Research in Labor Economics - Böcker

This volume contains 13 new and important never before published chapters covering aspects of the employer-employee relationship. The volume is focused at the academic audience, but is also geared to government and business policy makers worldwide. The chapters use data from the US, Europe, Asia, and the Middle-East to answer a number of vital labor market questions. These include: Why has part-time work increased so dramatically in the 15 European Union countries? What changes in retirement behavior will be expected as countries change pension laws? Why do firms often use fixed-term instead of long-term employment contracts? How do employee work interruptions affect occupational choice? Why do both employers and employees often prefer additional fringe benefits to wage increases? Do academic certifications really signal higher worker quality? How is an individual's work ethic influenced by others in residential neighborhoods? And, why do risky jobs often pay lower wages when one might expect employees need better remuneration to take dangerous jobs?

"Research in Labor Economics" focuses on various aspects of labor markets and how these markets affect our well-being. As such, this volume contains eleven chapters: three on labor supply, directly dealing with various aspects of the participation decision; two on human capital, the accumulation of worker skills; three directly on employee earnings; and three on the distribution of earnings throughout society.

This work carries seven papers that analyze the effect of government and corporate actions on individuals' labor market behavior and seven others from a November 1996 conference at Cornell University discuss new empirical research on employer training.

How do technology, public works projects, mental health, race, gender, mobility, retirement benefits, and macroeconomic policies affect worker well-being? This volume contains fourteen original chapters utilizing the latest econometric techniques to answer this question. The findings include the following: technology gains explain over half the decline in U.S. unemployment and over two-thirds the reduction in U.S. inflation; universal health coverage would reduce U.S. labor force participation by 3.3 per cent; blacks respond to regional rather than national changes in schooling rates of return, perhaps implying a more local labor market for blacks than whites; employee motivation enhances labor force participation, on-the-job training, job satisfaction and earnings; male and female promotion and quit rates are comparable once one controls for individual and job characteristics; public works programs designed to increase a worker's skills do not always increase reemployment; and, U.S. pension wealth increased about 20 per cent - 25 per cent over the last two decades.

How do workers fare in a continually changing labor market? This volume contains fifteen original scientific papers each examining how socio-economic changes affect worker wellbeing. Among the findings are: most increases in female labor force participation occur among women with high husbands' earnings, dispelling the myth that shrinking husbands' relative earnings cause women's work activities to rise; increased globalization equalizes pay between but expands pay within corporate establishments; high quality colleges widen the earnings distribution for top earners but only negligibly affect earnings for low wage earners; mathematical success depends on school quality more so than verbal learning; and adult daughters who visit ailing parents daily in a nursing home decrease their annual labor supply by about 1,000 hours implying a welfare loss of 180,000 dollars. Findings are: physical and/or sexual abuse appear to afflict over 30 per cent of the population leading to a 15 per cent drop in employment probability and a 32 per cent loss in wages; and, training workers in an entirely new occupation raises an employee's wage growth while training workers in the same occupation decreases their wage growth, at least during the Russian economy's recent transition.

Increasingly policy makers are focusing on the importance of skills and lifelong learning. The reason for this is that workers with sufficient and up-to-date skills are more productive and have more potential to remain employed. However, the processes that influence skill obsolescence, have largely been neglected in labor economics. It was in the 1990s that skill issues came to the top of the agenda, because of the general awareness of the rapid technological developments that affect the demand for human capital. Although the analysis of skill-biased technological change is at the heart of this debate, in recent years, the literature has become wider than simple consideration of this aspect and has started to embrace other causes of obsolescence. The papers in this volume are selected from the papers presented at a conference on Understanding Skills Obsolescence. They advance both the theoretical and empirical understanding of the causes and the effects of skills obsolescence.

