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This paper describes the changes in the composition of the labor force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage...
Persistent link: https://www.econbiz.de/10001605242
This paper describes the changes in the composition of the labor force in the last 35 years and quantifies the substitution of low education/high experience workers by low experience/high education workers by using US and French microdata. The consequences of this substitution on the wage...
Persistent link: https://www.econbiz.de/10011401268
This paper explores the evolution of the average wage of employees over the life-cycle of a manufacturing plant. The average wage starts out low for a new plant and increases along with labor productivity as the plant ages. As a plant approaches exit, its average wage falls, but more slowly than...
Persistent link: https://www.econbiz.de/10010221105
Measured by changes in real wages, earnings inequality and unemployment, the economic position of lower skilled workers has declined sharply over the past two decades across the developed countries of the OECD. In this paper we survey a wide-ranging empirical literature for evidence bearing on...
Persistent link: https://www.econbiz.de/10014216462
In this working paper, Lawrence Buron, Robert Haveman, and Owen O'Donnell explore the major trends that have developed in the work force, including the rate of joblessness and the rise in part-time work, and whether these events were voluntary or involuntary. In addition, they look at the...
Persistent link: https://www.econbiz.de/10014222747
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the...
Persistent link: https://www.econbiz.de/10010228790
For a long time, migration has been subject to intensive economic research. Nevertheless, empirical evidence regarding the determinants of migration still appears to be incomplete. In this paper, we analyze the effects of socio-economic and institutional determinants, especially labor-market...
Persistent link: https://www.econbiz.de/10003805994
In this paper we present important correlations between immigration and labor market outcomes of native workers in the US. We use data on local labor markets, states and regions from the Census and American Community Survey over the period 1970-2010. We first look at simple correlations and then...
Persistent link: https://www.econbiz.de/10011375969
A large body of literature estimates the relative wage impacts of immigration on low- and high-skill natives, but it is unclear how these effects map onto changes of the wage distribution. I document the movement of foreign-born workers in the U.S. wage distribution, showing that, since 1980,...
Persistent link: https://www.econbiz.de/10012841630
Since the global financial crisis, US wage growth has been sluggish. Drawing on individual earnings data from the 2000-15 Current Population Survey, I find that the drawn-out cyclical labor market repair - likely owing to low entry wages of new workers - slowed down real wage growth. There are,...
Persistent link: https://www.econbiz.de/10012977830