we find important effects of family characteristics and residential location on educational attainment and adult earnings in Norway. Neighbourhoods are less important than families, as...
Persistent link: https://www.econbiz.de/10010271751
School quality is hard to define and measure. It is influenced by not only school expenditures, but also characteristics that are hard to measure like norms and peer effects among teachers and pupils. Furthermore, family background and community characteristics are important in explaining...
Persistent link: https://www.econbiz.de/10010271752
Parents influence their children's adult outcomes through economic and genetic endowments, transmission of cultural values and social skills, and through choice of residential location. Using a variance decomposition framework which provides bounds on the effect of families and neighbourhoods,...
Persistent link: https://www.econbiz.de/10010284243
We develop an equilibrium model of wages and estimate it using administrative data from Norway. Coworkers interact through a task-assignment model, and wages are determined through multi-lateral bargaining over the surplus that accrues to the workforce. Seniority affects wages through workplace...
Persistent link: https://www.econbiz.de/10010290421
How does a large structural change to the labor market affect education investments made at young ages? Exploiting differential exposure to the national decline in routine-task intensity across local labor markets, we show that the secular decline in routine tasks causes major shifts in...
Persistent link: https://www.econbiz.de/10014290243
How does a large structural change to the labor market affect education investments made at young ages? Exploiting differential exposure to the national decline in routine-task intensity across local labor markets, we show that the secular decline in routine tasks causes major shifts in...
Persistent link: https://www.econbiz.de/10014480424
We examine the labor market consequences of an exogenous increase in the supply of skilled labor in several cities in Norway, resulting from the construction of new colleges in the 1970s. We find that skilled wages increased as a response, suggesting that along with an increase in the supply...
Persistent link: https://www.econbiz.de/10011941500
We examine the labor market consequences of an exogenous increase in the supply of skilled labor in several cities in Norway, resulting from the construction of new colleges in the 1970s. We find that skilled wages increased as a response, suggesting that along with an increase in the supply...
Persistent link: https://www.econbiz.de/10011931626
This paper investigates how people differentiate between inequality caused by talent and inequality caused by luck in a large-scale study of the US population. We establish that people distinguish significantly between inequality due to luck and inequality due to talent, even when controlling...
Persistent link: https://www.econbiz.de/10015327145