This volume contains 15 essays devoted to a number of multifaceted issues regarding how public policy affects worker well-being. Of the 15 chapters, the first two are the more general, dealing with overall earnings distribution and overall changes in welfare policy. The remaining chapters examine specific aspects of human welfare. They cover: fertility, disability, minimum wage, pension wealth, human capital investment, migration, health, and earnings. The book culminates with four chapters relating to gender and the family. Ultimately, determining who works, how much is earned, and how these earnings get distributed define the components of individual and social welfare. The topics covered in this volume shed light on these questions.

This volume comprises 12 chapters, each accounting for a particular aspect of worker well-being. Among the issues addressed are: employee compensation, job loss, disability, health, gender, education, contract negotiation, and macroeconomic labor policy. The volume provides answers to a number of important questions. For example, why do smaller, newer companies better match CEO pay to profits than old, established corporations? Which demographic groups are most prone to job losses? What does marital status have to do with the glass ceiling? Does retiring from work increase one's mental health? Does domestic violence drive women to work more? Do higher educational subsidies lead to more schooling than larger educational rates of return? In short, the volume addresses a number of important policy-related research issues on worker well-being facing labor economists today.

This volume is a collection of papers dedicated to the memory of the late Tikva Lecker. Professor Lecker's many interests included topics in labor economics, women and the economy, the economics of Judaism, the economics of migration and every aspect of the economic experience of immigrants and their descendants. Each chapter in this volume honors the memory of Professor Lecker by presenting research on a topic in which she was especially interested. "The Research in Labor Economics" series was started in 1977. Each volume consists of a collection of refereed research papers written by top economists. Recent volumes have hosted papers from D. Acemoglu, J.D. Angrist, D. Card, H. Farber, A. Kreuger, E. Lazear, G. Field, and J. Mincer, among others.

This volume contains eight contributions aimed to advance policy analysis using the European tax-benefit micro-simulation model, EUROMOD. Microsimulation allows computing the whole set of taxes and benefits of a country and the resulting budget constraint for each household of a representative dataset. Thus, it can be used to evaluate how existing fiscal policies alter inequality, poverty and the overall income distribution. In addition, the simulation of financial incentives considerably improves the econometric estimations of labor supply behaviors, fertility choices, and marital decisions, thereby allowing better prediction to policy changes. EUROMOD goes once step further in the process of helping policy design: based on homogenized datasets and harmonized definitions of tax-benefit instruments, it allows to perform comprehensive international comparisons of EU-15 countries and to evaluate the optimality of tax-benefit policies. For instance, one can assess the effect of a common reform in particular institutional settings or the transmission of a tax-benefit system from one country to another. After an introductory chapter that present the history and the scope of the EUROMOD project, seven chapters on different policy issues follow. Among the discussed themes are: the relevance of the British tax credit to encourage female employment in continental Europe, the impact of hypothetical child benefits on child poverty in Southern Europe, the variety of effects of the same standard pension reform once implemented in different European countries, the role of the fiscal drag as an automatic stabilizer and its effect on labor costs, the revelation of social preferences from actual implicit tax rates. It aims to advance policy analysis using the European Tax-benefit Model. It evaluates how existing fiscal policies alter inequality, poverty and the overall income distribution. It investigates how financial incentives considerably improve the econometric estimations of labor supply behaviors, fertility and matrial choices.

This volume contains thirteen new and original chapters on topics relating to worker well-being. It deals directly with how economic institutions affect individual and family earnings distributions. Topics covered include job training, worker and firm mobility, unions, collective bargaining, minimum wages, unemployment insurance and schooling. Among the questions answered are: To what extent do greater work hours of women mitigate the widening of the family earnings distribution? To what extent does the decline in unionization widen the distribution of earnings? To what extent do computers expand the earnings distribution? To what extent does the Russian wage distribution change if one accounted for wage arrears? To what extent does business relocation bring about job creation and job destruction? To what extent does maternal education increase children's education? To what extent do job skills matter for low-income workers? And finally, why do minimum wage increases often fail to lead to increases in unemployment? There are thirteen new and original chapters containing research on aspects of worker well-being. Each chapter is written by experts in the field.

