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incentives to invest optimally ex ante in education. …
Persistent link: https://www.econbiz.de/10005123718
We use a quantile regression framework to investigate the degree to which work-related training affects the location, scale and shape of the conditional wage distribution. Human capital theory suggests that the percentage returns to training investments will be the same across the conditional...
Persistent link: https://www.econbiz.de/10005124003
The gender wage gap varies widely across countries and across skill groups within countries. Interestingly, there is a positive cross-country correlation between the unskilled-to-skilled gender wage gap and the corresponding gap in hours worked. Based on a canonical supply and demand framework,...
Persistent link: https://www.econbiz.de/10009283390
affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labor … attendance or education-related household expenditures. …
Persistent link: https://www.econbiz.de/10005014568
Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...
Persistent link: https://www.econbiz.de/10005504450
explanation for why wage inequality has recently increased in some countries: exogenous changes that increase labour market …
Persistent link: https://www.econbiz.de/10005504764
show that there are private increasing returns to education at the labour market participation margin. We show that these … depend directly on the elasticity of labour supply with respect to wages. Thus the increasing returns to education problem …
Persistent link: https://www.econbiz.de/10005497970
This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment...
Persistent link: https://www.econbiz.de/10005497988
We investigate two dimensions of investment in general human capital on-the-job: the number of workers trained and the intensity of training for each worker. In the benchmark case, we consider wage and training decisions made by firms in an imperfectly competitive labour market. The benchmark...
Persistent link: https://www.econbiz.de/10005498000
This paper uses a new data source to investigate whether wages rise more with seniority in unionized or non-unionized workplaces. The data distinguish workers who are covered by incremental wage scales with automatic progression by seniority. For union workers with seniority scales, the union...
Persistent link: https://www.econbiz.de/10005656195