Efforts and Wages

Efforts and Wages
Author: Edward E. Leamer
Publisher:
Total Pages: 52
Release: 1998
Genre: Wage differentials
ISBN:

We provide evidence that US workers face a wage-effort offer curve with the high-wage high-effort jobs occurring in the capital intensive sectors. We find that real wage offers rose at every level of effort during the 1960's, a shift which is consistent with a decline in the rental cost of capital. During the 1970's, when relative prices of labor-intensive goods declined, the wage-effort offer curve twisted, offering lower pay for the low-paid jobs in the labor-intensive sectors but higher pay for the high-paid jobs in the capital-intensive sectors. In the 1980's, workers at every wage level began to work more hours for the same weekly wage. This we loosely attribute either to the increasing cost of non-wage benefits, especially health care, or to the introduction of new equipment. In studying the wage-effort offer curve rate of unionization, education, and rent sharing.

Internal and External Labor Markets

Internal and External Labor Markets
Author: John M. Abowd
Publisher:
Total Pages: 44
Release: 1997
Genre: Employees
ISBN:

We decompose the real annual full time compensation costs of 1.1 million French workers followed over 12 years into a part that reflects their external opportunity wage and a part that reflects their internal wage rate. Using these components of compensation we investigate the extent to which firm-size wage differentials and inter-industry wage differentials are due to variability in the external wage (person effects) versus variability in the internal wage (firm effects). For France, we find that most of the firm-size wage effect and most of the inter-industry wage effect is due to person effects differences in the external wage rates.

Migration and the Inter-Industry Wage Structure in Germany

Migration and the Inter-Industry Wage Structure in Germany
Author: John Haisken-De New
Publisher: Springer Science & Business Media
Total Pages: 214
Release: 2012-12-06
Genre: Political Science
ISBN: 3642801420

Although the issue of migration has received substantial attention in public debate in most countries of the West, only moderately satisfactory attention has been given in the economic literature. This book analyses the case of Germany from an economic point of view. It examines questions such as: Are there substantial negative side-effects of migration, faced by native workers, as sometimes publicly claimed? Do highly skilled and unskilled natives experience different effects? Do certain foreigner national groups affect natives differently? How important is the level of education of these incoming foreigners in determining wage impacts on natives? Do native workers in some industries profit from migration, while others suffer? How is the industrial wage structure affected by migration, if at all?