Immigration to what is now the United States has been a contentious issue from the earliest days of the European settlement. The tension between those opposing further immigration on either social or economic grounds and those favoring it has continued over these 3 1/2 centuries to this very day. The complexity of the immigration debate has intensified over the past few decades because of changes in the role of the United States in the international arena, changes in the way Americans view themselves, and changes in the U.S. economy. The growth of the role of government in providing medical, educational and income transfer benefits (in kind and in cash), especially to low-income families has implications for the impacts on the U.S. economy of low-skilled immigrants. The change in the structure of the economy, from a growing demand for production workers in factories and mines to an economy with a declining demand in these sectors but a high demand for workers with high levels of technical and managerial skill, also has implications for immigration policy. In this complex environment, immigration policy has again risen to the forefront. What has been recent immigration history and what have been the consequences of these inflows of people? The purpose of this volume is to address these contemporary issues.

This volume contains 13 new and important never before published chapters covering aspects of the employer-employee relationship. The volume is focused at the academic audience, but is also geared to government and business policy makers worldwide. The chapters use data from the US, Europe, Asia, and the Middle-East to answer a number of vital labor market questions. These include: Why has part-time work increased so dramatically in the 15 European Union countries? What changes in retirement behavior will be expected as countries change pension laws? Why do firms often use fixed-term instead of long-term employment contracts? How do employee work interruptions affect occupational choice? Why do both employers and employees often prefer additional fringe benefits to wage increases? Do academic certifications really signal higher worker quality? How is an individual's work ethic influenced by others in residential neighborhoods? And, why do risky jobs often pay lower wages when one might expect employees need better remuneration to take dangerous jobs?

More than 190 million children under 15 are working in the world today. Academic and policy research on child labor and related questions about how children spend their time in low income countries has boomed in recent years. This volume contains fresh knowledge to help better understand the relationship between child labor and the transition between school and work. It contains 11 original research papers by authors from Africa, Asia, Latin America as well as the United States and Europe. These papers offer insights and answers to issues such as: how to measure child labor; how the returns to education in the adult labor market affect children's school enrollment; how cash transfer programs affect schooling and children's participation in market and non-market activities; how child labor and schooling affect health; why children participate in activities that are labeled worst forms of child labor; how children's time is allocated along gender lines; what role local labor demand plays in shaping the work and schooling decisions of children; and, how many hours of work can be undertaken before negative effects on school attendance are observed.

Economic events such as the recent global economic crisis can have substantial effects on the distribution of resources at the individual and household levels. Identification of appropriate and timely policy responses that support vulnerable groups is hampered by how little is known about the likely patterns of losses early on during the downturn. This volume contains fresh knowledge on the effects of the economic downturn on employment and income distribution. It contains 9 original research papers from both Europe and the US, including illustrations of forward-looking simulation methods that can be used before detailed data on actual household experiences become available. These papers offer new insights into issues such as how wages, employment and incomes are affected by the crisis, which demographic groups are most vulnerable in the recession, how well the welfare system protects the newly unemployed and how consumption and income poverty change over the business cycle.

Published twice per year in conjunction with the Institute for the Study of Labor (IZA), Research in Labor Economics contains new cutting edge peer reviewed research applying economic theory and econometrics to policy related topics pertinent to worker well-being, often with an international focus. Like other high quality journals, one volume each year contains papers on a wide range of labor economics topics. Unlike other journals, the second volume is devoted to a topic related to IZA's areas of activity with a policy focus. Typical themes of each volume include labor supply, work effort, schooling, on-the-job training, earnings distribution, discrimination, migration, and the effects of government policies.

