Compensating Wage Differentials and the Duration of Wage Loss
Author | : Daniel S. Hamermesh |
Publisher | : |
Total Pages | : 27 |
Release | : 1986 |
Genre | : Unemployment |
ISBN | : |
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Author | : Daniel S. Hamermesh |
Publisher | : |
Total Pages | : 27 |
Release | : 1986 |
Genre | : Unemployment |
ISBN | : |
Author | : Robert Stewart Smith |
Publisher | : |
Total Pages | : 84 |
Release | : 1973 |
Genre | : Industrial safety |
ISBN | : |
Author | : Sherwin Rosen |
Publisher | : University of Chicago Press |
Total Pages | : 408 |
Release | : 2007-12-01 |
Genre | : Political Science |
ISBN | : 0226726304 |
The papers in this volume present an excellent sampling of the best of current research in labor economics, combining the most sophisticated theory and econometric methods with high-quality data on a variety of problems. Originally presented at a Universities-National Bureau Committee for Economic Research conference on labor markets in 1978, and not published elsewhere, the thirteen papers treat four interrelated themes: labor mobility, job turnover, and life-cycle dynamics; the analysis of unemployment compensation and employment policy; labor market discrimination; and labor market information and investment. The Introduction by Sherwin Rosen provides a thoughtful guide to the contents of the papers and offers suggestions for continuing research.
Author | : Thomas F. Crossley |
Publisher | : |
Total Pages | : 48 |
Release | : 1998 |
Genre | : Displaced workers |
ISBN | : |
Author | : John F. Burton |
Publisher | : Cornell University Press |
Total Pages | : 180 |
Release | : 1988 |
Genre | : Business & Economics |
ISBN | : 9780875461441 |
Author | : Mahmood Arai |
Publisher | : |
Total Pages | : 24 |
Release | : 1991 |
Genre | : Supervision of employees |
ISBN | : |
Author | : Paul L. Schumann |
Publisher | : |
Total Pages | : |
Release | : 1985 |
Genre | : |
ISBN | : |
Our paper estimates the extent to which employees are compensated for an unfavorable job characteristic, being required to accept mandatory assignment of overtime, by receiving higher straight-time wages. Our estimating equations are derived from a model in which wage rates and the existence of mandatory assignment of overtime are jointly determined in the market by the interaction of employee and employer preferences. While - on average, we do not observe the existence of a compensating wage differential for mandatory overtime, we do observe the existence of such differentials for unionized workers and workers with only a few years experience at a firm. Given any estimated compensating wage differential for an unfavorable working condition, one must decide whether its magnitude is sufficiently large to allow one to conclude that the differential fully compensates workers for the disutility of being subject to the unfavorable working condition. We develop and illustrate a methodology that can be used to answer this question, at least for the case of mandatory overtime provisions and other rules that restrict employees' choice of hours