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We study the determinants of lifetime earnings (LE) inequality in the United States, for which differences in lifetime earnings growth are key. Using administrative data and focusing on the roles of job ladder dynamics and on-the-job learning, we document that:1) lower LE workers change jobs...
Persistent link: https://www.econbiz.de/10012845091
increased risk that they encounter a sharp fall in their wages. People who tend to be particularly affected are the low …
Persistent link: https://www.econbiz.de/10012421215
We study the determinants of lifetime earnings (LE) inequality in the United States, for which differences in lifetime earnings growth are key. Using administrative data and focusing on the roles of job ladder dynamics and on-the-job learning, we document that 1) lower LE workers change jobs...
Persistent link: https://www.econbiz.de/10012137632
We study the determinants of lifetime earnings (LE) inequality in the U.S. by focusing on job ladder dynamics and on-the-job learning as sources of wage growth. Using administrative data, we document that i) lower LE workers change jobs more often, which is mainly driven by nonemployment; ii)...
Persistent link: https://www.econbiz.de/10013308712
intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I … Faktorausstattung zweier Länder basiert. Das zweite Kapitel liefert eine Theorie zu Offshoring unter Imitationsrisiko. Diese Theorie …
Persistent link: https://www.econbiz.de/10011742945
Minimum wages alter the allocation of firm-idiosyncratic risk across workers. To establish this result, we focus on … relatively larger pass-through of firm-specific labor-demand shocks into wages for the workers whose earnings are far from the … removing minimum wages toward high-paid employees at the expense of low-wage workers …
Persistent link: https://www.econbiz.de/10014083969
In this paper, we assess the role of investment in research and development (R&D) and economic policy uncertainty (EPU) in Sri Lanka's economic growth experience. We do this by first determining which endogenous growth theories best explain the evolution of total factor productivity (TFP) in the...
Persistent link: https://www.econbiz.de/10013169692
intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …
Persistent link: https://www.econbiz.de/10010395778
How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this question, a model of endogenous technological change is used where sustained growth stems from intentional investments in R&D from profit-maximizing firms. The uncertainty arises...
Persistent link: https://www.econbiz.de/10011326963
The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...
Persistent link: https://www.econbiz.de/10011343279