This volume contains nine original innovative chapters on worker well-being. Three chapters are on time allocated to work and human capital acquisition, three on aspects of risk in the earnings process, two on migration, and finally one on how tax policies affect poverty. Questions answered include: Are more educated women now opting out of work with a higher probability than in the past? Under what circumstances do young adults allocate non-school time to educational pursuits? How do macroeconomic shocks affect labor force participation rates? Can tax policies alleviate poverty? Are workers compensated adequately for taking risks? Do differences in private and public sector earnings affect mobility between the two sectors? And, do migrant parents affect educational decisions of their offspring?

Informality and informal employment are wide-spread and growing phenomena in all regions of the world, in particular in low and middle income economies. A large part of economic activity in these countries is not registered or under-declared and many workers enter employment relationships that do not provide any or only partial protection, work with little or no physical capital, receive low wages and work under conditions that can be hazardous to their health. This volume sheds light on the incidence and persistence of informality and the role of institutions and government regulations. The articles offer insights into issues such as how labor and tax regulations determine the incidence of informality, whether reforms on tax and other regulations can reduce informal employment, to what extent informality occurs as a result of job separations, how persistent is informal employment, how informal employment can be detected and whether migration can be a substitute for informal employment.

Since its inception Research in Labor Economics has published over 350 articles encompassing a wide range of themes and spanning an array of labor economics topics. Authors have ranged from young scholars with much potential to mature leaders in the field, including Nobel Prize and John Bates Clark award winners. Over the years Research in Labor Economics has continued to present important new research in labor economics. It covers themes such as labor supply, work effort, schooling, on-the-job training, earnings distribution, discrimination, migration, and the effects of government policies on worker well-being. It aims to apply economic theory and econometrics to analyze important policy-related questions, often with an international focus. To commemorate Research in Labor Economics's 35th anniversary, this retrospective edition contains 20 of the most influential Research in Labor Economics articles along with new introductory prefatory updates written by the original authors. These new prefaces emphasize recent developments that each article might have inspired and also discuss remaining unanswered questions.

This volume contains eight new and innovative research articles relevant to researchers and policy makers. Each chapter deals with an aspect of human welfare and is authored by an expert in the field. One deals with how technological change affects the distribution of earnings, two deal with how workers advance through corporate hierarchy, four deal with how incentives motivate workers, and the final chapter deals with how one immigrant group is far more successful than even the native population. Among the questions answered are: What accounts for the relative rise in skilled worker salaries? Which workers advance more quickly up the corporate ladder? Are workers hired from outside the company as successful as internally promoted workers? Does performance-based pay affect worker absenteeism? Do retirement incentives to workers really help the firm? Do unexpected decreases in retirement income decrease retiree life satisfaction? Do more stringent divorce laws increase cohabitation? What causes immigrants to really succeed in their new country?

After three decades of economic reform, China is experiencing substantial demographic changes and a steady structural transformation toward a market economy. These phenomena pose major challenges for the Chinese labor market, which are at the center of the booming academic and policy research in recent years. This volume presents fresh knowledge on labor market issues in China. It contains eight original research articles which offer insights and answers to question such as: Which are the most important challenges of the Chinese labor market? How does rural-urban migration affect occupational choice in rural China? Does urban occupational mobility differ across gender? Which is the cost of job displacement in urban labor markets? Is over-qualification affecting the hiring probability across educational groups? How does the social insurance system perform in terms of coverage of urban workers? Which are the incentive problems in the new rural pension program?

Social protection systems are intended to support households in financial difficulties, a role that has been underlined during the recent Great Recession in many countries around the world. This volume presents new results on the dynamics of social assistance, minimum-income and related out-of-work benefits in a range of different country contexts. It contains eight original articles, which shed light on benefit spell durations, the movements into and out of receipt of safety net benefits, the individual or family characteristics associated with these movements, the extent of state dependence or 'scarring', and the interaction of various welfare programs. The results establish an evidence base for an informed policy debate in a range of OECD countries. They also provide methodological background for future work on benefit receipt patterns.

