Relative Pay and Labor Supply PDF Download

Author: Anat Bracha
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

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Author: Anat Bracha
Publisher:
ISBN:
Category :
Languages : en
Pages : 11

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Relative pay -- earnings compared with the earnings of others doing a similar job, or compared with one's earnings in the past -- affects how much individuals would like to work (labor supply) and their effort on the job; it therefore has implications for both employers and policy makers. A collection of recent studies shows that relative pay information, even when it is irrelevant, significantly affects labor supply and effort. This effect stems mainly from those who compare unfavorably, as essentially all studies find that awareness of earning less than others or less than in the past significantly reduces labor supply or effort on the job. Comparing favorably, however, has mixed effects. For labor supply, awareness of pay differences either has a positive effect, when the comparison is with past pay, or no effect, when the comparison is with others' pay, and it generally has no effect on exertion of effort.

Author: Malcolm S. Cohen
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 258

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Micromodel of labour supply in respect of adult men, the woman worker and young workers in the USA - describes the statistical method used, covers the response of labour supply to wages rates and the rate of unemployment in standard metropolitan statistical areas (urban areas), etc., and examines the effect of educational levels, age group differences, etc. Statistical tables.

Author: Harold Wool
Publisher:
ISBN:
Category : Employment forecasting
Languages : en
Pages : 124

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Author: Mr.Alun H. Thomas
Publisher: International Monetary Fund
ISBN: 1451857535
Category : Business & Economics
Languages : en
Pages : 27

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This paper assesses the responsiveness of wages and labor force movements to employment shocks across British and U.S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all three areas in that each area’s real wage responds very little to employment shocks. However, the response of the labor force to employment shocks is much greater in the United States compared to Europe. The strong labor force response in the United States prevents any persistence in relative regional unemployment rates whereas the lack of mobility in Europe results in persistent unemployment rate differentials across British regions and European nations. Europe must therefore adopt measures to reduce barriers to immobility if it is to succeed in moderating the persistence in relative unemployment rates.

Author: Ronald D'Amico
Publisher:
ISBN:
Category : Married women
Languages : en
Pages : 40

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Author: Jacob Mincer
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 368

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These essays focus on the family context of labour supply, especially that of women. Special attention is devoted to wage incentives and wage consequences of labour supply and to long term trends in the female labour force, a major phenomena of the 20th century. Mincer discusses labour supply in the family context, labour supply, human capital and the gender wage gap and labour supply with wage floors.

Author: Wayne Vroman
Publisher:
ISBN:
Category : African American men
Languages : en
Pages : 27

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Author: Chinhui Juhn
Publisher: A E I Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 48

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Author: Orley Ashenfelter
Publisher:
ISBN:
Category : Labor economics
Languages : en
Pages :

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