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In a large variety of multilevel political systems changes imposed by a higher authority alter the equilibrium panoply of lower- level policies. The new equilibrium depends on the type of change imposed and on the relative strengths of and differences among interested parties at the lower level....
Persistent link: https://www.econbiz.de/10012473270
We propose several models in which an ascriptive characteristic generates earnings differentials and is sorted across sectors. The general approach shows how to distinguish the ultimate sources of labor-market returns to such characteristics; the specific example uses longitudinal data on a...
Persistent link: https://www.econbiz.de/10012473503
This study examines the relative economic well-being of households that receive unemployment insurance (UI) benefits, as measured by consumption flows that are derived from information on households' spending in the Consumer Expenditure Surveys from 1980- 1993. For each quarter during this...
Persistent link: https://www.econbiz.de/10012473555
We provide a unified discussion of the relations among flows of workers, changes in employment and changes in the number of jobs at the level of the firm. Using the only available set of data (a nationally representative sample of Dutch firms in 1988 and 1990) we discover that: 1) Nearly half of...
Persistent link: https://www.econbiz.de/10012474309
The theory of the dynamics of labor demand is based either on the costs of adjusting the level of employment or on the costs of hiring or firing (of gross changes in employment). We write down a generalized cost of adjustment function that includes both types of cost and allows for asymmetries...
Persistent link: https://www.econbiz.de/10012474763
Economic theories of discrimination are usually based on tastes. The huge body of empirical studies, however, considers the discriminatory outcomes that are the reduced-form results of interactions between tastes and opportunity sets. None examines tastes for discrimination directly, or...
Persistent link: https://www.econbiz.de/10012475211
The growth of employee benefits in academe has closely paralleled their economy-wide growth. This study estimates a complete system describing the demand for benefits and wages using panel data on nearly 1500 institutions of higher learning. The demand for benefits is quite responsive both to...
Persistent link: https://www.econbiz.de/10012475575
Sleep must be considered subject to choice and affected by the same economic variables that affect other uses of time. Using aggregated data for 12 countries, a cross-section of microeconomic data, and a panel of households, we demonstrate that increases in time spent in the labor market reduce...
Persistent link: https://www.econbiz.de/10012476060
Several reasons are offered why workers will receive larger compensating wage differentials for increases in the duration of wage losses than for increases in the probability of loss that produce the same expected loss. A formal model of occupational choice is developed that shows the extent to...
Persistent link: https://www.econbiz.de/10012477188
A large body of empirical work has demonstrated that higher inflation, especially when it is unexpected, leads to greater dispersion in the distribution of price changes across subaggregates. A sparse and more recent literature suggests exactly the opposite effects on the distribution of wage...
Persistent link: https://www.econbiz.de/10012477266