Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Three Essays on Empirical Labour Economics
Author: Three Essays on Empirical Labour Economics
Author: Eyob FissuhThree Essays in Empirical Labour Economics
Author: Mikal SkuterudPublisher:
ISBN:
Category : Employee loyalty
Languages : en
Pages : 360
Book Description
This thesis is a collection of three essays that use what have arguably become the three most common empirical strategies found in the labour economics literature. The first essay uses descriptive analyses to document and explain a long-term secular increase in on-the-job search (OJS) in the U.S. and Canada between the mid-1970s and mid-1990s. Based on observed concomitant trends in job-to job transition rates and returns to wage changing, the OJS increase appears most consistent with a long-term reduction in the costs of searching while employed. Moving beyond descriptive analyses, the second essay takes an instrumental variables approach to estimating the effectiveness of internet job search in reducing unemployment durations. Although raw means indicate shorter unemployment spells among internet searchers, the evidence from a more complete model that controls for observable characteristics suggests no effect of using the internet on unemployment durations. Finally, the third essay employs a differences-in-differences strategy to infer the employment and hours of work effects of Sunday shopping deregulation. The results suggest that deregulation led to a long-run increase in labour demand that was disproportionately satisfied through an increase in the employment level. In conclusion the thesis offers some insights into the relative advantages and disadvantages of these three identification strategies.
Three Essays in Empirical Labour Economics
Author: Miroslav KučeraPublisher:
ISBN:
Category :
Languages : en
Pages : 129
Book Description
The following thesis consists of three essays, each one being a study of issues of accumulation of and returns to human capital using real-world individual-level data. The first study examines what underlies differences in educational attainment between the children of immigrants to Canada and the children of the Canadian-born parents. It concludes that the children of immigrants have done better in terms of schooling, and that individual and family variables as well as unobserved characteristics such as ability cannot fully account for this difference. The second study utilizes unique Canadian surveys to investigate the effects of overeducation on wages of post-secondary graduates. It confirms that jobs requiring a post-secondary degree pay substantially higher wages than jobs that do not require education beyond high-school, and also finds a large variation both in returns to required education as well as in overeducation premia across genders, degrees and fields of study. The last essay proposes and estimates a structural dynamic model of optimal schooling and wages to explain differences between American whites and ethnic minorities of Afro-Americans and Hispanics. The study finds, among other things, that differences in educational attainment between the three ethnics can largely be explained by differences in individual endowments, while behavioural differences seem to be more important in explaining wage differences.
Three Essays on Empirical Labor Economics
Author: Laura WichertThree Essays in Empirical Labor Economics
Author: Donghun ChoThree Essays in Empirical Labour Economics
Author: Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
This dissertation consists of three empirical essays that examine different aspects of wage determination in local labour markets. The first essay investigates whether or not there are human capital externalities or spill-overs from education. I find that the fraction of college graduates in U.S. cities is associated with higher wages in the 1980s but not in the 1990s. To rationalize this pattern, I empirically investigate a model of structural change by Acemoglu (1999) and find considerable support for it in a number of dimensions. Consistent with the notion that there has been a structural change in the labour market, increases in the supply of skilled labour in the 1990s induce a change in the composition of jobs, increase inequality, unemployment, the return to education, and the wages of high-skill workers and harm low-skill workers. The second essay, which is co-authored with Paul Beaudry and David Green, develops a multi-sector search and matching model of the labour market that illustrates a mechanism through which changes in local industrial composition can cause changes in wages in all sectors of the local economy. We empirically test this model using geographical variation in industrial composition across U.S. metropolitan areas from 1970 to 2000 and find that shifts in industrial composition that favor high-paying industries impact wages in other sectors in a manner that is consistent with the model. The third chapter, co-authored with Christopher Bidner, extends the model developed in chapter two to examine the impact of changes in industrial composition on the relative wages of men and women. We find that men lost representation in high-paying industries relative to women and that these losses can account for a substantial portion of the `unexplained' gender pay gap. All three essays use data from the U.S. decennial Censuses and take U.S. metropolitan areas as local labour markets.
