Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Keyword
-
- 2008 financial crisis (1)
- Belgium (1)
- College (1)
- Competitiveness (1)
- EMU (1)
-
- Education (1)
- European Union (1)
- German labor market (1)
- Income distribution (1)
- Income inequality (1)
- Labor market negotiation (1)
- Net exports (1)
- Occupational negotiation (1)
- Real wage evolution (1)
- Salary negotiation (1)
- Sleep (1)
- Sleep effects (1)
- Unit labor costs (1)
- Wage-setting mechanisms (1)
Articles 1 - 3 of 3
Full-Text Articles in Labor Economics
The Relationship Between College Expansion And Income Inequality, Aidan J. Wang
The Relationship Between College Expansion And Income Inequality, Aidan J. Wang
Undergraduate Economic Review
This paper examines the relationship between college expansion and income inequality within a country. Researchers have identified a “composition effect,” “compression effect,” and “dispersion effect.” However, the shape and magnitude of the net relationship remains unclear. I construct a country panel using inequality data from the World Inequality Database and college share data from Barro and Lee. From 0% to 27% college share, the bottom 50% and middle 40% income shares decrease linearly while the top 10% income share increases linearly. The trend shape holds for a sample of only OECD countries, but the magnitude changes, suggesting country-specific factors matter.
Belgium’S 2008 Recentralization Of Wage-Setting Mechanisms And The Decentralization-Unit Labor Costs-Net Exports Link: Chronicle Of A Death Foretold?, Ines Pedro Fernandes
Belgium’S 2008 Recentralization Of Wage-Setting Mechanisms And The Decentralization-Unit Labor Costs-Net Exports Link: Chronicle Of A Death Foretold?, Ines Pedro Fernandes
Undergraduate Economic Review
Anchored on scholarly literature on international competitiveness and the classical definition of competitiveness as net exports, policy making institutions support decentralized wage-setting mechanisms. The rationale is that decentralized wage-setting systems lower wages and unit labor costs (ULC) and, therefore, increase net exports. This paper contains a literature review on the wage-setting–ULC–net exports link and challenges conventional rationales by examining the co-evolution of Belgium’s real wages and net exports across wage percentiles and sectors. Belgium is a case in point, since the country experienced both increasing real wages and increasing net exports after recentralizing wage-setting mechanisms in 2008.
Sleep, Salary, And Successful Occupational Negotiation: Evidence From A Labor Market Survey, Jerrick Tram, Philip Wesley Routon
Sleep, Salary, And Successful Occupational Negotiation: Evidence From A Labor Market Survey, Jerrick Tram, Philip Wesley Routon
Undergraduate Economic Review
We examine the relationship between sleep and wages and then ask a follow-up question: might occupational negotiation be one intermediate factor? That is, are workers of a certain sleep pattern more likely to successfully (re)negotiate the terms of their employment? Popular press, non-economic research articles, self-help guides, and websites often purport relationships between sleep patterns and one's ability to successfully negotiate. Results point to sleeping hours having a statistically significant, positive, and strong relationship with both salary and successful negotiation, though the latter relationship is only apparent for workers in about their 4th or 5th year on the job.