Dispersion of Employees: Wage Increases and Firm Performance

The authors examine the interrelation between intra-firm wage increases and firm performance. They argue that the dispersion of wage increases rather than wage levels is a crucial measure for monetary incentives in firms. Evidence from unique Danish linked employer employee data shows that large dispersion of wage growth within firms is generally connected with low firm performance.

Firm-Level Social Returns to Education

The paper examines the question, do workers benefit from the education of their co-workers? The author introduces a model of on-the-job schooling, which argues that educated workers may
transfer part of their general skills to uneducated workers and that this spillover is affected by the degrees of non-excludability, irreversibility and generality of those skills.

Best Performing Cities: Where Americas Jobs are Created and Sustained - 2004

The Milken Institute Best Performing Cities index ranks U.S. metropolitan areas based upon their economic performance and their ability to create, as well as keep, the greatest number of jobs in the nation. The top large metro on this years list is Fort Myers, Florida, one of seven Florida metros on the top 20. The top small metro is Missoula, Montana.

The Changing Nature of Corporate Global Restructuring: The Impact of Production Shifts on Jobs in the U.S., China, and Around the Globe

The study attempts to fill a severe knowledge gap in our understanding of the nature and scope of U.S. production shifts to China and elsewhere. Findings indicate that during 2004, the U.S. will lose as many as 406,000 jobs as they are shifted from the U.S. to other countries. The figure compares to 204,000 jobs in 2001. Nearly one-fourth of the 2004 job losses are expected to go to China. Mexico and India are the other significant beneficiaries of the offshoring trend.

Americas High Tech Bust

Using data from the Current Employment Statistics survey and the Current Population Survey, the authors produce a comparative analysis of IT labor markets in six key metropolitan areas to examine the state of IT industry employment in the United States.