A search-theoretic explanation for the negative correlation between labor income and impatience

Lawrance (1991) has shown, through the estimation of consumption Euler equations, that subjective rates of impatience (time preference) in the U.S. are three to Öve percentage points higher for households with lower average labor incomes than for those with higher labor income. From a theoretical perspective, the sign of this correlation in a job-search model seems at Örst to be undetermined, since more impatient workers tend to accept wage o§ers that less impatient workers would not, thereby remaining less time unemployed. The main result of this paper is showing that, regardless of the existence of e§ects of opposite sign, and independently of the particular speciÖcations of the givens of the model, less impatient workers always end up, in the long run, with a higher average income. The result is based on the (unique) invariant Markov distribution of wages associated with the dynamic optimization problem solved by the consumers. An example is provided to illustrate the method.

Incomes of migratory agricultural workers /

Tx Doc no.: Z, TA245.7, B873, no. 950.

Estimaciones de los determinantes de los ingresos laborales en Colombia con consideraciones diferenciales para asalariados y cuenta propia

La literatura sobre determinantes de los ingresos laborales ha evolucionado en sus fundamentos teóricos, metodológicos y estimaciones empíricas. Colombia no ha sido ajena a este proceso, pero su evolución, notoria en fertilidad, ha venido relajándose en rigor conceptual: se tiende a considerar a los cuenta propia y asalariados como categorías relativamente semejantes. Para mostrar el efecto de dicha relajación realizamos estimaciones conjuntas de determinantes del ingreso laboral para ocupados asalariados y cuenta propia, y luego las contrastamos con estimaciones más detalladas y desagregadas ilustrando los sesgos efectivos que se generan si no se tienen en cuenta las características laborales de los ocupados cuenta propia y asalariado.

The structure of the optimal income tax in the quasi-linear model

Existing numerical characterizations of the optimal income tax have been based on a limited number of model specifications. As a result, they do not reveal which properties are general. We determine the optimal tax in the quasi-linear model under weaker assumptions than have previously been used; in particular, we remove the assumption of a lower bound on the utility of zero consumption and the need to permit negative labor incomes. A Monte Carlo analysis is then conducted in which economies are selected at random and the optimal tax function constructed. The results show that in a significant proportion of economies the marginal tax rate rises at low skills and falls at high. The average tax rate is equally likely to rise or fall with skill at low skill levels, rises in the majority of cases in the centre of the skill range, and falls at high skills. These results are consistent across all the specifications we test. We then extend the analysis to show that these results also hold for Cobb-Douglas utility.

Argentina 1998-2006 : ¿Recuperación económica con convergencia o reproducción de la heterogeneidad estructural con mayores tasas de empleo?

En este trabajo se discute en torno al comportamiento que ha presentado la estructura social del trabajo entre 1998 y 2006, buscando contribuir al debate sobre el cambio del régimen de empleo operado en la etapa posdevaluación. Con este objetivo, el documento examina la desigual performance que registraron los diferentes segmentos del mercado laboral, así como la invariabilidad que mostró tener la composición sectorial de la fuerza de trabajo. En este marco, se realiza una evaluación comparativa del impacto generado sobre las brechas de ingresos laborales por la heterogeneidad estructural en el mercado de trabajo. Para tal efecto, se ajustan diferentes modelos teóricos de regresión sobre el logaritmo de las remuneraciones horarias de cada año. El estudio analiza cuatro momentos clave del proceso económico argentino: 1998, 2001, 2003 y 2006

Argentina 1998-2006 : ¿Recuperación económica con convergencia o reproducción de la heterogeneidad estructural con mayores tasas de empleo?

En este trabajo se discute en torno al comportamiento que ha presentado la estructura social del trabajo entre 1998 y 2006, buscando contribuir al debate sobre el cambio del régimen de empleo operado en la etapa posdevaluación. Con este objetivo, el documento examina la desigual performance que registraron los diferentes segmentos del mercado laboral, así como la invariabilidad que mostró tener la composición sectorial de la fuerza de trabajo. En este marco, se realiza una evaluación comparativa del impacto generado sobre las brechas de ingresos laborales por la heterogeneidad estructural en el mercado de trabajo. Para tal efecto, se ajustan diferentes modelos teóricos de regresión sobre el logaritmo de las remuneraciones horarias de cada año. El estudio analiza cuatro momentos clave del proceso económico argentino: 1998, 2001, 2003 y 2006

Argentina 1998-2006 : ¿Recuperación económica con convergencia o reproducción de la heterogeneidad estructural con mayores tasas de empleo?

