In light of growing difficulties for schools to attract teachers in science, technology, engineering, and mathematics (STEM) fields and the continued discussions surrounding the unionization of education, this paper examines the effect of collective bargaining (CB) laws on the salary of teachers with a STEM degree. To isolate the effect of…

Business schools frequently utilize AACSB's Salary Survey ("Staff Compensation and Demographic Survey," or the "SCDS Report") to benchmark salaries being offered by other schools. While providing averages based on a national sample, the "SCDS Report" obscures differences that might exist in salary averages between…

Empirical evidence on the effects of compensation reform is somewhat scarce. Most U.S. public school teachers are paid according to rigid schedules that determine pay based solely on seniority and academic credentials. In unionized school districts, these schedules are set by collective bargaining agreements. In 2011 when the Wisconsin state…

Researchers have posited various theories to explain supposed declines in teaching quality: the expansion of labor market opportunities for women, low relative wages, compressed compensation structures, and substituting quantity for quality. We synthesize these previous theories and expand on the current literature by incorporating a useful…

All of our choices and all that sets us apart are governed by what we can do, what we want to do, and what we know. This dissertation aims to quantify two of these channels to better understand why we differ. The first two chapters focus on what we know and how it shapes societal gaps. The first chapter attacks the question of how much of the gap…

This dissertation studies the labor market outcomes of college graduates. The choice of college major is one of the most direct ways for college graduates to acquire skills and earnings differences between college majors rival those between high school and college graduates. In each chapter, I combine rigorous descriptive analysis methods with…

This dissertation studies the effect of higher education costs on students' outcomes in the labor market, particularly when credit constraints are absent. It utilizes the UK's institutional setting to identify such an effect. The key findings are as follows. (i) Increasing tuition fees does not have adverse effects on students as long as credit…

Evidence on gender inequality in the labor market is extensive. However, little is known about the potential role of overeducation and horizontal mismatch in explaining women's labor-market disadvantages. We draw on recent data from the Eurograduate pilot survey to investigate the role of overeducation, field-of-study mismatch and field-specific…

In the past decade, education reforms implemented high-stakes teacher evaluation, limited tenure protections, and restricted collective bargaining. Large increases in compensation may be needed to offset these losses in employment protections to attract and retain teachers. We test this hypothesis by examining the impact of a set of policy changes…

Indonesia has prioritized upper secondary vocational education since 2006. This study examines the labour market outcomes of upper secondary vocational education in terms of decent work (DW), using Indonesian Family Life Survey data and a research framework that links DW into the broader labour economics of the school to work transition. We…

Tom Wilson, the chair of the executive committee of the U.S. Chamber of Commerce published an op-ed titled "Save Capitalism by Paying People More." Wilson acknowledges in blunt terms that ordinary working Americans are not flourishing economically. This year's annual "The State of Working Pennsylvania" documents the accuracy of…

Defined benefit (DB) pension plans incentivize "salary spiking," where sharp increases in pay are leveraged into significantly higher levels of retirement compensation. While egregious instances of salary spiking occasionally make headlines, there is little guidance on the definition of salary-spiking behavior or understanding of its…

What is the impact of the minimum wage on the college wage premium? I show that job-ladder models imply that the effect should be small on impact--raising only the wages of workers bound by the minimum wage--and grow over time as workers slowly move up the job ladder. Guided by my theory, I present evidence that these dynamic effects are present…

Purpose: The job satisfaction of university graduates can serve as an indicator of success in their professional development. At the same time, it can be a measure of higher education systems' effectiveness. The purpose is to assess the relationship of university graduates' socio-demographic characteristics, aspects of their degree program,…

Theories of market-based school reform suggest that teacher labor markets may be inefficient because schools lack autonomy to incentivize performance in hiring, retention, and compensation. We test this empirically by comparing teacher exits in the deregulated market of New Orleans with neighboring traditional school districts. We find that the…