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Essays on wages and earnings
Descriptive
TitleInfo
Title
Essays on wages and earnings
Name
(type = personal)
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(type = family)
Oh
NamePart
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Sang-bong
NamePart
(type = date)
1972-
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Sang-bong Oh
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author
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Killingsworth
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Mark
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Mark Killingsworth
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Advisory Committee
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chair
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Altshuler
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Rosanne
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Rosanne Altshuler
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Advisory Committee
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internal member
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McLean
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Richard
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Richard McLean
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Advisory Committee
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internal member
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Ira
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Ira Gang
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Advisory Committee
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internal member
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Kruse
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Douglas L.
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Douglas L. Kruse
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Advisory Committee
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outside member
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NamePart
Rutgers University
Role
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(authority = RULIB)
degree grantor
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Graduate School - New Brunswick
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school
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Text
Genre
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theses
OriginInfo
DateCreated
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2012
DateOther
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2012-10
Place
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xx
Language
LanguageTerm
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(type = code)
eng
Abstract
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In this dissertation I first try to explain how the wage is determined from a theoretical perspective. Then I provide a test regarding a phenomenon which has not been well explained so far. Finally I turn to an important issue in studies on taxation. In the first chapter I provide models considering when firm sets wage either above or below the market clearing wage although previous models take as granted that the efficiency wage is above the market clearing wage. A simple model, the "selection model", is different from previous models in that the firm considers workers' choices on labor supply as an important factor when it makes decisions on wages and employment. I then set up the "effort model", in which the effort function is determined by the worker while the ability function is exogenously given the selection model. As a result, the models produce set of possible choices which resembles backward-bending labor supply curve. The shape helps explain the minimum wage paradox. In the second chapter I test whether efficiency wage models contribute to explaining interindustry wage differentials. First, I find two variables which could cause firms to pay different wages to seemingly identical workers: the internal and external reference wages. Then, I estimate wage equations with and without those variables, and find that those variables help explain interindustry wage differentials by reducing the standard deviation of wage differentials. In the final chapter I address a problem that study of the behavioral response to the changes in the individual tax rate always encounters: endogeneity. I first develop novel instruments for the marginal tax rate and net-of-tax rate (1 - marginal tax rate). Then, I run regression using the new instruments for the net-of-tax rate and also using either no instrument or an improper instrument. Regressions suggest that the tax rates are endogenous to income and replacing the tax rates with the counterfactual tax rates solves the endogeneity problem. They also imply that the tax rate changes have no significant effect on medium-income earners in the short run.
Subject
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Topic
Economics
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TitleInfo
Title
Rutgers University Electronic Theses and Dissertations
Identifier
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ETD
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ETD_4364
PhysicalDescription
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electronic resource
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Extent
vii, 99 p. : ill.
Note
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Ph.D.
Note
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Includes bibliographical references
Note
(type = statement of responsibility)
by Sang-bong Oh
Subject
(authority = ETD-LCSH)
Topic
Wages
Subject
(authority = ETD-LCSH)
Topic
Economics
Identifier
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http://hdl.rutgers.edu/1782.1/rucore10001600001.ETD.000066930
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Title
Graduate School - New Brunswick Electronic Theses and Dissertations
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rucore19991600001
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doi:10.7282/T3MG7N8M
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ETD doctoral
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Rights
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The author owns the copyright to this work.
RightsHolder
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Name
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Oh
GivenName
Sang-bong
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Permission or license
DateTime
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2012-10-03 09:37:22
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Name
Sang-bong Oh
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Affiliation
Rutgers University. Graduate School - New Brunswick
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License
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Author Agreement License
Detail
I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
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2012-10-31
DateTime
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2013-10-31
Type
Embargo
Detail
Access to this PDF has been restricted at the author's request. It will be publicly available after October 31st, 2013.
Copyright
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Copyright protected
Availability
Status
Open
Reason
Permission or license
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