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作者：LIGHT, A; URETA, M
作者单位：Texas A&M University System; Texas A&M University College Station
摘要：We estimate a wage model that includes an array of variables measuring the fraction of time worked during each year of the career. This array fully characterizes past employment experience, regardless of how sporadic it has been. Our model yields substantially higher estimated returns to experience and lower returns to tenure than do models that measure experience cumulatively and use the standard quadratic functional form. We find that the data reject the standard model but fail to reject our...
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作者：PRENDERGAST, CJ
摘要：This article considers the implications of allowing a manager discretion over task assignment. If employees earn rents from carrying out tasks, and the manager cannot ''sell'' the jobs to her subordinates, she has an incentive to take on more tasks than is optimal and delegate too few to a subordinate. I show that although firms can alleviate this incentive by offering output-contingent contracts, even with the optimal contract, (i) the manager carries out too many tasks, (ii) she exerts too m...
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作者：MACPHERSON, DA; HIRSCH, BT
摘要：Occupational sex segregation and its relationship with wages during 1973-93 are examined. Wage level and wage change models are estimated using Current Population Survey data matched with measures of occupational skills and job disamenities. Standard analysis confirms that wage levels are substantially lower in predominantly female occupations, Gender composition effects are reduced by about a quarter for women and by over one-half for men following control for skill-related occupational chara...
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作者：CHISWICK, BR; MILLER, PW
作者单位：University of Western Australia
摘要：This study is concerned with the determinants of dominant language fluency, its effects on earnings, and its endogeneity with earnings among immigrants. Dominant language fluency is hypothesized to be a function of three fundamental variables: exposure to the language, efficiency in second language acquisition, and economic benefits from language fluency. Conceptual variables with empirical counterparts are developed. Earnings are hypothesized to be a function of language skills, among other v...
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作者：OFLAHERTY, B; SIOW, A
作者单位：University of Toronto
摘要：We examine how up-or-out rules operate as a screening device in the market for lawyers. Using data on large New York law firms, we show that firm growth is a slow and uncertain process because performance as an associate is not an especially informative signal about whether a lawyer will make a good partner and because the costs of mistaken promotion are relatively high. A newly hired associate is unlikely to be a suitable partner and the screening process is relatively imprecise. Firm growth ...
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作者：BAROR, Y; BURBIDGE, J; MAGEE, L; ROBB, AL
作者单位：McMaster University
摘要：Using micro data from the Canadian Survey of Consumer Finances, 1971-91, we investigate the return to a university education. Our conclusions are that while there appears to have been some decline in the return to a university degree during the 1970s in Canada (similar to the United States), the return did not rebound much during the 1980s except among the youngest experience (age) group. There is, however, considerable noise in the ratios from year to year so that one is likely to draw mislea...
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作者：CARD, D; OLSON, CA
作者单位：University of Wisconsin System; University of Wisconsin Madison
摘要：Strike outcomes in the 1880s had a ''winner-take-all'' character. Successful strikes ended with a discrete wage gain; failed strikes ended with a return to work at the prestrike wage. We present a theoretical interpretation of these outcomes based on a war-of-attrition model. We fit an empirical model specifying the capitulation times of the two parties and the size of the wage gain in the event of a strike success. The results show a systematic relation between the determinants of strike succ...
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作者：NALBANTIAN, HR; SCHOTTER, A
作者单位：New York University
摘要：This article presents the results of an experimental study investigating the problem of allocating heterogeneous indivisible objects using market-like mechanisms. The object of study is the market for professional baseball players in their free-agent year. We investigate both the current free-agency system and a variant of the current system instituted informally by the teams and ruled illegal by arbitrators. We then propose and test a new alternative matching mechanism, which proves to have q...
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作者：NEUMARK, D; TAUBMAN, A
作者单位：National Bureau of Economic Research; University of Pennsylvania
摘要：This article tests the implications of the general human capital that (i) at the individual level, there is a negative relationship between the initial wage level and wage growth of inexperienced workers and (ii) at the market level, the ratio of the present values of wage profiles of investors and otherwise identical noninvestors equals one. We find a negative relationship between initial wage levels and wage growth, even after correcting for negative biases in existing estimates of this rela...
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作者：BOWLUS, AJ
摘要：Using National Longitudinal Survey of Youth data on tenure and wages, this article analyzes the extent to which the level of job mismatching varies over the business cycle and how it is dealt with by the labor market. I find significant cyclical variation in job match quality and an internalization of the variation by the labor market through wages. Mismatching occurs more during recessions but is primarily captured in starting wages. The evidence suggests the cyclical phenomenon is one of gen...
