High Wage Workers Work For High Wage Firms

Download High Wage Workers Work For High Wage Firms full books in PDF, epub, and Kindle. Read online High Wage Workers Work For High Wage Firms ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

High Wage Workers and High Wage Firms

Author : John M. Abowd
Publisher : Université de Montréal, Centre de recherche et développement en économique
ISBN 13 :
Total Pages : 94 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!

Book Synopsis High Wage Workers and High Wage Firms by : John M. Abowd

Download or read book High Wage Workers and High Wage Firms written by John M. Abowd and published by Université de Montréal, Centre de recherche et développement en économique. This book was released on 1994 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study a longitudinal sample of over one million French workers and over 500,000 employing firms. Real total annual compensation per worker is decomposed into components related to observable characteristics, worker heterogeneity, firm heterogeneity and residual variation. Except for the residual, all components may be correlated in an arbitrary fashion. At the level of the individual, we find that person-effects, especially those not related to observables like education, are the most important source of wage variation in France. Firm-effects, while important, are not as important as person-effects. At the level of firms, we find that enterprises that hire high-wage workers are more productive but not more profitable. They are also more capital and high-skilled employee intensive. Enterprises that pay higher wages, controlling for person-effects, are more productive and more profitable. They are also more capital intensive but are not more high-skilled labor intensive. We also find that person-effects explain 92% of inter-industry wage differentials.

Low-wage Work in the Wealthy World

Author : Jérôme Gautié
Publisher :
ISBN 13 :
Total Pages : 485 pages
Book Rating : 4.:/5 (115 download)

DOWNLOAD NOW!

Book Synopsis Low-wage Work in the Wealthy World by : Jérôme Gautié

Download or read book Low-wage Work in the Wealthy World written by Jérôme Gautié and published by . This book was released on 2010 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Structure of Wages

Author : Edward P. Lazear
Publisher : University of Chicago Press
ISBN 13 : 0226470512
Total Pages : 473 pages
Book Rating : 4.2/5 (264 download)

DOWNLOAD NOW!

Book Synopsis The Structure of Wages by : Edward P. Lazear

Download or read book The Structure of Wages written by Edward P. Lazear and published by University of Chicago Press. This book was released on 2009-05-15 with total page 473 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.

Low-Wage America

Author : Eileen Appelbaum
Publisher : Russell Sage Foundation
ISBN 13 : 1610440145
Total Pages : 550 pages
Book Rating : 4.6/5 (14 download)

DOWNLOAD NOW!

Book Synopsis Low-Wage America by : Eileen Appelbaum

Download or read book Low-Wage America written by Eileen Appelbaum and published by Russell Sage Foundation. This book was released on 2003-09-04 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt: About 27.5 million Americans—nearly 24 percent of the labor force—earn less than $8.70 an hour, not enough to keep a family of four out of poverty, even working full-time year-round. Job ladders for these workers have been dismantled, limiting their ability to get ahead in today's labor market. Low-Wage America is the most extensive study to date of how the choices employers make in response to economic globalization, industry deregulation, and advances in information technology affect the lives of tens of millions of workers at the bottom of the wage distribution. Based on data from hundreds of establishments in twenty-five industries—including manufacturing, telecommunications, hospitality, and health care—the case studies document how firms' responses to economic restructuring often results in harsh working conditions, reduced benefits, and fewer opportunities for advancement. For instance, increased pressure for profits in newly consolidated hotel chains has led to cost-cutting strategies such as requiring maids to increase the number of rooms they clean by 50 percent. Technological changes in the organization of call centers—the ultimate "disposable workplace"—have led to monitoring of operators' work performance, and eroded job ladders. Other chapters show how the temporary staffing industry has provided paths to better work for some, but to dead end jobs for many others; how new technology has reorganized work in the back offices of banks, raising skill requirements for workers; and how increased competition from abroad has forced U.S. manufacturers to cut costs by reducing wages and speeding production. Although employers' responses to economic pressures have had a generally negative effect on frontline workers, some employers manage to resist this trend and still compete successfully. The benefits to workers of multi-employer training consortia and the continuing relevance of unions offer important clues about what public policy can do to support the job prospects of this vast, but largely overlooked segment of the American workforce. Low-Wage America challenges us to a national self-examination about the nature of low-wage work in this country and asks whether we are willing to tolerate the profound social and economic consequences entailed by these jobs. A Volume in the Russell Sage Foundation Case Studies of Job Quality in Advanced Economies

Wage Inequality in Latin America

Author : Julián Messina
Publisher : World Bank Publications
ISBN 13 : 1464810400
Total Pages : 292 pages
Book Rating : 4.4/5 (648 download)

DOWNLOAD NOW!

