John Abowd

First name
John
Last name
Abowd
Author
Year of Publication
1977
Number
102
Date Published
10/1977
Publication Language
eng
Citation Key
8005
Abowd, J. (1977). An Econometric Model of the U.S. Market for Higher Education. Retrieved from http://arks.princeton.edu/ark:/88435/dsp01sj1391935 (Original work published October 1977)
Working Papers
Abstract

This paper models the competitive equilibrium wage rate when
employment offers vary according to the amount of anticipated unemployment and
unemployment risk. The competitive wage reflects a compensating differential
which includes a certainty equivalent compensation proportional to the squared
expected unemployment rate and a risk compensation proportional to the
coefficient of unemployment variation. The factors of proportionality are
half the inverse compensated labor supply elasticity and half the relative
risk aversion, respectively. we use panel data to construct a model of
anticipated unemployment and unemployment variance which depends on personal
employment history, industry and economy-wide factors. Compensating wage
differentials ranging from less than 1% to more than l4% are estimated for a
two-digit industry classification over the years 1970 to 1975.

Year of Publication
1980
Number
137
Date Published
06/1980
Publication Language
eng
Citation Key
Reprinted in Studies in Labor Markets, ed. S. Rosen. 1981.) The Collected Essays of Orley Ashenfelter, Volume I Edited by Kevin F. Hallock (Cheltenham, U.K. and Lyme, N.H.: Elgar) 1997.
Ashenfelter, O., & Abowd, J. (1980). Anticipated Unemployment, Temporary Layoffs and Compensating Wage Differentials. Retrieved from http://arks.princeton.edu/ark:/88435/dsp01fx719m450 (Original work published June 1980)
Working Papers
Year of Publication
1979
Number
108A
Date Published
06/1979
Publication Language
eng
Citation Key
Economica, 47, pp. 73-79
Mulvey, C., & Abowd, J. (1979). Estimating the Union-Non-Union Wage Differential: A Statistical Issue. Retrieved from http://arks.princeton.edu/ark:/88435/dsp01pg15bd89c (Original work published June 1979)
Working Papers
Year of Publication
1984
Number
166
Date Published
06/1984
Publication Language
eng
Citation Key
The American Economic Review, 77, March, 1987
Card, D., & Abowd, J. (1984). Intertemporal Labor Supply in the Presence of Long Term Contracts. Retrieved from http://arks.princeton.edu/ark:/88435/dsp01gt54kn026 (Original work published June 1984)
Working Papers
Author
Abstract

The enterprise (firm) is modeled as a collection of formal and
informal contracts providing various factors of production with claims
on the income stream in consideration of assets or services supplied to
the enterprise. The strongly efficient bargaining model implies that
the division of the quasi-rents will result in dollar for dollar
exchanges of wealth between the union members and the shareholders. The
leading inefficient bargaining models do not imply such tradeoffs in
general. The model is tested by considering contract settlements during
the years 1976 to 1982 as recorded by the Bureau of National Affairs in
Collective Bargaining Negotiations and Contracts. Security price data
for the firms were merged with these bargaining unit level settlement
data. The tests provide substantial confirmation of the dollar for
dollar wealth tradeoff between union members and shareholders.

Year of Publication
1987
Number
218
Date Published
01/1987
Publication Language
eng
Citation Key
National Bureau of Economic Research Working Paper 2137, January 1987
Abowd, J. (1987). Collective Bargaining and the Division of the Value of the Enterprise. Retrieved from http://arks.princeton.edu/ark:/88435/dsp016t053f988 (Original work published January 1987)
Working Papers
Year of Publication
1979
Number
120
Date Published
03/1979
Publication Language
eng
Citation Key
8364
Ashenfelter, O., & Abowd, J. (1979). Unemployment and Compensating Wage Differentials. Retrieved from http://arks.princeton.edu/ark:/88435/dsp01df65v786d (Original work published March 1979)
Working Papers