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If the future of shorter hours for many workers comes to pass, will the structure of earnings be affected?
Research has begun to analyze the tone and narrative structure of earnings announcements after decades of focusing on market reactions to the earnings news itself.
The similarity between the structure of earnings by industry in different countries with printing, iron and steel, and engineering near the top, and textiles and food processing low down is thus attributable to common processes requiring similar compositions of the labour force.
The figure displays on the x-axis the share of bonuses over earnings as obtained from the Structure of Earnings Survey in 2006 and on the y-axis our measure of wage rigidity averaged at the sector level.
First, we evaluate the importance of overtime pay on total wages, using the Structure of Earnings Survey in 2006.
Since LFS data may suffer from measurement error (more on this in the next section on the estimation of non-compliance), we also match the wage floors data to an employers' survey and the Structure of Earnings Survey and to administrative data from the Italian National Social Security Institute (Istituto Nazionale della Previdenza Sociale henceforth INPS).
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Manfred Gentz, the chief financial officer at DaimlerChrysler, parent of the Chrysler Group, said in a conference call last week that the price war was "destroying the structure of our earnings".
Has the emergence of information technology changed the structure of employment and earnings in the US?
Since the distribution of immigrants and natives across occupations is unlikely to be random (as shown in the following Figure 1), we do not interpret the structure of inter-occupational earnings differentials and focus mainly on the effect of human capital variables (i.e., schooling and work experience) on earnings.
"This divestiture will immediately help improve our margin structure, eliminate a source of earnings volatility and reduce our debt leverage," said Rick Wolford, Del Monte's chairman and chief executive officer.
Analysis of occupational structure and earnings reveals that aged workers are employed in sectors that are typically low earning.
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