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Using the first two waves of the Vietnam Living Standards Survey, we investigate how a father’s temporary absence affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labor supply in the 1990s. The estimating subsample is...
Persistent link: https://www.econbiz.de/10005014568
Failure in the training market may result from credit constraints and the inability to insure against labour income uncertainty, deterring potential trainees, or labour market imperfections that create external benefits for firms. This paper constructs a model of a training market affected by...
Persistent link: https://www.econbiz.de/10005498076
We explore the role of human capital investments in the location decisions of firms. We show that whether human capital investments act as a force for or against concentration depends on who is undertaking them and whether they are industry- or firm-specific. We also discuss the empirical...
Persistent link: https://www.econbiz.de/10005666716
We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial …
Persistent link: https://www.econbiz.de/10011249373
Incentives to invest in higher education are affected by both the direct wage effect of human capital investments and the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher educated. We analyse the returns to education in...
Persistent link: https://www.econbiz.de/10009293660
Immigration to the UK, particularly among more educated workers, has risen appreciably over the past 30 years and as such has raised labor supply. However studies of the impact of immigration have failed to find any significant effect on the wages of native-born workers in the UK. This is...
Persistent link: https://www.econbiz.de/10008527530
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
. Assuming that students' attitudes toward risk can be represented by a CRRA utility, we show that the risk-aversion parameter … of the coefficient of relative risk aversion, between 0.1 and 0.9. These results are obtained with a rich sample of 12 …
Persistent link: https://www.econbiz.de/10005123629
Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...
Persistent link: https://www.econbiz.de/10005124097
This paper examines the empirical evidence regarding the poor performance of the youth labour market in Spain over the last two decades, which entails very high unemployment for both higher and lower educated workers, symptoms of over-education, and low intensity of on-the-job training. It also...
Persistent link: https://www.econbiz.de/10005136544