Labor-Force Heterogeneity and Asset Prices: The Importance of Skilled Labor

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

House prices and female labor force participation

Is there a causal connection between house prices and labor force participation of married women? The simple correlation between house prices and married women’s labor force participation across U.S. metro areas is positive. Plausible, informal arguments have been advanced to support causation in either direction: prices raising participation (negative income effects of higher house prices lead...

متن کامل

Optimal ( Capital ) - Taxation and ( Female ) - Labor Force Participation – The Importance of Labor Market Flows ∗

This paper asks how good actual US-fiscal policy was on average and over the cycle in the last 40 years compared to a Ramsey-optimal policy of a frictional labor market model. In our model labor taxes are intertemporally distortive, making the trade-off between capital and labor taxes interesting. Quantitatively, (optimal) taxation results hinge upon an estimate of the intratemporal elasticity ...

متن کامل

Skilled Labor Risk and Compensation Policies

We measure U.S. publicly traded companies’ exposures to skilled labor risk, i.e., the potential failure in attracting and retaining skilled labor, by the intensity of their discussions on this issue in their 10-K filings. We show that this measure effectively captures firm risk due to the mobility of skilled labor. We find that skilled labor risk is an important determinant of corporate compens...

متن کامل

The Impact of International Migration on the Economy with the Assumption of Labor Heterogeneity

T his study investigated the effect of international labor migration on Iran’s economy using a neo-classical growth model with the assumption of labor heterogeneity within the framework of dynamic stochastic general equilibrium model. After solving the model, the obtained equations were linearized and different values were assigned to the parameters according to Iran’s economy inform...

متن کامل

How Low - skilled Immigration Is Changing US Prices and Labor Markets : Three Essays

This dissertation consists of three essays on the effects of low-skilled immigration on US prices and labor markets. The first essay uses confidential data from the Consumer Price Index to estimate the causal effect of low-skilled immigration on the prices of non-traded goods. Then, it combines wage and price effects with consumption patterns of native skill groups to determine the net benefits...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: The Review of Financial Studies

سال: 2017

ISSN: 0893-9454,1465-7368

DOI: 10.1093/rfs/hhx070