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Jel Classification:J51 

Working Paper
Are Manufacturing Jobs Still Good Jobs? An Exploration of the Manufacturing Wage Premium

This paper explores the factors behind differences in wages between manufacturing and other sectors. Using data from the Current Population Survey, we find that the manufacturing wage premium--the additional pay a manufacturing worker earns relative to a comparable nonmanufacturing worker--disappeared in recent years and that the erosion of the premium has primarily affected workers employed in production occupations, who experienced a wage decline of 2.5 percentage points since the 1990s relative to other workers in production occupations. While the demographic composition and other worker ...
Finance and Economics Discussion Series , Paper 2022-011

Responding to the Childcare Needs of Shift Workers: Examples from the Automotive Industry

Building cars, trucks, SUVs, and automotive parts is not a nine-to-five job. Almost all automotive manufacturing plants run production on two or more shifts or crews per day, and it is not uncommon for auto workers to work second or third shifts, “swing” shifts (that rotate between day and night shifts), or to occasionally work overtime to meet production demands. If you’re an auto manufacturing worker and a parent, working these non-standard hours (defined as anything outside of regular Monday to Friday daytime hours) poses unique challenges in finding quality, available, and flexible ...
Chicago Fed Insights

Working Paper
Unions in a frictional labor market

Revised May 2016. We analyze a labor market with search and matching frictions in which wage setting is controlled by a monopoly union. Frictions render existing matches a form of firm-specific capital that is subject to a hold-up problem in a unionized labor market. We study how this hold-up problem manifests itself in a dynamic infinite horizon model with fully rational agents. We find that wage solidarity, seemingly an important norm governing union operations, leaves the unionized labor market vulnerable to potentially substantial distortions because of hold-up. Introducing a tenure ...
Working Papers , Paper 16-7

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Bayard, Kimberly 1 items

Cajner, Tomaz 1 items

Dziczek, Kristin 1 items

Gregorich, Vivi 1 items

Krusell, Per 1 items

Rudanko, Leena 1 items

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E24 2 items

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