Labor Reallocation, Employment, and Earnings: Vector Autoregression Evidence

Lecture 6 : Vector Autoregression ∗

The Earnings and Employment of Nurses: Evidence from the 1990s

Previous research on the labor market for nurses has demonstrated rather substantial wage and employment gains for nurses during the 1980s and into the early 1990s. This paper documents the decline in real and relative wages for nurses beginning in the early 1990s. Average real wages for RNs decreased from 1993 to 1997 and, compared to college educated females, relative RN wages decreased by 2....

Trade and Labor Reallocation with Heterogeneous Enforcement of Labor Regulations

Trade and Labor Reallocation with Heterogeneous Enforcement of Labor Regulations This paper revisits the question of how trade openness affects labor market outcomes in a developing country setting. We explore the fact that plants face varying degrees of exposure to global markets and to the enforcement of labor market regulations, and rely on Brazil’s currency crisis in 1999 as an exogenous so...

Self-Employment and Labor Turnover in LDCs: Cross Country Evidence*

The paper uses cross-country data from Latin America and the OECD to test the predictions of a simple efficiency wage model (Krebs and Maloney 1998) about the share of employment in self-employment and the rate of labor turnover. It finds support for the model and finds numerous demographic, economic and labor market institutions to be important to determining both self-employment and turnover....

Jan Schymik: Earnings Inequality and the Global Division of Labor: Evidence from the Executive Labor Market

Many industrialized economies have seen a rapid rise in top income inequality and in the globalization of production since the 1980s. In this paper I propose an open economy model of executive pay to study how offshoring affects the pay level and incentives of top earners. The model introduces a simple principal-agent problem into a heterogeneous firm talent assignment model and endogenizes pay...