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作者:Cater, BI
作者单位:Trent University
摘要:This article offers an explanation of the postinjury employment, wage, and accommodation patterns of permanently impaired workers. In particular, it argues that the observed tendency of time-of-accident employers to rehire at the preinjury wage, accommodate, and then, perhaps, quickly terminate the impaired worker, is a manifestation of the worker's preferred contract. That contract is characterized by wage inflexibility. By removing the opportunity for the postinjury employer to underreport p...
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作者:Keane, MP; Wolpin, KI
作者单位:New York University; University of Pennsylvania
摘要:In this article, we provide quantitative evidence on the effects of monetary incentive schemes designed to reduce racial differences in school attainment and earnings. Our analysis is based on the structural estimation of a dynamic model of schooling, work, and occupational choice decisions over the life cycle. We consider two recent proposals that, although not specifically targeted to blacks, can be expected to have differential racial impacts. One proposal, suggested by Robert Reich, provid...
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作者:Walsh, F
摘要:The pattern of effort and wages is derived in a multisector efficiency wage model. Firms choose effort endogenously. Easily monitored or low-turnover jobs have high effort and may have low wages in equilibrium. Empirical wage differentials from a measure of supervision are smaller than observed industry differentials that have been attributed to efficiency wage models and are closer to those predicted by the model. Workers can search for and avail of on-the-job offers. If sectors grow at diffe...
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作者:Kreider, B
作者单位:University of Virginia
摘要:This article provides new evidence about the impact of Social Security Disability Insurance on male labor force participation decisions based on estimates from a structural model of applications, awards, and state-contingent lifetime income flows. The lifetime framework makes it possible to consider long-term opportunity costs associated with early labor force withdrawal and the disincentive to applications resulting from the statutory waiting period before benefits may be received. Estimation...
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作者:Entorf, H; Gollac, M; Kramarz, F
作者单位:University of Wurzburg
摘要:We study the effect of: new technologies (NT) on wages and employment using a unique panel that matches data on individuals and on their firms. As in the United States, we show that computer users are better paid than nonusers (15%-20% more). But these workers were already better compensated before the introduction of the NTs. Total returns to computer use amount to 2%. Measurement errors do not affect our estimates. Furthermore, computer users are protected from job losses as long as bad busi...
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作者:Baker, M; Benjamin, D
作者单位:University of Toronto; National Bureau of Economic Research
摘要:We examine the (sequential) introduction of early retirement provisions to Canada's two public pension plans. These reforms provide a unique opportunity to assess the effect of public pension plan parameters on labor supply behavior, free of the biases that potentially affect the simple time-series or cross-section inference presented in many previous studies. We find that the reforms led to an increase in pension receipt but had little immediate effect on labor market behavior. This is due to...
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作者:Booth, AL; Frank, J
作者单位:University of Essex; University of London; Royal Holloway University London
摘要:Jobs with performance-related pay (PRP) attract workers of higher ability and induce workers to provide greater effort. We construct an integrated model of effort and sorting that clarifies the distinction between observable and unobservable ability and the relationship between earnings and productivity. Predictions are tested against data from the British Household Panel Survey (BHPS). The PRP raises wages by 9% for men and 6% for women. Theoretical calculations show that these estimated earn...
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作者:Goux, D; Maurin, E
摘要:We estimate interindustry wage differentials using new French longitudinal data that allow a tracking of workers and their firms over time; We find that; when measured on a cross-sectional basis, they primarily reflect the interindustry variations in unmeasured labor quality. However, interindustry wage differentials are only a minor component of interfirm wage differentials. The average differential in wages paid to the same workers by different firms is about 20%-30%. In a given industry, wa...
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作者:Montgomery, JD
作者单位:University of London; London School Economics & Political Science
摘要:This article examines a dynamic adverse-selection model that generates equilibrium employment cycles. In the model, firms hire workers from unemployment, observe workers' productivity through time, and (following the profit-maximizing rule) eventually fire unproductive workers. If hiring costs are low, the dynamical system converges to a steady state in which the unemployment pool contains mostly low-ability workers. However, if hiring costs are sufficiently large, this lemons effect would mak...
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作者:Hellerstein, JK; Neumark, D; Troske, KR
作者单位:University System of Maryland; University of Maryland College Park; National Bureau of Economic Research; University of Missouri System; University of Missouri Columbia
摘要:We use a unique new data set that combines data on individual workers and their employers to estimate marginal productivity differentials among different types of workers. We then compare these to estimated relative wages, leading to new evidence on productivity-based and nonproductivity-based explanations of the determination of wages. Among our findings are (1) the higher pay of prime-aged workers (aged 35-54) and older workers (aged 55+) is reflected in higher point estimates of their relat...