Michael L Wachter
Datos Biográficos
| ID | 1047233 |
|---|---|
| NOMBRE | Michael L Wachter |
| NOMBRES | Michael L |
| APELLIDO | Wachter |
| FIRMA | WACHTER M L |
| AFILIACIONES | California University of Pennsylvania |
| ORCID | 0000-0001-9568-8407 |
| VERIFICADO | Sí |
| TOTAL DE OBRAS | 16 |
| TOTAL DE CITAS | 92 |
| TOTAL COMO AUTOR | 16 |
| TOTAL COMO EDITOR | 0 |
| PRIMER AÑO DE PUBLICACIÓN | 1970 |
| AÑO MÁS RECIENTE DE PUBLICACIÓN | 2009 |
| ÍNDICE H | 4 |
The Case Against Shareholder Empowerment
Union Effects on Nonunion Wages
The authors test for threat and crowding effects of unions on non-union wages at the industry and city levels, using panel data on the percent organized and nonunion industry and city wage differentials constructed from Current Population Surveys over the period 1973-89. At the industry level, increases in the percent organized were associated with decreases in the nonunion industry wage differential, suggesting that crowding effects were the pre…
Leveling the Peaks and Troughs of the Demographic Cycle
Michael L. Wachter, William L. Wascher, Leveling the Peaks and Troughs of the Demographic Cycle: An Application to School Enrollment Rates: A Reply, The Review of Economics and Statistics, Vol. 73, No. 3 (Aug., 1991), pp. 575-576
Evaluating the Evidence on Union Employment and Wages
Using Current Population Survey data for the years 1973-86, this study tests the hypothesis that the steep decline of union employment shares since 1973 is related to increases in union wages relative to nonunion wages. The authors show that although the aggregate union wage premium has changed little since 1973, some industry-specific premiums have risen substantially, and the industries with the rising premiums are those experiencing declines i…
Leveling the Peaks and Troughs in the Demographic Cycle
Michael L. Wachter, William L. Wascher, Leveling the Peaks and Troughs in the Demographic Cycle: An Application to School Enrollment Rates, The Review of Economics and Statistics, Vol. 66, No. 2 (May, 1984), pp. 208-215
Wage Comparability in the U.S. Postal Service
Federal law requires that the U.S. Postal Service pay wages comparable to those paid in the private sector. The authors argue that the appropriate test of that concept is a comparison of the wages paid to all comparably skilled workers, not only to white male workers in the private sector. By that standard, the authors conclude, from an analysis of CPS data, that in 1978 postal workers enjoyed a 21 percent wage advantage. They also point to the l…
Wages in the Postal Service
The Labor Market and Illegal Immigration
This paper first develops a labor supply forecast for the U.S. labor market in the 1980s, focusing on the effects of the low fertility rates of recent years, and then compares that forecast with the BLS projection of employment demand in the next decade. The author attempts to isolate those occupations and age-sex groups that are likely to have a shortfall of workers and to match the characteristics of those shortage categories with the demograph…
Demographic Influences on Economic Stability
Richard A. Easterlin, Michael L. Wachter, Susan M. Wachter, Demographic Influences on Economic Stability: The United States Experience, Population and Development Review, Vol. 4, No. 1 (Mar., 1978), pp. 1-22
Understanding the Employment Relation
Oliver E. Williamson, Michael L. Wachter, Jeffrey E. Harris, Understanding the Employment Relation: The Analysis of Idiosyncratic Exchange, The Bell Journal of Economics, Vol. 6, No. 1 (Spring, 1975), pp. 250-278
The Relevance of the Household Production Function and Its Implications for the Allocation of Time
This paper provides a critique of the household production function approach and its application to the allocation of time. It is argued that many applications of the model, especially those making use of implicit "commodity prices," require that the household's technology exhibit constant returns and no joint production; otherwise, implicit commodity prices depend on the household's preferences as well as on its technology and the prices of mark…
Unemployment
ONE of the most important relationships I in economics is that between the production of real output on the one side and the employment and unemployment of labor on the other. In the familiar breakdown of an economy into its simplest functions a goods market, a labor market, and one or more financing markets1 this relationship comprises the interface between the goods market and the labor market. The relationship is all the more important in that…
A New Approach to the Equilibrium Labour Force
The time series, labour force participation equation has received considerable attention in the recent literature. This seems largely to be due to interest in the macro-policy implications of the equation and to the need for such an equation in the labour sector of econometric models. The major finding of this research is that the labour force varies inversely with the unemployment rate (the effect) (Tella, 1964, 1965; Dernburg and Strand, 1966; …
