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Author : John Bishop
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.E/5 ( download)
Download or read book Match Quality, Turnover and Wage Growth written by John Bishop and published by . This book was released on 1988 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Monica Galizzi
Publisher : FrancoAngeli
ISBN 13 : 9788846469427
Total Pages : 132 pages
Book Rating : 4.4/5 (694 download)
Download or read book Mobility, Relative Wages and Wage Growth written by Monica Galizzi and published by FrancoAngeli. This book was released on 2005 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Taye Mengistae
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4./5 ( download)
Download or read book The Relative Effects of Skill Formation and Job Matching on Wage Growth in Ethiopia written by Taye Mengistae and published by World Bank Publications. This book was released on 1999 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: April 1999 - Estimated age and job seniority profiles of wages and marginal productivity in Ethiopia suggest that both skill formation and job matching significantly affect growth of wages and productivity over time. However, job matching is by far the more important of the two sources of growth in wages and productivity. Mengistae analyzes production and labor market data for a random selection of small to medium-size firms in Ethiopia to answer two questions: Does a worker's marginal productivity increase with time in the labor market or with job seniority, as must be the case if on-the-job skill formation or job matching has anything to do with the dynamics of wages observed in the data? Assuming that marginal productivity grows with experience or seniority, is skill formation more or less important than job matching as a source of growth in productivity? The main feature of Mengistae's analysis is the joint regression of the log of the average product of hours in a firm and the log of average hourly earnings of a firm's employees on the shares of experience-seniority cells of workers in total annual hours in the firm. Marginal productivity falls as experience in the labor market passes the 15-year mark, but the expected marginal product of a mobile worker with 16 or more years of experience is still nearly 80 percent higher than that of the base group. The between-jobs growth of hourly wages with potential experience is also large, but not as large as growth in marginal productivity for workers with less than 15 years of experience. Mengistae concludes that job matching is far more important than skill formation as a source of growth in productivity. Net mobility gains account for at least twice the share of the return to skill formation in the observed between-jobs growth of wages with market experience. The rate of return to skills formation is higher in the United States than in Ethiopia. The relative return to skills formation is probably lower in Ethiopia partly because the flow of information about the labor market is more restricted there. This paper-a product of the Development Research Group-is part of a larger effort in the group to identify firm-level sources of growth in productivity. The author may be contacted at [email protected].
Author : Joachim Prinz
Publisher : Rainer Hampp Verlag
ISBN 13 : 9783879888511
Total Pages : 244 pages
Book Rating : 4.8/5 (885 download)
Download or read book Why are Wages Upward Sloping with Tenure? written by Joachim Prinz and published by Rainer Hampp Verlag. This book was released on 2004 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most stylized facts in labor economics is the finding that wages tend to rise with job duration but what is the role of productivity between this relation? Intuitively, it seems rather unspectacular that experienced workers' earnings are higher than otherwise comparable junior workers', but economic literature offers three competing theories explaining this phenomenon. A unique database from a single professional sports industry, covering the past decade of player performance and wages in the National Basketball Association (NBA) is used to test the superiority of one model over others in explaining players' upwards sloping age-earnings profiles. The empirical results show little evidence of the notion that player wages are solely determined on the basis of their productivity. Findings are rather in accordance with shirking and matching ideas: Returns to tenure are found to be significant but it's magnitude is reduced when the spurious bias - stemming from OLS - is controlled for. The fact that tenure remains considerably large - unaffected of productivity - but is simultaneously mitigated due to job match specific effects, is in harmony with incentive and matching arguments.Joachim Prinz, born 1971, studied economics at the University of Trier, Copenhagen Business School and American University, Washington D.C. From 1999-2001 he was a scientific co-worker at the University of Greifswald, Department of Economics. Since 2001 University of Witten/ Herdecke.