Book Synopsis Wage Inequality in Latin America by : Julián Messina

Download or read book Wage Inequality in Latin America written by Julián Messina and published by World Bank Publications. This book was released on 2017-12-28 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: What caused the decline in wage inequality of the 2000s in Latin America? Looking to the future, will the current economic slowdown be regressive? Wage Inequality in Latin America: Understanding the Past to Prepare for the Future addresses these two questions by reviewing relevant literature and providing new evidence on what we know from the conceptual, empirical, and policy perspectives. The answer to the fi rst question can be broken down into several parts, although the bottom line is that the changes in wage inequality resulted from a combination of three forces: (a) education expansion and its eff ect on falling returns to skill (the supply-side story); (b) shifts in aggregate domestic demand; and (c) exchange rate appreciation from the commodity boom and the associated shift to the nontradable sector that changed interfi rm wage diff erences. Other forces had a non-negligible but secondary role in some countries, while they were not present in others. These include the rapid increase of the minimum wage and a rapid trend toward formalization of employment, which played a supporting role but only during the boom. Understanding the forces behind recent trends also helps to shed light on the second question. The analysis in this volume suggests that the economic slowdown is putting the brakes on the reduction of inequality in Latin America and will likely continue to do so—but it might not actually reverse the region’s movement toward less wage inequality.

High-wage Workers and High-wage Firms

Author : John M. Abowd
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (358 download)

DOWNLOAD NOW!

Book Synopsis High-wage Workers and High-wage Firms by : John M. Abowd

Download or read book High-wage Workers and High-wage Firms written by John M. Abowd and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Moving Up or Moving On

Author : Fredrik Andersson
Publisher : Russell Sage Foundation
ISBN 13 : 9780871540560
Total Pages : 0 pages
Book Rating : 4.5/5 (45 download)

DOWNLOAD NOW!

Book Synopsis Moving Up or Moving On by : Fredrik Andersson

Download or read book Moving Up or Moving On written by Fredrik Andersson and published by Russell Sage Foundation. This book was released on 2006-12-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over a decade, policy makers have emphasized work as the best means to escape poverty. However, millions of working Americans still fall below the poverty line. Though many of these "working poor" remain mired in poverty for long periods, some eventually climb their way up the earnings ladder. These success stories show that the low wage labor market is not necessarily a dead end, but little research to date has focused on how these upwardly mobile workers get ahead. In Moving Up or Moving On, Fredrik Andersson, Harry Holzer, and Julia Lane examine the characteristics of both employees and employers that lead to positive outcomes for workers. Using new Census data, Moving Up or Moving On follows a group of low earners over a nine-year period to analyze the behaviors and characteristics of individuals and employers that lead workers to successful career outcomes. The authors find that, in general, workers who "moved on" to different employers fared better than those who tried to "move up" within the same firm. While changing employers meant losing valuable job tenure and spending more time out of work than those who stayed put, workers who left their jobs in search of better opportunity elsewhere ended up with significantly higher earnings in the long term—in large part because they were able to find employers that paid better wages and offered more possibilities for promotion. Yet moving on to better jobs is difficult for many of the working poor because they lack access to good-paying firms. Andersson, Holzer, and Lane demonstrate that low-wage workers tend to live far from good paying employers, making an improved transportation infrastructure a vital component of any public policy to improve job prospects for the poor. Labor market intermediaries can also help improve access to good employers. The authors find that one such intermediary, temporary help agencies, improved long-term outcomes for low-wage earners by giving them exposure to better-paying firms and therefore the opportunity to obtain better jobs. Taken together, these findings suggest that public policy can best serve the working poor by expanding their access to good employers, assisting them with job training and placement, and helping them to prepare for careers that combine both mobility and job retention strategies. Moving Up or Moving On offers a compelling argument about how low-wage workers can achieve upward mobility, and how public policy can facilitate the process. Clearly written and based on an abundance of new data, this book provides concrete, practical answers to the large questions surrounding the low-wage labor market.

