In a labor market in which firms offer tied hours-wage packages and
there is substantial dispersion in the wage offers associated with a
particular type of job, the best job available to a worker at a point in
time may…

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This paper examines the effect of technological change and other factors on the relative demand
for workers with different education levels and on the recent growth of U.S. educational wage
differentials. A simple supply-demand framework is used to interpret changes…

This paper examines the determinants of wages and fringe benefits in the fast
food industry- The focus of the paper is on exploring differences between
company-owned and franchised restaurants because agency problems are likely to
affect the management and operation…

This paper investigates cyclicality in real wages between 1969 and 1982,
using 14 years of data from the Panel Survey of Income Dynamics. First, it
investigates the extent to which movements in and out of the labor market
created apparent…