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Author: Mendez, Fabio
Resulting in 5 citations.
1. Mendez, Fabio
Training Opportunities in Monopsonistic Labour Markets
Applied Economics published online (12 April 2019): DOI: 10.1080/00036846.2019.1602707.
Also: https://www.tandfonline.com/doi/full/10.1080/00036846.2019.1602707
Cohort(s): NLSY79
Publisher: Taylor & Francis
Keyword(s): Labor Market Demographics; Monopsony Employers; Training

This paper studies the empirical relationship between the extent of monopsonistic power observed in occupational labour markets and the training opportunities available to workers in those markets; using data from the American National Longitudinal Survey of Youth of 1979. The results reveal a positive and significant association between monopsony power and training availability. The estimated association is found to be stronger for individuals with a college degree, with longer tenure in their jobs, and higher wages. These results are consistent across several econometric specifications that control for time, occupation, and individual fixed effects.
Bibliography Citation
Mendez, Fabio. "Training Opportunities in Monopsonistic Labour Markets." Applied Economics published online (12 April 2019): DOI: 10.1080/00036846.2019.1602707.
2. Mendez, Fabio
Sepulveda, Facundo
A Comparative Study of Training in the Private and Public Sectors: Evidence from the United Kingdom and the United States
Contemporary Economic Policy 34,1 (January 2016): 107-118.
Also: http://onlinelibrary.wiley.com/doi/10.1111/coep.12120/abstract
Cohort(s): NLSY79
Publisher: Western Economic Association International
Keyword(s): British Household Panel Survey (BHPS); Training; Training, Employee; Wage Effects

Formal training programs are one of the main channels through which workers become more productive and experience wage growth. So far, however, most of the results on the effects of employer-provided training come from studying the training received by private sector workers only. We extend the literature by identifying and comparing the effects of private-employer-provided and public-employer-provided training in the United States and the United Kingdom. We address this question using two independent data sets from the British Household Panels Surveys and the American National Longitudinal Survey of Youth of 1979.
Bibliography Citation
Mendez, Fabio and Facundo Sepulveda. "A Comparative Study of Training in the Private and Public Sectors: Evidence from the United Kingdom and the United States." Contemporary Economic Policy 34,1 (January 2016): 107-118.
3. Mendez, Fabio
Sepulveda, Facundo
Monopsony Power in Occupational Labor Markets
Journal of Labor Research published online (3 June 2019): DOI: 10.1007/s12122-019-09289-w.
Also: https://link.springer.com/article/10.1007/s12122-019-09289-w
Cohort(s): NLSY79
Publisher: Springer
Keyword(s): Benefits, Fringe; Labor Market Demographics; Monopsony Employers; Wages

Permission to reprint the abstract has not been received from the publisher.

We collect data from the 1979 National Longitudinal Survey of Youth and create comparable measures of monopsonistic power for up to 46 occupational labor markets in the USA, starting in 1979 and ending in 2000. Our results suggest most occupational labor markets during that period were characterized by substantial amounts of monopsonistic, wage-setting power. Furthermore, after controlling for individual, time, and industry fixed effects, our results show a negative and significant correlation between the extent of monopsony power that characterizes a market and both, the wages and fringe benefits received by workers.
Bibliography Citation
Mendez, Fabio and Facundo Sepulveda. "Monopsony Power in Occupational Labor Markets." Journal of Labor Research published online (3 June 2019): DOI: 10.1007/s12122-019-09289-w.
4. Mendez, Fabio
Sepulveda, Facundo
The Cyclicality of Skill Acquisition: Evidence from Panel Data
American Economic Journal: Macroeconomics 4,3 (July 2012): 128-152.
Also: http://www.aeaweb.org/articles.php?doi=10.1257/mac.4.3.128
Cohort(s): NLSY79
Publisher: American Economic Association
Keyword(s): Education; Employment; Skill Formation; Skills; Training

Permission to reprint the abstract has not been received from the publisher.

This paper presents new empirical evidence regarding the cyclicality of skill acquisition activities. The paper studies both training and schooling episodes at the individual level using quarterly data from the NLSY79 for a period of 19 years. We find that aggregate schooling is strongly countercyclical, while aggregate training is acyclical. Several training categories, however, behave procyclically. The results also indicate that firm-financed training is procyclical, while training financed through other means is countercyclical; and that the cyclicality of skill acquisition investments depends significantly on the educational level and the employment status of the individual. (JEL E24, E32, I20, J24)
Bibliography Citation
Mendez, Fabio and Facundo Sepulveda. "The Cyclicality of Skill Acquisition: Evidence from Panel Data ." American Economic Journal: Macroeconomics 4,3 (July 2012): 128-152.
5. Sepulveda, Facundo
Mendez, Fabio
The Cyclicality of Skill Acquisition: Evidence from Panel Data
Centre for Applied Macroeconomic Analysis (CAMA) Working Paper No. 13-2011, Australian National University, June 2011.
Also: http://cama.anu.edu.au/Working%20Papers/Papers/2011/Sepulveda_Mendez132011.pdf
Cohort(s): NLSY79
Publisher: Australian National University - Canberra
Keyword(s): Schooling; Skill Formation; Skills; Training

Permission to reprint the abstract has not been received from the publisher.

This paper presents new empirical evidence regarding the cyclicality of skill acquisition activities. The paper studies both training and schooling episodes at the individual level using quarterly data from the NLSY79 for a period of 19 years. We find that aggregate schooling is strongly countercyclical, while aggregate training is acyclical. Several training categories however behave procyclically. The results also indicate that firm-financed training is procyclical while training financed through other means is countercyclical; and that the cyclicality of skill acquisition investments depends significantly on the educational level and the employment status of the individual.
Bibliography Citation
Sepulveda, Facundo and Fabio Mendez. "The Cyclicality of Skill Acquisition: Evidence from Panel Data." Centre for Applied Macroeconomic Analysis (CAMA) Working Paper No. 13-2011, Australian National University, June 2011.