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作者:Hwang, HS; Mortensen, DT; Reed, WR
作者单位:Texas A&M University System; Texas A&M University College Station; Northwestern University; University of Oklahoma System; University of Oklahoma - Norman
摘要:This article investigates the consequences of labor market search for the theory of hedonic wages. We find that the introduction of search has surprising consequences for the theory of hedonic wages. In particular, we demonstrate that the equilibrium distribution of wage and nonwage amenity bundles generally bears little resemblance to workers' underlying preferences. A consequence of this analysis is that estimates of workers' marginal willingness to pay, derived from the conventional hedonic...
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作者:Rogers, CL
作者单位:University of Oklahoma System; University of Oklahoma - Norman
摘要:Over the years there have been frequent changes in unemployment insurance(UI) benefits. Such changes could influence spells in progress as well as future spells. If individuals anticipate changes, they are likely to adjust their behavior. The effect of changes in benefits on unemployment duration, therefore, will be difficult to predict accurately without accounting for individual expectations. This article investigates the extent to which individuals anticipate changes in UI entitlement. The ...
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作者:Kreider, B
作者单位:University of Virginia
摘要:A worker's decision whether to apply for public transfers may depend not only on his expected level of forgone labor earnings but also on his degree of uncertainty about such earnings. This article provides theory and evidence about the effects of earnings and eligibility uncertainty on participation decisions. The application rate to the Social Security Disability Insurance program is estimated to be about 15% higher than it would be in the absence of earnings risk. As an application to tax p...
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作者:Lane, J; Parkin, M
作者单位:American University; Western University (University of Western Ontario)
摘要:We use a unique data set to investigate whether a matching model can describe turnover in an accounting firm. The main focus of the article is to determine whether the probability of separation from employment varies in the way described by Jovanovic. The evidence suggests that as tenure increases both terminations and quits follow the predicted pattern.
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作者:Royalty, AB
作者单位:Stanford University
摘要:Using multinomial probit estimates of the probability of job-to-job and job-to-nonemployment turnover, I find that differences between women's and men's turnover are due to the behavior of less educated women. Both the job-to-job and job-to-nonemployment turnover of less educated women are significantly different from that of more educated women as well as both groups of men. I also find that distinguishing between types of turnover-job-to-job versus job-to-nonemployment-is quite important, pa...
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作者:Blau, DM
作者单位:University of North Carolina; University of North Carolina Chapel Hill
摘要:This article analyzes the dynamics of joint labor force behavior of older couples in the United States. Using the Retirement History Survey (RHS) I analyze the determinants of joint retirement and the effect of one spouse's labor force status on the labor force transitions of the other spouse. The results reveal strong associations between the labor force transition probabilities of one spouse and the labor force status of the other spouse. These result from structural differences in exit and ...
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作者:Lemieux, T
作者单位:Universite de Montreal; National Bureau of Economic Research
摘要:This article considers the estimation of the structure of wages in union and nonunion sectors. It proposes an estimator that extends standard panel data techniques to the case in which the return to the permanent component of the error term is differently rewarded in the two sectors. The econometric model is used to estimate the effect of unions on both the level and the variance of wages in Canada. The findings indicate that unions increase the average wage of workers and compress the returns...
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作者:Galizzi, M; Lang, K
作者单位:Boston University
摘要:Using Italian Social Security records for male workers from a sample of firms in Turin from 1981 to 1983, we show that conditional on the worker's own wage the average wage in the establishment for similar workers is negatively related to quits. We also find that this variable predicts future wage growth. This is consistent with an economic model in which workers compare the long-run value of employment opportunities when making quit decisions.
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作者:Daniel, C; Sofer, C
作者单位:Universite de Orleans; Centre National de la Recherche Scientifique (CNRS)
摘要:The theory of compensating differentials predicts a negative relationship between wages and good working conditions, while the theory of segmentation predicts a positive one. Combining the hedonic wage model and the wages-employment collective bargaining model, we show the relevance of a further factor: a union power effect. Then we test the validity of this effect with French cross-section data. Empirical results confirm the predictions of the model, that is, the coexistence of a negative rel...
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作者:Kim, DI
作者单位:Rice University
摘要:This article builds a simple model of worker sorting and match-specific productivity to explain interindustry wage differentials. High-skilled workers sort themselves into the industries offering more jobs that are better matched to them, and those industries pay higher wages (on average). In job transition following an exogenous job separation, the likelihood of industry switching is higher among marginal workers -low- (high-) skilled workers in high- (low-)wage industry. Empirical findings f...