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Expected earnings and expected returns to education are seen by labor economists as a major determinant of educational attainment. In spite of this, the empirical knowledge about expectations and their formation is scarce. In this paper we report the results of the first systematic study of the...
Persistent link: https://www.econbiz.de/10005703334
We use cohort data from 11 European countries to study whether experience profiles differ by educational attainment. Previous literature does not provide a clear answer to this question, that is important to evaluate private returns to education over the working life of individuals. We find...
Persistent link: https://www.econbiz.de/10005703438
We exploit the cross-country and time variation in the demographics and education structure in 11 European countries to study how cohort size has affected real earnings in Europe. When we pool the data of all countries, we find that cohort size has a negative and statistically significant effect...
Persistent link: https://www.econbiz.de/10002265155
Persistent link: https://www.econbiz.de/10001896026
I use the European Community Household Panel to ask whether unemployment affects the relationship between education and … from the experience of unemployment. This result partially compensates the fact that more education reduces the incidence … of unemployment: unemployment is less likely among the better educated, but its occurrence has more sizeable effects on …
Persistent link: https://www.econbiz.de/10005703016
"We use a search and matching model to investigate the economic relationship between training and local economic conditions. We identify two aspects of this relationship going in opposite directions: on the one hand, the complementarity between local knowledge spillovers and training generates a...
Persistent link: https://www.econbiz.de/10002093522
Persistent link: https://www.econbiz.de/10001784137
We study whether the combined significant reduction in the pupil-teacher ratio and increase in parental education observed in Italy between the end of World War II and the end of the 1980s have had a significant impact on the educational attainment and the labor market returns of a...
Persistent link: https://www.econbiz.de/10001745326
Persistent link: https://www.econbiz.de/10001948529
tracking. We calibrate the model for Germany and study how relative demand shifts toward more general skills and changes in the …
Persistent link: https://www.econbiz.de/10005762326