Similar Search Results

The Aggregate Labour Market Effects of the Swedish Knowledge Lift Program

Albrecht, James; den Berg, Gerard J van; Vroman, Susan - C.E.P.R. Discussion Papers - 2006

The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...

Persistent link: https://www.econbiz.de/10005123553

Risk Aversion and Human Capital Investment: A Structural Econometric Model

Brodaty, Thomas; Gary-Bobo, Robert J.; Prieto, Ana - C.E.P.R. Discussion Papers - 2006

. Assuming that students' attitudes toward risk can be represented by a CRRA utility, we show that the risk-aversion parameter …

Persistent link: https://www.econbiz.de/10005123629

Earnings Inequality, Returns to Education and Immigration into Ireland

Barrett, Alan; Fitz Gerald, John; Nolan, Brian - C.E.P.R. Discussion Papers - 2000

Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...

Persistent link: https://www.econbiz.de/10005124097

Explaining Youth Labour Market Problems In Spain: Crowding-Out, Institutions, Or Technology Shifts?

Dolado, Juan J.; Felgueroso, Florentino; Jimeno, Juan F - C.E.P.R. Discussion Papers - 2000

This paper examines the empirical evidence regarding the poor performance of the youth labour market in Spain over the last two decades, which entails very high unemployment for both higher and lower educated workers, symptoms of over-education, and low intensity of on-the-job training. It also...

Persistent link: https://www.econbiz.de/10005136544

The Education, Labour Market and Health Consequences of Child Labour

Beegle, Kathleen; Dehejia, Rajeev H; Gatti, Roberta - C.E.P.R. Discussion Papers - 2004

children are likely to earn a higher wage as young adults. This effect more than fully offsets the foregone earnings due to … set) and that parents are able to borrow (or internally fund) the investment in schooling. …

Persistent link: https://www.econbiz.de/10005067577

Earnings Dispersion, Risk Aversion and Education

Belzil, Christian; Hansen, Jörgen - C.E.P.R. Discussion Papers - 2002

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10005067578

The Wage Expectations of European College Students

Brunello, Giorgio; Lucifora, Claudio; Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 2001

the results of the first systematic study of the wage expectations of European college students. Our data are based on the … replies to the same questionnaire by more than 6000 college students all over Europe. We study the determinants of wage …-specific microdata. In line with US studies we find that students overestimate returns to education. …

Persistent link: https://www.econbiz.de/10005497746

Increasing Returns to Education: Theory and Evidence

Booth, Alison L; Coles, Melvyn G; Gong, Xiaodong - C.E.P.R. Discussion Papers - 2007

We model educational investment and labour supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. Following Rosen (1983), we show that there are private increasing returns to education...

Persistent link: https://www.econbiz.de/10005497970

Does Speed Signal Ability? The Impact of Grade Repetitions on Employment and Wages

Brodaty, Thomas; Gary-Bobo, Robert J.; Prieto, Ana - C.E.P.R. Discussion Papers - 2008

the average school-leaving age of students holding the same certificate or degree. We use past school-opening instruments …, and distance-to-the-nearest-college, also measured in the past, when students were entering grade 6, to identify the …

Persistent link: https://www.econbiz.de/10005498114

Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality

Acemoglu, Daron - C.E.P.R. Discussion Papers - 1997

This paper considers an economy where skilled and unskilled workers use different technologies. The rate of improvement of each technology is determined by a profit-maximizing R&D sector. When there is a high proportion of skilled workers in the labour-force, the market for skill-complementary...

Persistent link: https://www.econbiz.de/10005504709