-
作者：Kugler, AD; Sauer, RM
作者单位：University of Houston System; University of Houston; Pompeu Fabra University; University of Southampton
摘要：Relicensing requirements for professionals who move across borders are widespread. In this article, we measure the effects of occupational licensing by exploiting an immigrant physician retraining assignment rule. Instrumental variables and quantile treatment effects estimates indicate large returns to acquiring an occupational license and negative selection into licensing status. We also develop a model of optimal license acquisition that, together with the empirical results, suggests that st...
-
作者：Krueger, AB
作者单位：Princeton University; National Bureau of Economic Research
摘要：Beginning in 1997, the price of concert tickets took off and ticket sales declined. From 1996 to 2003, for example, the average concert price increased by 82%, while the CPI increased by 17%. Explanations for price growth include ( 1) the possible crowding out of the secondary ticket market, ( 2) rising superstar effects, ( 3) Baumols and Bowen's disease, ( 4) increased concentraion of promoters, and ( 5) the erosion of complementarities between concerts and album sales because of file sharing...
-
作者：Chin, A
作者单位：University of Houston System; University of Houston
摘要：In 1942, all Japanese were evacuated from the West Coast and incarcerated in internment camps. To investigate the long-run economic consequences of this historic episode, I exploit the fact that Hawaiian Japanese were not subject to mass internment. I find that the labor market withdrawal induced by the internment reduced the annual earnings of males by as much as 9%-13% 25 years afterward. This is consistent with the predictions of an economic model that equates the labor market withdrawal in...
-
作者：Christensen, BJ; Lentz, R; Mortensen, DT; Neumann, GR; Werwatz, A
作者单位：Aarhus University; Boston University; Northwestern University; University of Iowa; University of Potsdam
摘要：The article structually estimates an on-the-job search model of job separations. Given each employer pays observably equivalent workers the same but wages are dispersed across employers, an employer's separation flow is the sum of an exogenous outflow unrelated to the wage and a job-to-job flow that decreases with the employer's wage. Using data from the Danish Integrated Database for Labour Market Research, the empirical results imply, as predicted by theory, that search effort declines with ...
-
作者：Cardoso, AR; Portugal, P
作者单位：IZA Institute Labor Economics; Universidade do Minho; Universidade Nova de Lisboa; IZA Institute Labor Economics
摘要：How does a typically European bargaining system, with collective bargaining and national minimum wage, coexist with low unemployment and high wage flexibility? A unique data set on workers, firms, and collective bargaining contracts in Portugal is used to analyze the determinants of both the contractual wage and the wage cushion ( difference between contractual and actual wages). The results indicate that the wage cushion stretches the returns to worker and firm attributes, whereas it shrinks ...
-
作者：DellaVigna, S; Paserman, MD
作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research; Hebrew University of Jerusalem
摘要：Workers who are more impatient search less intensively and set lower reservation wages. The effect of impatience on exit rates from unemployment is therefore unclear. If agents have exponential time preferences, the reservation wage effect dominates for sufficiently patient individuals, so increases in impatience lead to higher exit rates. The opposite is true for agents with hyperbolic time preferences. Using two large longitudinal data sets, we find that impatience measures are negatively co...
-
作者：Kuhn, P; Weinberger, C
作者单位：University of California System; University of California Santa Barbara
摘要：Controlling for cognitive skills, we find that men who occupied leadership positions in high school earn more as adults. The pure leadership-wage effect varies, depending on definitions and time period, from 4% to 33%. This effect is not an artifact of measurement error in cognitive skills or differences in a wide array of other physical or psychological traits. High school leaders are more likely to occupy managerial occupations as adults, and leadership skills command a higher wage premium w...
-
作者：Ziliak, JP; Kniesner, TJ
作者单位：University of Kentucky; Syracuse University
摘要：We estimate the incentive effects of income taxation in a life-cycle model of consumption and labor supply without intratemporal strong separability. We find that consumption and hours worked are direct complements in utility; both increase with a compensated increase in the net wage. The compensated net wage elasticity is about 0.3, nearly double estimates for U. S. men from a linear labor supply specification. Estimated intertemporal elasticities indicate significant intertemporal smoothing ...
-
作者：Bollinger, CR; Chandra, A
作者单位：University of Kentucky; National Bureau of Economic Research; IZA Institute Labor Economics; Dartmouth College
摘要：It is common practice to use sensible rules of thumb for cleaning data. Measurement error is often the justification for removing (trimming) or recoding (winsorizing) observations where the dependent variable has values that lie outside a specified range. We consider a general measurement error process that nests many plausible models. Analytic results demonstrate that winsorizing and trimming are solutions for a narrow class of error processes. Indeed such procedures can induce or exacerbate ...
-
作者：Lluis, S
作者单位：University of Minnesota System; University of Minnesota Twin Cities
摘要：This article measures the importance of job level assignment based on comparative advantage and learning about workers' ability in explaining intrafirm wage and mobility dynamics using survey data from the German Socio-Economic Panel. The results reveal the importance of nonrandom selection of workers into the rungs of the firm's job ladder. Measured and unmeasured ability play important roles in workers' rank assignment, with unmeasured ability being more important at higher levels of the hie...
