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The effect of school quality on educational attainment and wages

Dearden, Lorraine; Ferri, Javier; Meghir, Costas - 2000

The paper examines the effects of school pupil-teacher ratios and type of school on educational attainment and wages using the British National Child Development survey (NCDS). The NCDS is a panel survey which has followed a cohort of individuals born in March 1958, and has a rich set of...

Persistent link: https://www.econbiz.de/10010293057

An empirical investigation of labor income processes

Guvenen, Fatih - 2007

In this paper we reassess the evidence on labor income risk. There are two leading views on the nature of the income … process in the current literature. The .first view, which we call the .Restricted Income Profiles.(RIP) process, holds that … individuals are subject to large and very persistent shocks, while facing similar life-cycle income profiles. The alternative view …

Persistent link: https://www.econbiz.de/10010293069

Nash Bargaining and the Wage Consequences of Educational Mismatches

Hartog, Joop; Sattinger, Michael - 2012

The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...

Persistent link: https://www.econbiz.de/10010326479

Who gains when workers train? Training and corporate productivity in a panel of British industries

Dearden, Lorraine; Reed, Howard; Van Reenen, John - 2000

There is a vast empirical literature of the effects of training on wages that are taken as an indirect measure of productivity. This paper is part of a smaller literature on the effects of training on direct measures of industrial productivity. We analyse a panel of British industries between...

Persistent link: https://www.econbiz.de/10010330311

Earnings, consumption and lifecycle choices

Meghir, Costas; Pistaferri, Luigi - 2010

choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The … and identify the income process or the information set of the individuals. Second, one can assume that the income process …

Persistent link: https://www.econbiz.de/10010275767