Female Labor Force Participation in Latin America: Patterns and Explanations

Female labor force participation has increased 10 percentage points between 1990 and 2010. This paper analyzes the possible determinants of this increase. Among those determinants are changes in education, family structure, fertility, as well as changes in socioeconomic environment including wages, returns to working at home, preferences, and technology, among others. We discuss the mechanisms behind those determinants by organizing the very large theoretical and empirical literature on the subject. We then assess the relative importance of the determinants in two ways. We compute treatment effects estimated in the literature and combine them with information about the changes in the causing variables. We also use data from household surveys and combine them with a dataset of determinants to find correlations in the data that reinforce or reject the analysis of the literature review.Facultad de Ciencias Económica

Female Labor Force Participation in Latin America: Patterns and Explanations

Female labor force participation has increased 10 percentage points between 1990 and 2010. This paper analyzes the possible determinants of this increase. Among those determinants are changes in education, family structure, fertility, as well as changes in socioeconomic environment including wages, returns to working at home, preferences, and technology, among others. We discuss the mechanisms behind those determinants by organizing the very large theoretical and empirical literature on the subject. We then assess the relative importance of the determinants in two ways. We compute treatment effects estimated in the literature and combine them with information about the changes in the causing variables. We also use data from household surveys and combine them with a dataset of determinants to find correlations in the data that reinforce or reject the analysis of the literature review.Facultad de Ciencias Económica

Wages and Human Capital in the U.S. Financial Industry: 1909-2006

We use detailed information about wages, education and occupations to shed light on the evolution of the U.S. financial sector over the past century. We uncover a set of new, interrelated stylized facts: financial jobs were relatively skill intensive, complex, and highly paid until the 1930s and after the 1980s, but not in the interim period. We investigate the determinants of this evolution and find that financial deregulation and corporate activities linked to IPOs and credit risk increase the demand for skills in financial jobs. Computers and information technology play a more limited role. Our analysis also shows that wages in finance were excessively high around 1930 and from the mid 1990s until 2006. For the recent period we estimate that rents accounted for 30% to 50% of the wage differential between the financial sector and the rest of the private sector.

The Determinants of Outsourcing from the U. S.: Evidence from Domestic Manufacturing Industries, 1972-2002

The issue of outsourcing as a form of foreign direct investment (FDI) has been widely discussed in the recent past. In this essay, I analyze what determines the outsourcing activity by looking at U. S. manufacturing industries between 1972 and 2002. I concentrate on correlation between the measure of outsourcing and wages, bargaining coverage contracts, transportation costs, and private gross fixed investment in information technology. My analysis finds differences in the effects of wages on outsourcing activity depending on the type of industry (i.e., whether the industry produces durable or non-durable goods). The main regression model finds that wages and union coverage cannot fully explain the colossal increase in outsourcing activity in the last three decades. Rather, the primary factors influencing the increase in outsourcing are likely to be the growth in foreign productivity and technological changes that allow more international specialization in the intermediate production stages of the final good

Female Labor Force Participation in Latin America: Patterns and Explanations

Female labor force participation has increased 10 percentage points between 1990 and 2010. This paper analyzes the possible determinants of this increase. Among those determinants are changes in education, family structure, fertility, as well as changes in socioeconomic environment including wages, returns to working at home, preferences, and technology, among others. We discuss the mechanisms behind those determinants by organizing the very large theoretical and empirical literature on the subject. We then assess the relative importance of the determinants in two ways. We compute treatment effects estimated in the literature and combine them with information about the changes in the causing variables. We also use data from household surveys and combine them with a dataset of determinants to find correlations in the data that reinforce or reject the analysis of the literature review.Facultad de Ciencias Económica

Subject: Human Resource Management

Compiled by Susan LaCette.HumanResourceManagement.pdf: 5527 downloads, before Oct. 1, 2020

The Determinants of Outsourcing from the U. S.: Evidence from Domestic Manufacturing Industries, 1972-2002

