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Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...
Persistent link: https://www.econbiz.de/10009351470
identification. On the return to work after the birth, mothers’ wages drop by 3 to 5.7 per cent per year of leave. We find negative …
Persistent link: https://www.econbiz.de/10009645655
, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …
Persistent link: https://www.econbiz.de/10005181342
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10010690377
Many countries use centralized exit exams as a governance devise of the school system. While abundant evidence suggests positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on subsequent earnings. We suggest that labor-market...
Persistent link: https://www.econbiz.de/10010691259
Immigrants in many countries have lower employment rates and lower earnings than natives. We study whether a more liberal access to citizenship improves the economic integration of immigrants. Our analysis relies on two major immigration reforms in Germany, a country with a weak record of...
Persistent link: https://www.econbiz.de/10010757727
workers, firms, and occupations with a focus on peer effects in wages rather than productivity. Our estimation strategy …—which links the average permanent productivity of workers’ peers to their wages— circumvents the reflection problem and accounts … for the endogenous sorting of workers into peer groups and firms. On average, we find only small peer effects in wages. We …
Persistent link: https://www.econbiz.de/10010877670
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10010877910
While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of heterogeneity and risk, surveys the analytical...
Persistent link: https://www.econbiz.de/10010877976
returns to seniority are similar for the two regional labor markets. The returns to experience lag behind in the East German …We extend the literature on transition economies' wage structures by investigating the returns to tenure and experience … life cycle structure in East and West German wages for fulltime employed men in the private sector. The patterns in the …
Persistent link: https://www.econbiz.de/10005766091