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Measuring overeducation with earnings frontiers and multiply imputed censored income data
Jensen, Uwe; Gartner, Hermann; Rässler, Susanne - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2006
estimation of earnings frontiers: the censoring of the income data, by multiple imputation. Then, we estimate individual … potential income with stochastic earnings frontiers, and we measure overeducation as the ratio between actual income and … potential income. It is shown that the measurement of overeducation by this income ratio is a valuable addition to the …
Persistent link: https://www.econbiz.de/10005537119
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The Devil is in the Shadow – Do Institutions Affect Income and Productivity or only Official Income and Official Productivity?
Dreher, Axel; Méon, Pierre-Guillaume; Schneider, Friedrich - CESifo - 2007
This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
Persistent link: https://www.econbiz.de/10005094186