The issue of outsourcing as a form of foreign direct investment (FDI) has been widely discussed in the recent past. In this essay, I analyze what determines the outsourcing activity by looking at U. S. manufacturing industries between 1972 and 2002. I concentrate on correlation between the measure of outsourcing and wages, bargaining coverage contracts, transportation costs, and private gross fixed investment in information technology. My analysis finds differences in the effects of wages on outsourcing activity depending on the type of industry (i.e., whether the industry produces durable or non-durable goods). The main regression model finds that wages and union coverage cannot fully explain the colossal increase in outsourcing activity in the last three decades. Rather, the primary factors influencing the increase in outsourcing are likely to be the growth in foreign productivity and technological changes that allow more international specialization in the intermediate production stages of the final good.Outsourcing, Estimation

Wages determinants in the European Union Evidence from structure of earnings survey (SES 2014) data : 2020 edition

El ISSN y el ISBN corresponden a la versión electrónica del documentoSince the turn of the millennium, the European Commission (Eurostat) has published detailed and harmonized information on the nominal wages paid by the employers to their employees. This information, collected with the support of the European Statistical System, provides important insights into the labour market situation of the different Member States of the European Union. For employers, wages represent an important part of the production costs and determine to some extent their cost competitiveness. For most employees, wages make the main part of their income thereby contributing to their economic welfare. The importance of ensuring fair and transparent wages was highlighted in the European pillar of social rights (Commission, 2017) that was fully endorsed by the new Commission (van der Leyen, 2019). It is therefore important to monitor the levels and developments of wages and total labour costs at a macroeconomic level, as done by Eurostat through a complete set of annual and quarterly releases. It is equally useful to analyse how the individual job profiles and characteristics of the employer determine wage patterns in the different EU countries. This provides information on how labour markets reward the different characteristics of the job tenant and how the different types of businesses compete in terms of wages offered to their employees. By crossing job characteristics with sex, such analyses also shed light on possible gaps between the financial returns on education, part-time work etc. offered to men versus women. The study presented in this document uses the detailed information collected through the latest Structure of Earnings Survey (SES 2014) that records the gross wages received and the individual characteristics of about 240 000 enterprises and 11 million employees throughout the EU. This statistical working paper should help users to better understand the determinants of wages in the different EU countries thus contributing to the public debate and policy actions in the labour market domain

Labor-Market Competition and Individual Preferences Over Immigration Policy

This paper uses an individual-level data set to analyze the determinants of individual preferences over immigration policy in the United States. In particular, we test for a link from individual skill levels to stated immigration-policy preferences. Different economic models make contrasting predictions about the nature of this link. We have two main empirical results. First, less-skilled workers are significantly more likely to prefer limiting immigrant inflows into the United States. The result is robust to several different econometric specifications which account for determinants of policy preferences other than skills. Our finding suggests that over time horizons relevant to individuals when evaluating immigration policy, individuals thank that the U.S. economy absorbs immigrant inflows at least partly by changing wages. These preferences are consistent with a multi-cone' Heckscher Ohlin trade model and with a factor-proportions-analysis labor model. Second that less-skilled workers in high-immigration communities are especially anti-immigrationist. If anything, our evidence suggests attenuation of the skills-preferences correlation in high-immigration communities. These preferences are inconsistent with an area-analysis labor model.

Determinants of plant closures in Swedish manufacturing

We study the derminants of plant closures i Swedish manufacturing using linked employer-employee data. From our theoretical framework we derive and empirically test hypothesis regarding the linkages between the probability of plant failure and: 1) industry-specific characteristics of production and product demand; 2) local labor market conditions; and 3) plant-specific sources of heterogeneity, including the importance of insider mechanisms in wage determination, plant specific human capital, selection mechanisms and technology vintage effects. Our results suggest that all these factors matter in ways that by and large conform to the a priori hypotheses.Plant closures; job reallocation; insider wage determination; selection mechanisms; capital vintage effects; linked employer-employee data