This volume contains new important research on worker well-being in a changing economy. Topics include employee compensation, human capital investment, women's wages, unemployment, and the effects of government policies. Among the questions answered are: Does free-trade (particularly regarding NAFTA) affect women's wages relative to men's? Can guaranteeing college scholarships raise high school students' grade-point averages? Does increasing wage dispersion within a plant induce workers to put out more effort; or does it decrease comradery among employees, thereby lowering productivity? Does deferring worker pay really affect productivity on the job? Do firms manipulate fringe benefits (job characteristics) to adequately compensate workers for dangerous jobs? Do business cycles influence the terms of effort-enhancing labor contracts? How can workers signal their potential quality when displaced by plant closings? How severe are the detrimental effects of long-term joblessness? And finally, how do changes in welfare laws affect recipients' time allocation at home?

This volume contains new important research on worker well-being. Topics include employment contracts, compensation schemes, worker productivity, retirement decisions, the demographic transition, time allocation, and child labor. Among the questions answered are: How important is incentive pay in increasing worker productivity? Does monitoring productivity affect a worker's earnings trajectory? How is the decision to retire different in two-earner families compared to one-earner families? How did the evolution of the family affect men's and women's proclivities to work? Do welfare subsidies encourage recipients to spend additional productive time with their children? Can property titles (land reform) affect child labor in less developed country settings?

For most countries, women's labor force participation and hours of work has risen while men's have fallen. Concomitantly, men's and women's wages and occupational structures have been converging. This volume contains new and innovative research on issues related to gender convergence in the labor market. Topics include patterns in lifetime work, earnings and human capital investment, the gender wage gap, gender complementarities, career progression, the gender composition of top management and the role of parental leave policies. Among the questions answered are: Do the levels of and returns to human capital change over the last 50 years in the US? Can the shorter fecundity horizon for females (a biological constraint) explain the division of labor in the home and the resulting wage gap? Does skill-biased technological change favor women's wages more than men's? Do care sector jobs incur a wage penalty? What impact does this have on firm and employee outcomes? Does the glass-ceiling faced by women in top management relate to fertility and parental leave policies and having children? And finally, are men and women complements or substitutes in the labor market?

Why in 2015 are there still large gender differences in economic success? This volume consists of a set of state of the art research articles to answer this question. Focus areas include educational attainment, financial risk management, bargaining power, social mobility, and intergenerational transfers in the US and abroad.

Inequality has been rising in many countries over the last decades and the process seems to have accelerated with the Great Recession. Not only is income distribution more unequal today than 40 years ago, but also its transmission through generations has increased. In other words, many countries no longer experience upward economic mobility as was prevalent in the past. Research in Labor Economics volume 43 contains new and innovative research on the causes and consequences of inequality. Topics include the way inequality is measured, the level of equal opportunities across countries, the impact of education, the effect of changing occupational structure, the consequences of changing productivity within the firm, the roles of stagnating average real wages, the decline of union membership, the effect of maternal labor supply on labor market outcomes of their children, and the link between income inequality and health.

Research in Labor Economics 44 takes another in-depth and focussed look at Inequality. This time however it is tied in with well-being of the workforce. Research in Labor Economics volume 44 contains new and innovative research on the causes and consequences of inequality and well-being of the work force.

The 2008 global financial and economic crisis led to a significant increase in unemployment rates in most developed economies, yet despite the rising supply of labor, a high share of employers claim that they cannot find the right talent and skills. Concerns that economic restructuring and changing skill needs associated with new technologies and workplace organization practices will not be met by an adequately skilled workforce, has placed the issue of skill mismatch – the incongruence between skill supply and skill demand – high up in the policy agenda. This volume contains eleven original research articles which deal with the linkages between education and skills and the causes and consequences of different types of skill mismatch. Topics include the way graduate jobs can be defined, the labor market decisions and outcomes of graduates, the determinants of the overeducation wage penalty, the determinants and consequences of underskilling, the wage return of skills, the impact of skill mismatch on aggregate productivity, and the role of work-related training and job complexity on skill development.