A Labor Supply Model for Secondary Workers
T HE purpose of this paper is to estimate a labor supply or participation rate function for period 1948 through 1968, for various age-sex groups that comprise secondary labor force.' There are three major findings of paper. First, participation behavior is primarily explained by real wages. There are, however, two hypotheses, relative and permanent wage models that may underlie wage variables. The relative wage variable is adapted from recent res…
A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations
Stephen J. Turnovsky, Michael L. Wachter, A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations, The Review of Economics and Statistics, Vol. 54, No. 1 (Feb., 1972), pp. 47-54
Relative Wage Equations for U.S. Manufacturing Industries 1947-1967
The Relevance of the Household Production Function and Its Implications for the Allocation of Time
This paper provides a critique of the household production function approach and its application to the allocation of time. It is argued that many applications of the model, especially those making use of implicit "commodity prices," require that the household's technology exhibit constant returns and no joint production; otherwise, implicit commodity prices depend on the household's preferences as well as on its technology and the prices of mark…
Union Effects on Nonunion Wages
The authors test for threat and crowding effects of unions on non-union wages at the industry and city levels, using panel data on the percent organized and nonunion industry and city wage differentials constructed from Current Population Surveys over the period 1973-89. At the industry level, increases in the percent organized were associated with decreases in the nonunion industry wage differential, suggesting that crowding effects were the pre…
Evaluating the Evidence on Union Employment and Wages
Using Current Population Survey data for the years 1973-86, this study tests the hypothesis that the steep decline of union employment shares since 1973 is related to increases in union wages relative to nonunion wages. The authors show that although the aggregate union wage premium has changed little since 1973, some industry-specific premiums have risen substantially, and the industries with the rising premiums are those experiencing declines i…
Demographic Influences on Economic Stability
Richard A. Easterlin, Michael L. Wachter, Susan M. Wachter, Demographic Influences on Economic Stability: The United States Experience, Population and Development Review, Vol. 4, No. 1 (Mar., 1978), pp. 1-22
Wage Comparability in the U.S. Postal Service
Federal law requires that the U.S. Postal Service pay wages comparable to those paid in the private sector. The authors argue that the appropriate test of that concept is a comparison of the wages paid to all comparably skilled workers, not only to white male workers in the private sector. By that standard, the authors conclude, from an analysis of CPS data, that in 1978 postal workers enjoyed a 21 percent wage advantage. They also point to the l…
The Labor Market and Illegal Immigration
This paper first develops a labor supply forecast for the U.S. labor market in the 1980s, focusing on the effects of the low fertility rates of recent years, and then compares that forecast with the BLS projection of employment demand in the next decade. The author attempts to isolate those occupations and age-sex groups that are likely to have a shortfall of workers and to match the characteristics of those shortage categories with the demograph…
The Case Against Shareholder Empowerment
A New Approach to the Equilibrium Labour Force
The time series, labour force participation equation has received considerable attention in the recent literature. This seems largely to be due to interest in the macro-policy implications of the equation and to the need for such an equation in the labour sector of econometric models. The major finding of this research is that the labour force varies inversely with the unemployment rate (the effect) (Tella, 1964, 1965; Dernburg and Strand, 1966; …
Relative Wage Equations for U.S. Manufacturing Industries 1947-1967
A Labor Supply Model for Secondary Workers
T HE purpose of this paper is to estimate a labor supply or participation rate function for period 1948 through 1968, for various age-sex groups that comprise secondary labor force.' There are three major findings of paper. First, participation behavior is primarily explained by real wages. There are, however, two hypotheses, relative and permanent wage models that may underlie wage variables. The relative wage variable is adapted from recent res…
A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations
Stephen J. Turnovsky, Michael L. Wachter, A Test of the "Expectations Hypothesis" Using Directly Observed Wage and Price Expectations, The Review of Economics and Statistics, Vol. 54, No. 1 (Feb., 1972), pp. 47-54
