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作者:Page, ME; Solon, G
作者单位:University of California System; University of California Davis; University of Michigan System; University of Michigan
摘要:A comparison of the correlations between brothers and neighboring boys in their adult earnings suggests that the earnings resemblance between brothers stems more from growing up in the same family than from growing up in the same neighborhood. Much of the neighbor correlation is explicable in terms of the large earnings differential between urban and nonurban areas combined with the strength with which urbanicity of childhood neighborhood predicts urbanicity of adult location. This pattern is ...
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作者:Stevens, M
作者单位:University of Oxford; University of Oxford
摘要:This article investigates the hypothesis that when measures of specific human capital ( such as job tenure) are included in earnings functions, there may be a sample selection bias because of job-matching effects because workers with high unobserved match quality receive and accept high wage offers. We develop a model for wage offers in a labor market characterized by both specific human capital and job matching. The model provides a theoretical basis for empirical earnings functions containin...
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作者:Bollinger, CR; Hotchkiss, JL
作者单位:University of Kentucky; University System of Georgia; Georgia State University; Federal Reserve System - USA; Federal Reserve Bank - Atlanta
摘要:Making use of performance data for baseball players, this article provides empirical evidence in support of Lazear's ( 1998) theoretical predictions that ( 1) risky workers will earn a premium for their upside potential, ( 2) this risk premium will be higher the longer a worker's work life, and ( 3) firms must enjoy some comparative advantage in the labor market to be willing to pay a premium to risky workers. The validity of Lazear's predictions carries implications for wage differentials bet...
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作者:Smith, JP
作者单位:RAND Corporation
摘要:This article calculates retirement income - replacement rates for all labor market cohorts across the last 25 years and describes the changing contributions made by private pensions, social security, and assets. The factors on which replacement rates are sensitive include position in the income distribution, the use of after-tax instead of pretax incomes, the changing family composition of households between their pre- and postretirement years, and differential underreporting of income by age....
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作者:Bayard, K; Hellerstein, J; Neumark, D; Troske, K
作者单位:University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; Michigan State University; University of Missouri System; University of Missouri Columbia; United States Department of Labor
摘要:We use new matched employer-employee data to estimate the contributions of sex segregation and wage differences by sex within occupation, industry, establishment, and occupation-establishment cells to the overall sex gap in wages. In contrast to earlier data used to study this question, our data cover all industries and occupations across all regions of the United States. We find that segregation of women into lower-paying occupations, industries, establishments, and occupations within establi...
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作者:Hvide, HK
作者单位:Norwegian School of Economics (NHH)
摘要:I study how education affects the allocation of talent into different sectors of the economy. I focus on two forces. First, education adds to a worker's information capital and, thus, may change her self-confidence. Second, performance contracts give a worker incentives to choose a sector according to her abilities. The baseline model predicts that workers with intermediate ability educate, while the most able skip education. In an extension, I compare the U. K. and the U. S. bachelor's degree...
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作者:Rosén, Å
作者单位:Stockholm University
摘要:This article analyzes Becker's ([ 1957] 1971) theory of employer discrimination within a search and wage-bargaining setting. Discriminatory firms pay workers who are discriminated against less and apply stricter hiring criteria to these workers. The highest profits are realized by firms with a positive discrimination coefficient. Moreover, once ownership and management are separated, both highest profits and highest utility can be realized by firms with a positive discrimination coefficient. T...
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作者:Hendricks, W; DeBrock, L; Koenker, R
作者单位:University of Illinois System; University of Illinois Chicago; University of Illinois Chicago Hospital
摘要:In this article, we analyze the impact of uncertainty on the hiring process. We show the connection between models of statistical discrimination where uncertainty can work against groups that have less reliable indicators of future productivity and models of option value where uncertainty about future productivity can be beneficial for these groups. These models generate hypotheses about the relationship between ex ante hiring patterns and ex post productivity. This is applied to the market fo...