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substitution of low education / high experience workers by low experience / high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10005656354
This Paper examines the education literature through the lens of sorting. It argues that how individuals sort across …. It discusses the implications of different education finance systems for sorting and analyses the efficiency and welfare …
Persistent link: https://www.econbiz.de/10005123607
the equilibrium sorting of spouses by skill type (their correlation in education) is increasing as a function of the skill … premium and of the degree of correlation of spouses’ education (marital sorting). For all our measures, we find a positive and …
Persistent link: https://www.econbiz.de/10005123829
vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher … case in point. Little attention has been given to examining the success of vocational education in raising the wages of … efficacy of vocational education in raising the wage levels of four such groups: recent immigrants, Jews of Eastern origin …
Persistent link: https://www.econbiz.de/10005123991
Until the early decades of the 20th century, women spent more than 60% of their prime-age years either pregnant or nursing. Since then, the introduction of infant formula reduced women's comparative advantage in infant care, by providing an effective breast milk substitute. In addition, improved...
Persistent link: https://www.econbiz.de/10005666426
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee …'s education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour …
Persistent link: https://www.econbiz.de/10005666574
This paper develops a matching model of the labour market under wage rigidity when hiring decisions are irreversible. There are two types of workers, the skilled and the unskilled. The model is used to analyse whether technological advances may have increased unemployment, and shows that this is...
Persistent link: https://www.econbiz.de/10005666594
This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are examined: (i) `unemployment persistence', arising when...
Persistent link: https://www.econbiz.de/10005791454
This Paper surveys the existing empirical research that uses search theory to analyse empirically labour supply questions in a structural framework, using data on individual labour market transitions and durations, wages, and individual characteristics. The starting points of the literature are...
Persistent link: https://www.econbiz.de/10005792322
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope …
Persistent link: https://www.econbiz.de/10005123553