Purpose – The purpose of this paper is to show that the effects of industry regulation on worker earnings are reconsidered using a wider array of industries and differentiating…
Abstract
Purpose – The purpose of this paper is to show that the effects of industry regulation on worker earnings are reconsidered using a wider array of industries and differentiating between industry‐opposed and industry‐supported legislation. Design/methodology/approach – Primary data from the Current Population Surveys are used in this paper with data on regulatory legislation from Cahan and Kaempfer. A difference‐in‐difference approach is used to compare wage changes pre‐ and post‐legislation, in industries with opposed or supported legislation, with those unaffected by legislation. The relative contribution of union and non‐union wage changes to the overall wage changes are also examined. Findings – The paper finds that regulatory legislation opposed by the industry did not affect earnings growth relative to industries not subject to regulatory legislation. Legislation supported by the industry led to slower relative earnings growth. Union wage differentials increased in industries with legislation regardless of industry opposition or support. Relative earnings declined among non‐union workers in industries that received legislation. The effects vary across industries with the results suggesting that some legislation led to increased product competition, while some legislation affected labor market competition. Research limitations/implications – The paper shows that data on regulatory legislation are limited by the lack of detailed information. For example, it is only known whether legislation was passed that was opposed or supported by the industry. Future research should replicate this analysis with more complete data. Practical implications – Also the paper sees that regulatory legislation does not need to completely regulate or deregulate an industry to affect workers. As such, policy makers should consider the effects of proposed legislation on workers in the affected industries. Originality/value – This paper directly tests whether the wage effects from regulation differ depending on industry opposition or support for the legislation. As such, this paper is innovative because it differentiates between different types of legislation in examining the effect of legislation on wages and the union differentials.
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Jennifer VanGilder, John Robst and Solomon Polachek
The purpose of this paper is twofold. First, it assesses motives for intended mobility among academics in institutions of higher education. Second, it investigates gender…
Abstract
The purpose of this paper is twofold. First, it assesses motives for intended mobility among academics in institutions of higher education. Second, it investigates gender differences. Women have twice the intention to leave their institution than men during their first few years, but this difference narrows with seniority. Women report monetary reasons such as salary and promotion opportunities, as well as non-monetary reasons such as spousal employment to motivate their intended mobility. Gender differences across the reasons are minor once one controls for tenure status.
The purpose of the current article is to examine the effect of the inefficient allocation of academic individuals in the Israeli labor market in terms of mismatch between their…
Abstract
Purpose
The purpose of the current article is to examine the effect of the inefficient allocation of academic individuals in the Israeli labor market in terms of mismatch between their fields of education and occupation – a phenomenon referred in the literature as “horizontal mismatch” and “job-field underemployment” – on their duration of unemployment, in the local labor market.
Design/methodology/approach
A sample size of 8,554 participants have taken part in the survey by the Central Bureau of Statistics: Undergraduate students at academic institutions in Israel in the academic year of 2010–2011, who were sampled again in the academic year of 2017–2018, to determine the nature of their integration into the labor market, and the quality of their career progress. The study’s methodology is statistical-correlational, and its data mainly based on the answers of the participants in the research tool (questionnaire). A T-test for independent samples (via SPSS) has proven the key results.
Findings
The average cumulative annual duration of unemployment, as of graduation with a bachelor’s degree, among the mismatched graduates, was found to be higher than the average cumulative annual duration of unemployment among the matched graduates.
Originality/value
The current study’s originality lays both in its large sample size (8,554), and in the repeatability element of its sampling (test-retest reliability). Also, its findings regarding the consequences of the nature of the match between the educational field and occupational field – on the quality of integration of academics in the Israeli labor market, are pioneers in this field.
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This volume is devoted to a number of multifaceted issues regarding worker well-being. Of the 15 chapters, the first two are the most general, dealing with overall earnings…
Abstract
This volume is devoted to a number of multifaceted issues regarding worker well-being. Of the 15 chapters, the first two are the most 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.
Solomon W. Polachek and Konstantinos Tatsiramos
Early models of the functional distribution of income assume constant labor productivity among all individuals. Not until human capital theory developed did scholars take into…
Abstract
Early models of the functional distribution of income assume constant labor productivity among all individuals. Not until human capital theory developed did scholars take into account how productivity varied across workers. According to early human capital models, this variation came about because each individual invested differently in education and training. Those acquiring greater amounts of schooling and on-the-job training earned more. However, these models neglected why one person would get training while another would not. One explanation is individual heterogeneity. Some individuals are smarter, some seek risk, some have time preferences for the future over the present, some simply are lucky by being in the right place at the right time, and some are motivated by the pay incentives of the jobs they are in. This volume contains 10 chapters, each dealing with an aspect of earnings. Of these, the first three deal directly with earnings distribution, the next four with job design and remuneration, the next two with discrimination, and the final chapter with wage rigidities in the labor market.
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…
Abstract
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. In discussing these issues, the volume provides answers to a number of important questions. For example, why do smaller, newer companies do a better job matching CEO pay to profits than old, established corporations? Why do firms hire outside contractors rather than produce all goods internally? Which demographic groups are most prone to job losses? Can self-reported health predict which workers become disabled? How does AIDS affect the supply of nurses? 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? Do different firm and worker discount rates lead to longer contract negotiations? And finally, how robust are estimated effects of public policy to changes in data definition? In short, the volume addresses a number of important policy-related research issues on worker well-being facing labor economists today.
Solomon W. Polachek and Konstantinos Tatsiramos
How individuals allocate their time between work and leisure has important implications regarding worker well-being. For example, more time at work means a greater return to human…
Abstract
How individuals allocate their time between work and leisure has important implications regarding worker well-being. For example, more time at work means a greater return to human capital and a greater proclivity to seek more training opportunities. At the same time, hours spent at work decrease leisure and depend on one's home environment (including parental background), health, past migration, and government policies. In short, worker well-being depends on trade-offs and is influenced by public policy. These decisions entail time allocation, effort, human capital investment, health, and migration, among other choices. This volume considers worker well-being from the vantage of each of these alternatives. It contains ten chapters. The first three are on time allocation and work behavior, the next three on aspects of risk in the earnings process, the next two on aspects of migration, the next one on the impact of tax policies on poverty, and finally the last chapter on the role of labor market institutions on sectoral shifts in employment.