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Compensation Comparisons Between Sectors in Us

Josefa Ramoni-Perazzi

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ISBN 10: 3639023463 / ISBN 13: 9783639023466
Editorial: VDM Verlag
Nuevos Condición: New Encuadernación de tapa blanda
Librería: BuySomeBooks (Las Vegas, NV, Estados Unidos de America)

Librería en AbeBooks desde: 21 de mayo de 2012

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Descripción

Paperback. 140 pages. Dimensions: 8.7in. x 5.9in. x 0.3in.This work attempts to find evidence on the extent of the rent paid to public sector workers in the United States by comparing human capital returns between the public and private sector, controlling for selectivity bias. Using information from the Health and Retirement Study (HRS) and the Current Population Survey (CPS) for the period 1992-2000, I apply propensity score matching methods in order to obtain workers from both sectors comparable in terms of their propensity score or conditional probability of working in the public sector. Results show a wage premium paid to public sector workers ranging from 3. 5 percent to 11. 1 percent when controlling for union status, and from 1. 6 percent to 6 percent without controlling for union status. Wage differentials widen when adjusted for nonwage pecuniary benefits, with public sector workers enjoying relatively better jobs. In the presence of selectivity bias, the wage premium seems to be underestimated. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. N° de ref. de la librería 9783639023466

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Detalles bibliográficos

Título: Compensation Comparisons Between Sectors in ...

Editorial: VDM Verlag

Encuadernación: Paperback

Condición del libro:New

Tipo de libro: Paperback

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Sinopsis:

This work attempts to find evidence on the extent of the rent paid to public sector workers in the United States by comparing human capital returns between the public and private sector, controlling for selectivity bias. Using information from the Health and Retirement Study (HRS) and the Current Population Survey (CPS) for the period 1992-2000, I apply propensity score matching methods in order to obtain workers from both sectors comparable in terms of their propensity score or conditional probability of working in the public sector. Results show a wage premium paid to public sector workers ranging from 3.5 percent to 11.1 percent when controlling for union status, and from ?1.6 percent to 6 percent without controlling for union status. Wage differentials widen when adjusted for nonwage pecuniary benefits, with public sector workers enjoying relatively better jobs. In the presence of selectivity bias, the wage premium seems to be underestimated.

About the Author:

Josefa Ramoni-Perazzi, Ph.D: received a Master degree in Statistics from the University of The Andes (Mérida, Venezuela) in 1998 and a Ph.D. in Economics from the University of South Florida (USA) in 2004. Currently, she is a Professor at the University of The Andes in the area of quantitative methods.

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