Three Essays on Empirical Labour Economics
Author: Nisar AhmadPublisher:
ISBN: 9788790117702
Category :
Languages : en
Pages :
Book Description
Essays in Empirical Labor Economics
Author: Shahriar SadighiPublisher:
ISBN:
Category : Labor economics
Languages : en
Pages : 116
Book Description
My dissertation consists of three essays in empirical labor economics which are self-contained and can be read independently of the others. The first essay, coauthored with Professor Modestino, measures mismatch unemployment in US economy in the post-recession era and explores the heterogeneity among educational groupings. The second essay estimates the changing effects of cognitive ability on wage determination of college bound and non-college bound young adults between 1980s and 2000s. The third essay, coauthored with Professor Dickens, examines the impact of measurement error in survey data on identifying the extent of downward nominal wage rigidity in US economy. Essay I: No Longer Qualified? Changes in the Supply and Demand for Skills within Occupations-- In this study, we extend the framework developed by Sahin et al. (2014) to measure mismatch unemployment since the end of the Great Recession and explore the heterogeneity among educational groupings. Our findings indicate that mismatch across two-digit industries and two- digit occupations explain around 17- 20 percent of the recent recovery in the US unemployment rate since 2010. We also capture movements in employer education requirements over time using a novel database of 87 million online job posting aggregated by Burning Glass Technologies and further show that mismatch is not only greater in magnitude for high-skill occupations but also is more persistent over the course of the recent labor market recovery, possible accounting for the shift rightward that has been observed in the aggregate Beveridge Curve by other researchers. Furthermore, we shed light on at least one of the potential causes of mismatch on the demand side, providing evidence that labor demand shifts among high-skilled occupation groups exhibit a permanent increase in the share of employers requiring a Bachelor's degree as well as other baseline, specialized, and software skills listed on job postings, suggesting a role for structural shifts associated with changes in technology or capital investment. Our results demonstrate that equilibrium models where unemployed workers accumulate specific human capital and, in equilibrium, make explicit mobility decisions across distinct labor markets, can mean that workers are chasing a moving target-at least among high-skilled occupations. Furthermore, our findings inform debates focused on workforce development strategies and related educational policies where decision making could benefit from the use of real-time labor market information on employer demands to provide guidance for both job placement as well as program development. Essay II: The Changing Impacts of Cognitive Ability on Determining Earnings of College Bound and Non-College Bound Young Adults-- Using data on young adults from the 1979 and 1997 National Longitudinal Survey of Youth, I investigate the changing impact of cognitive ability, as captured by performance on AFQT tests, on wage determination of college bound and non-college bound young adults. My findings indicate that cognitive ability plays a substantially diminished role for the most recent cohort and its impact on wage determination has undergone a drastic change between 1980s and 2000s. My results tend to corroborate the findings of previous studies which emphasize the lifecycle path of technological development from adoption to maturation and trace back the labor market outcomes observed over these periods to pre- and post-2000 patterns in technology investment and its consequent boom-and-bust cycles in the demand for cognitive skills. Essay III: Measurement Error in Survey Data and its Impact on Identifying the Extent of Downward Nominal Wage Rigidity-- In this study, we employ data drawn from the 1996, 2001, 2004 and 2008 panels of the SIPP, which cover the years 1996-2013, to assess the effectiveness of dependent interviewing at reducing bias in the estimates of the extent of downward nominal wage rigidity in the US economy. In the 2004 and 2008 panels of the SIPP, dependent interviewing was used much more extensively than in the past. This questioning method by focusing on changes rather than levels of wages and using responses from prior interviews to query apparent inconsistencies over time reduces the incidence of reporting and measurement errors. Our change-in-wage distributions derived from SIPP 2004 and 2008 panels exhibit remarkably larger zero-spikes and asymmetries vis-℗♭℗ -vis those derived from 1996 and 2001 panels before dependent interviewing was used. These results are consistent with the findings of previous studies that used payroll data or statistical techniques to correct for reporting error. We apply one such technique to the SIPP panels before and after the introduction of dependent interviewing. In the pre-2004 panels the correction is large and results in a distribution that closely resembles the uncorrected distributions of the 2004 panel. When the correction is applied to the 2004 panel no evidence of errors is found.
Three Essays in Labor Economics
Author: Douglas StaigerPublisher:
ISBN:
Category : Employment (Economic theory)
Languages : en
Pages : 144
Book Description