En este trabajo se discute en torno al comportamiento que ha presentado la estructura social del trabajo entre 1998 y 2006, buscando contribuir al debate sobre el cambio del régimen de empleo operado en la etapa posdevaluación. Con este objetivo, el documento examina la desigual performance que registraron los diferentes segmentos del mercado laboral, así como la invariabilidad que mostró tener la composición sectorial de la fuerza de trabajo. En este marco, se realiza una evaluación comparativa del impacto generado sobre las brechas de ingresos laborales por la heterogeneidad estructural en el mercado de trabajo. Para tal efecto, se ajustan diferentes modelos teóricos de regresión sobre el logaritmo de las remuneraciones horarias de cada año. El estudio analiza cuatro momentos clave del proceso económico argentino: 1998, 2001, 2003 y 2006

Study of consumer expenditures, incomes, and savings; statistical tables: Urban U. S.--1950, tabulated by the Bureau of Labor Statistics, U. S. Dept. of Labor, for the Wharton School of Finance and Commerce, University of Pennsylvania.

Mode of access: Internet.

Migrants as Homo economicus : explaining the emerging phenomenon of a shortage of migrant labor in China's coastal provinces

The problem of a shortage of migrant labor is a new development in China's coastal provinces. We discuss the reasons for this emerging phenomenon using a conceptual framework that extends the traditional Lewis dualistic labor market model to incorporate a migrant labor market. We emphasize that migrant labor shortage in China not only reflects a declining wage gap between what peasants receive and what migrants can earn in the cities, but also the institutional legacies of the planning era such as the hukou (household registration) system which discriminates against migrants vis-a-vis urban residents in terms of access to social insurance and other social services. We proceed to draw on a unique survey of migrants and urban residents collected in Jiangsu to show that migrants receive lower incomes, and they have poorer access to social insurance than those with an urban registration in China's cities. Our findings have important implications for the alleviation of the migrant labor shortage problem.

Participation in farmer's cooperatives and its effects on agricultural incomes : evidence from vegetable-producing areas in China

Chinese agricultural cooperatives, called Farmer's Professional Cooperatives (FPCs), are expected to become a major tool to facilitate agro-industrialization for small farmers through the diffusion of new technologies, the supply of high-quality agricultural inputs and the marketing of their products. This study compares FPC participants with vegetable-producing non-participants and grain farmers in vegetable-producing areas in rural China to investigate the treatment effect of participation in FPCs as well as implementation of vegetable cultivation. I adopt parametric and nonparametric approaches to precisely estimate the treatment effects. Estimated results indicate no significant difference between participants and non-participants of FPCs on agricultural net income in both parametric and non-parametric estimations. In contrast, the comparison between vegetable and grain farmers using propensity score matching (PSM) reveals that the treatment effect of vegetable cultivation is significantly positive for total and agricultural incomes, although vegetable cultivation involves more labor-intensive efforts. These results indicate that it is the implementation of vegetable cultivation rather than the participation in an FPC that enhances the economic welfare of farmers, due to the non-excludability of FPCs' services as well as the risks involved in vegetable cultivation.

Benefits, incomes and expenditures of unemployed workers; experience of a group of employment insurance beneficiaries in Albany, Schenectady, Troy, Spring, 1957. Report of a survey.

Survey conducted in cooperation with the N. Y. State Interdepartmental Committee on Low Incomes and the U. S. Bureau of Employment Security.

Wartime health and education : hearings before a subcommittee of the Committee on Education and Labor, United States Senate, Seventy-eighth Congress, first session, pursuant to S. Res. 74, a resolution authorizing an investigation of the educational and physical fitness of the civilian population as related to national defense.

Claude Pepper, chairman of subcommittee.

Third-sector discourses and the future of (un)employment : skilled labor, new technologies, and the meaning of work

In this paper we analyse a 600,000 word corpus comprised of policy statements produced within supranational, national, state and local legislatures about the nature and causes of(un)employment. We identify significant rhetorical and discursive features deployed by third sector (un)employment policy authors that function to extend their legislative grasp to encompass the most intimate aspects of human association.

To work or not to work? Child development and maternal labor supply

We estimate the effect of early child development on maternal labor force participation. Mothers of poorly developing children may remain at home to care for their children. Alternatively, mothers may enter the labor force to pay for additional educational and health resources. Which action dominates is the empirical question we answer in this paper. We control for the potential endogeneity of child development by using an instrumental variables approach, uniquely exploiting exogenous variation in child development associated with child handedness. We find that a one unit increase in poor child development decreases maternal labor force participation by approximately 10 percentage points.

Women's labor force participation and marriage : the case of Korea

In this paper, we examine the relationship between marital status and female labor force participation in Korea, and argue that marriage remains a major obstacle to young Korean women's employment. We find that an average married woman is much less likely (by 40–60%) to participate in the labor force than a single woman in urban Korea. Further investigation into the participation patterns among married women reveals that labor force participation rate (LFPR) varies with husband's occupation and her own age. Lower LFPR among the young married women is explained by demand-side factors, while relatively higher LFPR among the middle-aged married women is mostly explained by the supply-side factors.