Author : United States. Department of Labor. Commission on Workforce Quality and Labor Market Efficiency
Publisher :
ISBN 13 :
Total Pages : 1216 pages
Book Rating : 4.3/5 (512 download)
Download or read book Investing in People written by United States. Department of Labor. Commission on Workforce Quality and Labor Market Efficiency and published by . This book was released on 1989 with total page 1216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : H. Neudecker
Publisher : Springer Science & Business Media
ISBN 13 : 9400935919
Total Pages : 276 pages
Book Rating : 4.4/5 (9 download)
Download or read book The Practice of Econometrics written by H. Neudecker and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the autumn of 1961 Jan Salomon ('Mars') Cramer was appointed to the newly established chair of econometrics at the University of Amsterdam. This volume is published to commemorate this event. It is well-known how much econometrics has developed over the period under consideration, the 25 years that elapsed between 1961 and 1986. This is specifically true for the areas in which Cramer has been actively interested. We mention the theory and measurement of consumer behaviour; money and income; regression, correla tion and forecasting. In the present volume this development will be high lighted. Sixteen contributions have been sollicited from scholars all over the world who have belonged to the circle of academic friends of Cramer for a shorter or longer part of the period of 25 years. The contributions fall broadly speaking into the four areas mentioned above. Theory and measurement of consumer behaviour is represented by four papers, whereas a fifth paper deals with a related area. Richard Blundell and Costas Meghir devote a paper to the estimation of Engel curves. They apply a discrete choice model to British (individual) data from the Family Expenditure Survey 1981. Their aim is to assess the impact of individual characteristics such as income, demographic structure, location, wages and prices on commodity expenditure.
Author : John H. Bishop
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.E/5 ( download)
Download or read book Why are Wage Profiles So Flat During the First Year on a Job? written by John H. Bishop and published by . This book was released on 1989 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 684 pages
Book Rating : 4.3/5 (126 download)
Download or read book The Quarterly Review of Economics and Finance written by and published by . This book was released on 1991 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Joni Hersch
Publisher : Now Publishers Inc
ISBN 13 : 1933019476
Total Pages : 97 pages
Book Rating : 4.9/5 (33 download)
Download or read book Sex Discrimination in the Labor Market written by Joni Hersch and published by Now Publishers Inc. This book was released on 2006 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women have made huge advances relative to men in the labor force, occupational status, and educational attainment, but women continue to earn less than men. While the gender pay gap has narrowed, a substantial gap remains. Sex Discrimination in the Labor Market examines sources of this pay disparity and the factors that contribute to this gap. Whether sex discrimination plays a role in the gender pay gap is a topic of considerable debate. Many researchers question the role of discrimination and attribute the residual pay gap to gender differences in preferences, especially with respect to balancing work with family responsibilities. Sex Discrimination in the Labor Market shows that sex discrimination contributes to the unexplained gender pay gap, which is consistent with high profile sex discrimination litigation suggesting continuing bias in the labor market on the basis of sex.
Author : Michael W. L. Elsby
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.3/5 ( download)
Download or read book Evaluating the Economic Significance of Downward Nominal Wage Rigidity written by Michael W. L. Elsby and published by . This book was released on 2006 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper formalizes and assesses empirically the implications of widely observed evidence for downward nominal wage rigidity (DNWR). It shows how a model of DNWR informed by diverse evidence for worker resistance to nominal wage cuts is nevertheless consistent with weak macroeconomic effects. This occurs because firms have an incentive to compress wage increases as well as wage cuts when DNWR binds. By neglecting potential compression of wage increases, the previous literature may have overstated the costs of DNWR to firms. Using a broad range of micro--data from the US and Great Britain I find that firms do indeed compress wage increases as well as wage cuts at times when DNWR binds. Accounting for this reduces the estimated increase in aggregate wage growth due to DNWR to be much closer to zero, consistent with the predictions of the model. These results suggest that DNWR may not provide a strong argument against the targeting of low inflation rates, as practiced by many monetary authorities. Importantly, though, this result is nevertheless consistent with evidence that suggests workers are averse to nominal wage cuts.
Author : S. W. Polachek
Publisher : Now Publishers Inc
ISBN 13 : 1601981228
Total Pages : 123 pages
Book Rating : 4.6/5 (19 download)
Download or read book Earnings Over the Lifecycle written by S. W. Polachek and published by Now Publishers Inc. This book was released on 2008 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earnings over the Lifecycle: The Mincer Earnings Function and Its Applications focuses on the underlying economics behind the Mincer earnings function and its robustness and relevance to policy applications.
