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The Mincer equation-arguably the most widely used in empirical work-can be used to explain a host of economic, and even non-economic, phenomena. One such application involves explaining (and estimating) employment earnings as a function of schooling and labor market experience. The Mincer...
Persistent link: https://www.econbiz.de/10011507219
Numerous studies have investigated whether the provision and generosity of parental leave affects the employment and career prospects of women. Parental leave systems typically provide either short unpaid leave mandated by the firm, as in the US, or more generous and universal leave mandated by...
Persistent link: https://www.econbiz.de/10011514535
Compulsory schooling laws are a common policy tool to achieve greater participation in education, particularly from marginalized groups. Raising the compulsory schooling requirement forces students to remain in school which, on balance, is good for them in terms of labor market outcomes such as...
Persistent link: https://www.econbiz.de/10011630872
Workers participating in firm-sponsored training receive higher wages as a result. But given that firms pay the majority of costs for training, shouldn't they also benefit? Empirical evidence shows that this is in fact the case. Firm-sponsored training leads to higher productivity levels and...
Persistent link: https://www.econbiz.de/10012296348
A non-trivial portion of traffic fatalities involve alcohol or illicit drugs. But does substance use-which is linked to depression, suicide, and criminal activity-also reduce academic performance? Recent studies suggest that the consumption of alcohol has a negative effect on the grades of...
Persistent link: https://www.econbiz.de/10012011662
Numerous studies have investigated whether the provision and generosity of parental leave affects the employment and career prospects of women. Parental leave systems typically provide either short unpaid leave mandated by the firm, as in the US, or more generous and universal leave mandated by...
Persistent link: https://www.econbiz.de/10013413198
Apprenticeship training programs typically last several years and require substantial investments by training firms, largely due to the associated labor costs for participants and instructors. Nevertheless, apprentices also add significant value in the workplace. One tool to measure the costs...
Persistent link: https://www.econbiz.de/10014289735
Recent research has tried to quantify how firms contribute to the immigrant-native earnings gap. Findings from several countries show that around 20% of the gap is due to firm policies that lead to a systematic underrepresentation of immigrants at higher-paying firms. Results also show that some...
Persistent link: https://www.econbiz.de/10013254459
Immigrants contribute to the economic development of the host country, but they earn less at entry and it takes many years for them to achieve parity of income. For some immigrant groups, the wage gap never closes. There is a wide variation across countries in the entry wage gap and the speed of...
Persistent link: https://www.econbiz.de/10011995067
Economists use various metrics for measuring income inequality. Here, the most commonly used measures-the Lorenz curve … dimensions of economic inequality is a key first step toward choosing the right policies to address it. …
Persistent link: https://www.econbiz.de/10012035068