Unemployment
ONE of the most important relationships I in economics is that between the production of real output on the one side and the employment and unemployment of labor on the other. In the familiar breakdown of an economy into its simplest functions a goods market, a labor market, and one or more financing markets1 this relationship comprises the interface between the goods market and the labor market. The relationship is all the more important in that…
A New Approach to the Equilibrium Labour Force
The time series, labour force participation equation has received considerable attention in the recent literature. This seems largely to be due to interest in the macro-policy implications of the equation and to the need for such an equation in the labour sector of econometric models. The major finding of this research is that the labour force varies inversely with the unemployment rate (the effect) (Tella, 1964, 1965; Dernburg and Strand, 1966; …
Understanding the Employment Relation
Oliver E. Williamson, Michael L. Wachter, Jeffrey E. Harris, Understanding the Employment Relation: The Analysis of Idiosyncratic Exchange, The Bell Journal of Economics, Vol. 6, No. 1 (Spring, 1975), pp. 250-278
The Relevance of the Household Production Function and Its Implications for the Allocation of Time
This paper provides a critique of the household production function approach and its application to the allocation of time. It is argued that many applications of the model, especially those making use of implicit "commodity prices," require that the household's technology exhibit constant returns and no joint production; otherwise, implicit commodity prices depend on the household's preferences as well as on its technology and the prices of mark…
Demographic Influences on Economic Stability
Richard A. Easterlin, Michael L. Wachter, Susan M. Wachter, Demographic Influences on Economic Stability: The United States Experience, Population and Development Review, Vol. 4, No. 1 (Mar., 1978), pp. 1-22
The Labor Market and Illegal Immigration
This paper first develops a labor supply forecast for the U.S. labor market in the 1980s, focusing on the effects of the low fertility rates of recent years, and then compares that forecast with the BLS projection of employment demand in the next decade. The author attempts to isolate those occupations and age-sex groups that are likely to have a shortfall of workers and to match the characteristics of those shortage categories with the demograph…
Leveling the Peaks and Troughs in the Demographic Cycle
Michael L. Wachter, William L. Wascher, Leveling the Peaks and Troughs in the Demographic Cycle: An Application to School Enrollment Rates, The Review of Economics and Statistics, Vol. 66, No. 2 (May, 1984), pp. 208-215
Wage Comparability in the U.S. Postal Service
Federal law requires that the U.S. Postal Service pay wages comparable to those paid in the private sector. The authors argue that the appropriate test of that concept is a comparison of the wages paid to all comparably skilled workers, not only to white male workers in the private sector. By that standard, the authors conclude, from an analysis of CPS data, that in 1978 postal workers enjoyed a 21 percent wage advantage. They also point to the l…
Wages in the Postal Service
Evaluating the Evidence on Union Employment and Wages
Using Current Population Survey data for the years 1973-86, this study tests the hypothesis that the steep decline of union employment shares since 1973 is related to increases in union wages relative to nonunion wages. The authors show that although the aggregate union wage premium has changed little since 1973, some industry-specific premiums have risen substantially, and the industries with the rising premiums are those experiencing declines i…
Leveling the Peaks and Troughs of the Demographic Cycle
Michael L. Wachter, William L. Wascher, Leveling the Peaks and Troughs of the Demographic Cycle: An Application to School Enrollment Rates: A Reply, The Review of Economics and Statistics, Vol. 73, No. 3 (Aug., 1991), pp. 575-576
Union Effects on Nonunion Wages
The authors test for threat and crowding effects of unions on non-union wages at the industry and city levels, using panel data on the percent organized and nonunion industry and city wage differentials constructed from Current Population Surveys over the period 1973-89. At the industry level, increases in the percent organized were associated with decreases in the nonunion industry wage differential, suggesting that crowding effects were the pre…
The Case Against Shareholder Empowerment
Economics (16 obras) · Labour economics (10 obras) · Business (6 obras) · Econometrics (6 obras) · Labor market dynamics and wage inequality (6 obras) · Wage (6 obras) · Demographic economics (4 obras) · Economic Theory and Policy (4 obras) · Political science (4 obras) · Demography (3 obras)