Figure 1 - uploaded by Luca Deidda
Content may be subject to copyright.
Source publication
Context in source publication
Context 1
... wage dispersion (not controlling for tenure) within the first of the two groups should be higher than the second, so long as wages gradually reflect true productivity as the employment relationship evolves over time. Indeed, this matches the evidence reported in figure 12 according to which while within group wage dispersion has gone up for all educational groups, it has gone up more for CGs than it has for PGs. ...
Similar publications
This paper shows that increased factor mobility might cause the “race to the top” in minimum wage settings, contrary to what other studies have suggested. By focusing on geographical labor mobility, we propose a minimum wage competition model and show that minimum wage rates may increase after a significant increase in mobility because it allows ea...
We quantify the importance of precautionary labor supply using data from the German Socio-
Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented
with a measure of wage risk. Our results show that married men choose about 2.5% of their hours
of work or one week per year on average to shield against unpredictable w...
Citations
We study the interaction between production and R&D patterns in a open-economies model of endogenous growth. Unlike existing studies, we treat the two industries entirely symmetrically—both are imperfectly competitive, and engage in sector-specific expanding-product-variety or quality-ladder innovation activities. To achieve a more satisfactory analytical characterization, we eliminate scale effects and impose strict concavity rather than linearity on the contribution of skilled labour to industry R&D. With imperfect international knowledge spillovers, an increase in one country’s skilled-labour endowment above the other’s affects production and R&D activities in both countries, with the resulting increased production and research specialization across countries raising world innovation rates in both industries. Surprisingly, increasing one country’s skilled-labour endowment towards the other’s can reduce world innovation rates in both industries, on account of the resulting reduced specialization. Broader implications of the analysis are also discussed.
