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Even in OECD countries, where an increasing proportion of the workforce has a university degree, the value of basic skills in literacy and numeracy remains high. Indeed, in some countries the return for such skills, in the form of higher wages, is sufficiently large to suggest that they are in...
Persistent link: https://www.econbiz.de/10011573619
This paper analyses the relationship between wage inequality and labour market development. Relevant economic theories are ambiguous, just as public debates. We measure the effects of wage inequality, skill-biased and skill-neutral technology on hours worked, productivity and wages in a novel...
Persistent link: https://www.econbiz.de/10011663350
There are various reasons why less-educated men have higher risks of labor market vulnerability - risks such as being unemployed or, if employed, having only low socioeconomic status. The commonly used argument is that these higher risks result from increased job competition caused by an...
Persistent link: https://www.econbiz.de/10011833826
We study the evolution of educational attainment of the 1932-1972 cohorts using a human capital investment model with heterogeneous learning ability. Inter-cohort variation in schooling is driven by changes in skill prices, tuition, and education quality over time, and average learning ability...
Persistent link: https://www.econbiz.de/10011878853
This study of the emergence of inequality during the early years is based upon a comparative analysis of children at the age of about five years in Australia, Canada, the United Kingdom and the United States. We study a series of child outcomes related to readiness to learn, focusing on...
Persistent link: https://www.econbiz.de/10010282315
Even in OECD countries, where an increasing proportion of the workforce has a university degree, the value of basic skills in literacy and numeracy remains high. Indeed, in some countries the return for such skills, in the form of higher wages, is sufficiently large to suggest that they are in...
Persistent link: https://www.econbiz.de/10012510498
/her reliance on alternative sources of knowledge for exploring new business opportunities. The extant literature that is at the … crossroads between sources of knowledge and the experiential and intellectual base of an entrepreneur (i.e., dimensions of his …/her human capital) suggests that it is through experience and through education that an entrepreneur obtains knowledge. Using …
Persistent link: https://www.econbiz.de/10012055295
area GDP per capita. Second, we develop measures of human capital that reflect the types of knowledge within U ….S. metropolitan areas. Regional knowledge stocks related to the provision of producer services and information technology are …
Persistent link: https://www.econbiz.de/10010283514
general as well as in technology- and knowledge-intensive subsectors. We compare Germany and Portugal which exhibit, though EU … indicate that the skill composition has different effects on firm entry in the two countries. More specifically, for Portugal …
Persistent link: https://www.econbiz.de/10010299472
Do workers benefit from the education of their co-workers? This question is examined first by introducing a model of on-the-job schooling, which argues that educated workers may transfer part of their general skills to uneducated workers and that this spillover is affected by the degrees of...
Persistent link: https://www.econbiz.de/10010275777