To test the predictions of this model, we use data from 13 US states who passed pay transparency laws protecting the “right of workers to talk” (ROWTT) about wages prior to federal policies extending these rights to all government contract workers in 2016. Using a multi-period difference-in-differences (“event study”) design, we find that ROWTT laws decrease the average wages of full-time workers by roughly 2% over the three years following enactment.
The size of this effect is mediated by the degree of individual bargaining power that workers have before the enactment of these laws. We find a negligible impact on the wages of unionized occupations and a bigger impact on wages of college-educated workers with higher individual bargaining power, whose wages decline on average by 4%
To test the predictions of this model, we use data from 13 US states who passed pay transparency laws protecting the “right of workers to talk” (ROWTT) about wages prior to federal policies extending these rights to all government contract workers in 2016. Using a multi-period difference-in-differences (“event study”) design, we find that ROWTT laws decrease the average wages of full-time workers by roughly 2% over the three years following enactment.
The size of this effect is mediated by the degree of individual bargaining power that workers have before the enactment of these laws. We find a negligible impact on the wages of unionized occupations and a bigger impact on wages of college-educated workers with higher individual bargaining power, whose wages decline on average by 4%
Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. DFR Lab sent the image through Microsoft Azure's Face Verification program and found that it was "highly unlikely" that the person in the second photo was the same as the first woman. The fact-checker Logically AI also found the claim to be false. The woman, Olena Kurilo, was also captured in a video after the airstrike and shown to have the injuries. "Russians are really disconnected from the reality of what happening to their country," Andrey said. "So Telegram has become essential for understanding what's going on to the Russian-speaking world." In 2018, Russia banned Telegram although it reversed the prohibition two years later. The perpetrators use various names to carry out the investment scams. They may also impersonate or clone licensed capital market intermediaries by using the names, logos, credentials, websites and other details of the legitimate entities to promote the illegal schemes.
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