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Source: Federal Reserve Bank of St. Louis Review
Resulting in 3 citations.
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Golan, Limor Sanders, Carl |
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Racial Gaps, Occupational Matching, and Skill Uncertainty Federal Reserve Bank of St. Louis Review, Second Quarter (2019): 135-53. Also: https://doi.org/10.20955/r.101.135-53 Cohort(s): NLSY79 Publisher: Federal Reserve Bank of St. Louis Keyword(s): Dictionary of Occupational Titles (DOT); Occupations; Racial Differences; Skills; Wage Gap Permission to reprint the abstract has not been received from the publisher. White workers in the United States earn almost 30 percent more per hour on average than Black workers, and this wage gap is associated with large racial differences in occupational assignments. In this article, we theoretically and empirically examine the Black-White disparity in occupations. First, we present a model based on Antonovics and Golan (2012) that relates occupational assignments to the incentives workers face while learning about their own unknown ability. Second, we document differences between Black and White workers in both the complexity of skills required in their initial occupations and the growth rates of this complexity over time. To do this, we match panel data from the National Longitudinal Survey of Youth 1979 with the Dictionary of Occupational Titles measures of occupational characteristics and find that, compared with White workers, Black workers start in occupations requiring less-complex skills, see slower growth in job complexity over time, and are relatively more likely to transition to jobs with lower complexity. Finally, we consider the relationship between our model and our empirical findings; for example, discrimination in hiring early in the career can have long-term consequences on the ability of Black workers to learn their best occupational match and explains part of their lower wage growth. We conclude with suggestions for policy and future research directions. |
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Bibliography Citation
Golan, Limor and Carl Sanders. "Racial Gaps, Occupational Matching, and Skill Uncertainty." Federal Reserve Bank of St. Louis Review, Second Quarter (2019): 135-53.
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| 2. |
Leukhina, Oksana |
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The Changing Role of Family Income in College Selection and Beyond Federal Reserve Bank of St. Louis Review published online (May 2023): . Also: https://research.stlouisfed.org/publications/review/2023/05/15/the-changing-role-of-family-income-in-college-selection-and-beyond Cohort(s): NLSY79, NLSY97 Publisher: Federal Reserve Bank of St. Louis Keyword(s): College Characteristics; Earnings; Educational Attainment; Family Income Permission to reprint the abstract has not been received from the publisher. In this article, I further examine the changing role of family income as a determinant of college quality choice, degree attainment, and post-schooling earnings. |
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Bibliography Citation
Leukhina, Oksana. "The Changing Role of Family Income in College Selection and Beyond." Federal Reserve Bank of St. Louis Review published online (May 2023): .
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| 3. |
MacLeod, W. Bentley Parent, Daniel |
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Job Characteristics, Wages, and the Employment Contract Federal Reserve Bank of St. Louis Review 81,3 (May-June 1999): 13-27. Also: http://ideas.repec.org/a/fip/fedlrv/y1999imayp13-27n3.html Cohort(s): NLSY79 Publisher: Federal Reserve Bank of St. Louis Keyword(s): Panel Study of Income Dynamics (PSID); Wages Permission to reprint the abstract has not been received from the publisher. Part of a special issue on labor markets and macroeconomics explores some of the determinants of compensation in the U.S. Compensation models are developed that make predictions grounded in observed job characteristics and attempt to demonstrate how compensation form may react to changes in both the nature of work and labor-market conditions. Data are drawn from the National Longitudinal Survey of Youth and from the Panel Study on Income Dynamics. Findings reveal that compensation systems depend on explicit performance measures when these accurately measure the contribution of work. Findings also reveal that the amount of bonus pay depends on the condition of the local labor market. |
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Bibliography Citation
MacLeod, W. Bentley and Daniel Parent. "Job Characteristics, Wages, and the Employment Contract." Federal Reserve Bank of St. Louis Review 81,3 (May-June 1999): 13-27.
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