As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage …. This suggests that policies that increase returns from studying nursing can attract students to nursing. In addition, the …

wages given up as an employee.Information on income from self-employment is of inferior quality and this is not just … it is not only the location of an income distribution thatmatters and that dispersion and (a)symmetry should not be …

This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare …. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing … measurement error or transitory income shocks and an AR(1) component representing persistent changes in income. We use a tractable …

generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory …