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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
We compare the returns to education (RTE) for entrepreneurs and employees, based on 19waves of the NLSY database. By using instrumental variable techniques (IV) and takingaccount of selectivity, we find that the RTE are significantly higher for entrepreneurs than foremployees (18.3 percent and...
Persistent link: https://www.econbiz.de/10005861838
spells in entrepreneurship versus wage employment, thereby accounting for selectivity into entrepreneurial positions based on … control over the profitable employment of their human capital than wage employees. …
Persistent link: https://www.econbiz.de/10011256522
in the economy. Furthermore, more educated workers typically end up in wage employment and prefer nonfarm … entrepreneurship to farming. The education effect that separates workers into self-employment and wage employment is stronger for women …
Persistent link: https://www.econbiz.de/10011256702
? Our individual fixed-effects estimates of the differential returns to ability for spells in entrepreneurship versus wage …
Persistent link: https://www.econbiz.de/10011257249
. 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