Foreign Direct Investment in the United States

Author :
Publisher :
ISBN 13 :
Total Pages : 698 pages
Book Rating : 4.0/5 ( download)

DOWNLOAD NOW!

Book Synopsis Foreign Direct Investment in the United States by :

Download or read book Foreign Direct Investment in the United States written by and published by . This book was released on 1992 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Growth and the High Wage Economy

Author : Morris Altman
Publisher : Routledge
ISBN 13 : 113629340X
Total Pages : 337 pages
Book Rating : 4.1/5 (362 download)

DOWNLOAD NOW!

Book Synopsis Economic Growth and the High Wage Economy by : Morris Altman

Download or read book Economic Growth and the High Wage Economy written by Morris Altman and published by Routledge. This book was released on 2013-06-26 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a theoretical framework to better understand how firms, economies and labor markets have evolved. This is done in a reader-friendly fashion, without complex mathematical arguments and proofs. Economic Growth and the High Wage Economy shows how high wage economies help make firms and economies more productive and why high wage economies can be competitive even in an increasingly globalized environment. It also demonstrates why concerns that labor supply will dry up as wages increase and social benefits rise are largely based on impoverished economic reasoning. The first chapters provide a theoretical basis for the rest of the book, showing for instance how higher wages are prone to increasing the level of economic efficiency by getting people to work harder and smarter (mainly smarter). Altman also explains that our understanding of technological change can be markedly improved by modelling technological change as a product of higher wages and improved working conditions and other shocks to the economic system. As the book develops, it is shown that increasing and high levels of income inequality are not necessary for growth and development, because the economic ‘pie’ grows when the economic wellbeing of the lower half and even the middle improves. The evolution of the state can also be better understood by applying this analytical framework. So too can the persistence of inefficient systems of production and cultural traits that appear to be inconsistent with economic prosperity. On top of this, the book examines the implications of Altman’s theoretical framework for macroeconomic analysis and policy. Finally, it is shown that labor supply can be better understood by introducing target income into the analytical mix. The main contribution of this book is providing the theoretical underpinning for why relatively high wages and, moreover, competition with high wages is good for dynamic growth and development. This work establishes why an alternative model of labor supply, based on the notion and reality of target income, does a better job of explaining the evolution of labor supply. The latter also reinforces the view that increasing wage and workers’ benefits should not be expected to damage the economy, even in the realm of labor supply. This book will be of interest to public policy experts, trade unions, human rights experts and scholars of behavioural economics, labour economics and globalization.

The Profit Paradox

Author : Jan Eeckhout
Publisher : Princeton University Press
ISBN 13 : 0691224293
Total Pages : 352 pages
Book Rating : 4.6/5 (912 download)

DOWNLOAD NOW!

Book Synopsis The Profit Paradox by : Jan Eeckhout

Download or read book The Profit Paradox written by Jan Eeckhout and published by Princeton University Press. This book was released on 2022-10-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.

The Fissured Workplace

Author : David Weil
Publisher : Harvard University Press
ISBN 13 : 067472612X
Total Pages : 421 pages
Book Rating : 4.6/5 (747 download)

DOWNLOAD NOW!

Book Synopsis The Fissured Workplace by : David Weil

Download or read book The Fissured Workplace written by David Weil and published by Harvard University Press. This book was released on 2014-02-17 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the twentieth century, large companies employing many workers formed the bedrock of the U.S. economy. Today, on the list of big business's priorities, sustaining the employer-worker relationship ranks far below building a devoted customer base and delivering value to investors. As David Weil's groundbreaking analysis shows, large corporations have shed their role as direct employers of the people responsible for their products, in favor of outsourcing work to small companies that compete fiercely with one another. The result has been declining wages, eroding benefits, inadequate health and safety protections, and ever-widening income inequality. From the perspectives of CEOs and investors, fissuring--splitting off functions that were once managed internally--has been phenomenally successful. Despite giving up direct control to subcontractors and franchises, these large companies have figured out how to maintain the quality of brand-name products and services, without the cost of maintaining an expensive workforce. But from the perspective of workers, this strategy has meant stagnation in wages and benefits and a lower standard of living. Weil proposes ways to modernize regulatory policies so that employers can meet their obligations to workers while allowing companies to keep the beneficial aspects of this business strategy.

The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264900225
Total Pages : 186 pages
Book Rating : 4.2/5 (649 download)

DOWNLOAD NOW!

