Showing 1 - 10 of 10
We combine micro and macro unemployment duration data to study the effects of the business cycle on the outflow from unemployment. We allow the cycle to affect individual exit probabilities of unemployed workers as well as the composition of the total inflow into unemployment. We estimate the...
Persistent link: https://www.econbiz.de/10011256433
Randomized experiments provide policy relevant treatment effects if there areno spillovers between participants and nonparticipants. We show that thisassumption is violated for a Danish activation program for unemployed workers.Using a difference-in-difference model we show that the...
Persistent link: https://www.econbiz.de/10011257389
Firms hiring fresh graduates face uncertainty on the future productivity of workers. Intuitively,one expects starting wages to reflect this. Formal analysis supports the intuition...
Persistent link: https://www.econbiz.de/10005861871
Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an indicator of the unobserved heterogeneity that...
Persistent link: https://www.econbiz.de/10011256326
In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...
Persistent link: https://www.econbiz.de/10011256615
We apply a recently proposed method to disentangle unobserved heterogeneity from risk in returns to education. We replicate the original study on US men and extend to US women, UK men and German men. Most original results are not robust. A college education cannot universally be considered an...
Persistent link: https://www.econbiz.de/10011256636
? Our individual fixed-effects estimates of the differential returns to ability for spells in entrepreneurship versus wage …
Persistent link: https://www.econbiz.de/10011257249
theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and … undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers … required for their jobs earn wage rewards. These departures from the Mincer human capital earnings function can be explained by …
Persistent link: https://www.econbiz.de/10011257366
relatively general. Applying human capital theory, we expect higher wage growth for full-time educated auditors than for dual …
Persistent link: https://www.econbiz.de/10011257420
. Our estimation results show that a 1 percent point decrease in unemployment rate increases wage offers with 3 percent …
Persistent link: https://www.econbiz.de/10011255962