This paper employs United States Census data to study the occupational allocation ofimmigrants. The data reveal that the occupational shares of various ethnic groups havegrown drastically in regional labor markets over the period 1980 to 2000. We examine theextent to which this growth can be...

Standard economic models which focus on pecuniary payoffs cannot explain why there arehighly able individuals who choose careers with low pecuniary returns. Therefore, financialincentives are unlikely to be effective in influencing career choices of these individuals.Based on Akerlof and Kranton...

This paper identifies several distortions which create barriers to entrepreneurship. First, inaddition to the innate entry cost, there are entry costs caused by regulation. Second, unionwage policies raise the opportunity cost of entrepreneurship...<BR>

Channeling human resources into the right occupations has historically been a key toeconomic prosperity. Occupational choices are not only driven by the material rewardsassociated with the various occupations, but also by the esteem that they confer...

This paper proposes that risk aversion encourages individuals to invest in balanced skillprofiles, making them more likely to become entrepreneurs. By not having taken this possiblelinkage into account, previous research has underestimated the impacts both of risk aversionand balanced skills on...

We often observe minority ethnic groups at a disadvantage relative to the majority. Why is this and what can be done about it? Efforts made to assimilate, and time, are two elements working to bring the minority into line with the majority. A third element, the degree to which the majority...

We introduce search unemployment à la Pissarides into Melitz’ (2003) model of trade with heterogeneous firms. We allow wages to be individually or collectively bargained and analytically solve for the equilibrium. We find that the selection effect of trade influences labor market outcomes....

Using a linked employer-employee dataset and taking the perspective of individuals rather than firms, this paper analyzes some effects of joining start-ups. We show that entrants in new firms differ from those joining incumbent firms, and we use a matching approach to compare a group of...

Econometric evaluations of public-sponsored training programmes generally find littleevidence of an impact of such policies on transition rates out of unemployment. We performthe first evaluation of training effects for the unemployed adults in France, exploiting a uniquelongitudinal dataset...

Die Arbeitsmarktreformen der letzten Jahre haben die strukturellen Anpassungsproblemedes deutschen Beschäftigungsmodells zum Teil gelindert - allerdings sind noch längst nichtalle Schwierigkeiten überwunden...