Description:
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
Preface / Solomon W. Polachek -- Technology, unemployment, and inflation / Stephan Danninger, Jacob Mincer -- Motivation and labor market outcomes / Arthur H. Goldsmith, Jonathan R. Veum, William Darity -- Career hierarchy in dual-earner families / Anne E. Winkler, David C. Rose -- Job mobility in 1990s Britain : does gender matter? / Alison L. Booth, Marco Francesconi -- Measuring relative quality of life from a cross-migration regression, with an application to Canadian provinces / Stratford Douglas, Howard J. Wall -- Employer provided pension data in the NLS mature women's survey and in the health and retirement study / Alan L. Gustman, Thomas L. Steinmeier -- A test of Lazear's mandatory retirement model / Steven Stern, Petra Todd -- Do public works programs work in Eastern Germany? / Florian Kraus, Patrick A. Puhani, Viktor Steiner -- The incidence of overschooling and underschooling and its effect on earnings in the United States and Hong Kong / Elchanan Cohn, Eric Johnson, Ying Chu Ng -- The labor-supply effects of universal health coverage : what can we learn from individuals with spousal coverage? / Alison J. Wellington, Deborah A. Cobb-Clark -- Dimensions of the wage-unemployment relationship in the nordic countries : wage flexibility without wage curves / Karsten Alb(p)æk, Rita Asplund, Erling Barth, Stig Blomskog, Bj(c)·orn R(c)Øunar Gu(c)Đomundsson, Vifill Karlsson, Erik Str(p)øjer Madsen -- The extent and consequences of downward nominal wage rigidity / Joseph G. Altonji, Paul J. Devereux -- Do higher returns to college education encourage college enrollments? An analysis by race / Susan L. Averett, Michele C. Mclennan, Megan Young -- Do compulsory school attendance laws alone explain the association between quarter of birth and earnings? / John Bound, David A. Jaeger. - 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