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The demographic transition -the move from a high fertility/high mortality regime into a low fertility/low mortality regime- is one of the most fundamental transformations that countries undertake. To study demographic transitions across time and space, we compile a data set of birth and death...
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We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...
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Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and unobserved heterogeneity, and evaluate the effect of...
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Persistently high unemployment, tight government budgets and the growing scepticism regarding the effects of active labour market policies (ALMP) are the basis for a growing interest in evaluating these measures. This paper intends to explain the need for evaluation on the micro- and...
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Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers …
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