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We address the long standing question of whether production factors are paid their marginal products. We propose a new approach that circumvents the need to specify production functions and to compare marginal products to factor payments. Our approach is based on a simple equation that directly...
Persistent link: https://www.econbiz.de/10010282422
Most previous studies of intergenerational transmission of human capital are restricted to two generations - parents and their children. In this study we use a Swedish data set which enables us link individual measures of lifetime earnings for three generations and data on educational...
Persistent link: https://www.econbiz.de/10010282434
This paper exploits longitudinal employer-employee matched data from the U.S. Census Bureau to investigate the contribution of worker and firm reallocation to changes in earnings inequality within and across industries between 1992 and 2003. We find that factors that cannot be measured using...
Persistent link: https://www.econbiz.de/10010282435
This paper analyzes the contribution of the socioeconomic and demographic composition of the pool of employed and unemployed individuals to the dynamics of the labor market in different phases of the business cycle. Using individual level data from the Current Population Survey (CPS), we...
Persistent link: https://www.econbiz.de/10010282440
We estimate the responses of gross labor earnings with respect to marginal and average net-of-tax rates in France over the period 2003-2006. We exploit a series of reforms to the income-tax and the payroll-tax schedules that affect individuals who earn less than twice the minimum wage. Our...
Persistent link: https://www.econbiz.de/10010282442
Using a matched insurant-general practitioner panel data set, we estimated the effect of a general health-screening program on individuals' health status and health care cost. To account for selection into treatment, we used regional variations in the intensity of exposure to supply-determined...
Persistent link: https://www.econbiz.de/10010282444
We use quantile regression and counterfactual decomposition methods to explore gender gaps across the earning distribution for full-time employees in the Australian private sector. Significant evidence of a self selection effect for women into full-time employment (or of components of self...
Persistent link: https://www.econbiz.de/10010282453
fundamental approaches to estimation: a long run model, consisting of OLS intergenerational type regressions for the reading habit …
Persistent link: https://www.econbiz.de/10010282456
Conceptually, adopting a life course approach when analysing residential mobility enables us to investigate how experiencing particular life events affects mobility decision-making and behaviour throughout individual lifetimes. Yet although a growing body of longitudinal research links mobility...
Persistent link: https://www.econbiz.de/10010282461
This paper examines the determinants of young innovative companies' (YICs) R&D activities taking into account the autoregressive nature of innovation. Using a large longitudinal dataset comprising Spanish manufacturing firms over the period 1990-2008, we find that previous R&D experience is a...
Persistent link: https://www.econbiz.de/10010282464