Book Synopsis The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study by : OECD

Download or read book The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study written by OECD and published by OECD Publishing. This book was released on 2021-12-09 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even though firms play a key role in shaping wages, wage inequality and the gender wage gap, firms have so far only featured to a limited extent in the policy debates around these issues. The evidence in this volume shows that around one third of overall wage inequality can be explained by gaps in pay between firms rather than differences in the level and returns to workers’ skills.

Where Bad Jobs Are Better

Author : Francoise Carre
Publisher : Russell Sage Foundation
ISBN 13 : 1610448707
Total Pages : 323 pages
Book Rating : 4.6/5 (14 download)

DOWNLOAD NOW!

Book Synopsis Where Bad Jobs Are Better by : Francoise Carre

Download or read book Where Bad Jobs Are Better written by Francoise Carre and published by Russell Sage Foundation. This book was released on 2017-11-16 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retail is now the largest employer in the United States. For the most part, retail jobs are “bad jobs” characterized by low wages, unpredictable work schedules, and few opportunities for advancement. However, labor experts Françoise Carré and Chris Tilly show that these conditions are not inevitable. In Where Bad Jobs Are Better, they investigate retail work across different industries and seven countries to demonstrate that better retail jobs are not just possible, but already exist. By carefully analyzing the factors that lead to more desirable retail jobs, Where Bad Jobs Are Better charts a path to improving job quality for all low-wage jobs. In surveying retail work across the United States, Carré and Tilly find that the majority of retail workers receive low pay and nearly half work part-time, which contributes to high turnover and low productivity. Jobs staffed predominantly by women, such as grocery store cashiers, pay even less than retail jobs in male-dominated fields, such as consumer electronics. Yet, when comparing these jobs to similar positions in Western Europe, Carré and Tilly find surprising differences. In France, though supermarket cashiers perform essentially the same work as cashiers in the United States, they receive higher pay, are mostly full-time, and experience lower turnover and higher productivity. And unlike the United States, where many retail employees are subject to unpredictable schedules, in Germany, retailers are required by law to provide their employees notice of work schedules six months in advance. The authors show that disparities in job quality are largely the result of differing social norms and national institutions. For instance, weak labor regulations and the decline of unions in the United States have enabled retailers to cut labor costs aggressively in ways that depress wages and discourage full-time work. On the other hand, higher minimum wages, greater government regulation of work schedules, and stronger collective bargaining through unions and works councils have improved the quality of retail jobs in Europe. As retail and service work continue to expand, American employers and policymakers will have to decide the extent to which these jobs will be good or bad. Where Bad Jobs Are Better shows how stronger rules and regulations can improve the lives of retail workers and boost the quality of low-wage jobs across the board.

Statistics of Income and Related Administrative Record Research, ...

Author : American Statistical Association. Meeting
Publisher :
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!

Book Synopsis Statistics of Income and Related Administrative Record Research, ... by : American Statistical Association. Meeting

Download or read book Statistics of Income and Related Administrative Record Research, ... written by American Statistical Association. Meeting and published by . This book was released on 1984 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Statistics of Income and Related Administrative Record Research, ...

Author : American Statistical Association. Annual Meeting
Publisher :
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.:/5 (31 download)

DOWNLOAD NOW!

Book Synopsis Statistics of Income and Related Administrative Record Research, ... by : American Statistical Association. Annual Meeting

Download or read book Statistics of Income and Related Administrative Record Research, ... written by American Statistical Association. Annual Meeting and published by . This book was released on 1984 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Survey of Income and Program Participation and Related Longitudinal Surveys, 1984

Author : American Statistical Association. Meeting
Publisher :
ISBN 13 :
Total Pages : 218 pages
Book Rating : 4.:/5 (319 download)

DOWNLOAD NOW!

Book Synopsis Survey of Income and Program Participation and Related Longitudinal Surveys, 1984 by : American Statistical Association. Meeting

Download or read book Survey of Income and Program Participation and Related Longitudinal Surveys, 1984 written by American Statistical Association. Meeting and published by . This book was released on 1985 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic and Fiscal Consequences of Immigration

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 0309444454
Total Pages : 643 pages
Book Rating : 4.3/5 (94 download)

DOWNLOAD NOW!

Book Synopsis The Economic and Fiscal Consequences of Immigration by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Economic and Fiscal Consequences of Immigration written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-07-13 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.