Author : Taye Mengistae
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 (126 download)
Download or read book Skill Formation and Job Matching Effects in Wage Growth written by Taye Mengistae and published by . This book was released on 1998 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Bishop
Publisher :
ISBN 13 :
Total Pages : 138 pages
Book Rating : 4.E/5 ( download)
Download or read book The Economics of Employment Testing written by John Bishop and published by . This book was released on 1988 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Charles T. Carlstrom
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 ( download)
Download or read book Turnover Wages and Adverse Selection written by Charles T. Carlstrom and published by . This book was released on 1987 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Glasner
Publisher : Routledge
ISBN 13 : 1136545204
Total Pages : 796 pages
Book Rating : 4.1/5 (365 download)
Download or read book Business Cycles and Depressions written by David Glasner and published by Routledge. This book was released on 2013-12-16 with total page 796 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts define, review, and evaluate economic fluctuations Economic and business uncertainty dominate today's economic analyses. This new Encyclopedia illuminates the subject by offering 323 original articles on every major aspect of business cycles, fluctuations, financial crises, recessions, and depressions. The work of more than 200 experts, including many of the leading researchers in the field, the articles cover a broad range of subjects, including capsule biographies of leading economists born before 1920. Individual entries explore banking panics, the cobweb cycle, consumer durables, the depression of 1937-1938, Otto Eckstein, Friedrich Engels, experimental price bubbles, forced savings, lass-Steagall Act, Friedrich hagen, qualitative indicators, use of macro-econometric models, monetary neutrality, Phillips Curve, Paul Samuelson, Say's law, supply-side recessions, James Tokin, trend and random wages, Thorstein Veblen, worker-job turnover, and more.
Author : Rebecca M. Blank
Publisher : Russell Sage Foundation
ISBN 13 : 1610440579
Total Pages : 447 pages
Book Rating : 4.6/5 (14 download)
Download or read book Working and Poor written by Rebecca M. Blank and published by Russell Sage Foundation. This book was released on 2007-01-09 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last three decades, large-scale economic developments, such as technological change, the decline in unionization, and changing skill requirements, have exacted their biggest toll on low-wage workers. These workers often possess few marketable skills and few resources with which to support themselves during periods of economic transition. In Working and Poor, a distinguished group of economists and policy experts, headlined by editors Rebecca Blank, Sheldon Danziger, and Robert Schoeni, examine how economic and policy changes over the last twenty-five years have affected the well-being of low-wage workers and their families. Working and Poor examines every facet of the economic well-being of less-skilled workers, from employment and earnings opportunities to consumption behavior and social assistance policies. Rebecca Blank and Heidi Schierholz document the different trends in work and wages among less-skilled women and men. Between 1979 and 2003, labor force participation rose rapidly for these women, along with more modest increases in wages, while among the men both employment and wages fell. David Card and John DiNardo review the evidence on how technological changes have affected less-skilled workers and conclude that the effect has been smaller than many observers claim. Philip Levine examines the effectiveness of the Unemployment Insurance program during recessions. He finds that the program's eligibility rules, which deny benefits to workers who have not met minimum earnings requirements, exclude the very people who require help most and should be adjusted to provide for those with the highest need. On the other hand, Therese J. McGuire and David F. Merriman show that government help remains a valuable source of support during economic downturns. They find that during the most recent recession in 2001, when state budgets were stretched thin, legislatures resisted political pressure to cut spending for the poor. Working and Poor provides a valuable analysis of the role that public policy changes can play in improving the plight of the working poor. A comprehensive analysis of trends over the last twenty-five years, this book provides an invaluable reference for the public discussion of work and poverty in America. A Volume in the National Poverty Center Series on Poverty and Public Policy
Author : Orley Ashenfelter
Publisher : Elsevier
ISBN 13 : 9780444878571
Total Pages : 514 pages
Book Rating : 4.8/5 (785 download)
Download or read book Handbook of Labor Economics written by Orley Ashenfelter and published by Elsevier. This book was released on 1986 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation The Handbook brings together a systematic review of the research topics, empirical findings, and methods that comprise modern labor economics. It serves as an introduction to what has been done in this field, while at the same time indicating possible future trends which will be important in both spheres of public and private decision-making. Part 1 is concerned with the classic topics of labor supply and demand, the size and nature of the elasticities between the two, and their impact on the wage structure. This analysis touches on two fundamental questions: what are the sources of income inequality, and what are the disincentive effects of attempts to produce a more equal income distribution? The papers in Part II proceed from the common observation that the dissimilarity in worker skills and employer demands often tempers the outcomes that would be expected in frictionless labor markets. And the last section of the Handbook deals explicitly with the role of institutional structures (e.g. trade unions) that now form an important part of modern labor economics.
