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This paper reviews current issues in youth labour markets in developed countries. It argues that young people aged 16-25 have been particularly hard hit during the current recession. Using the USA and UK as cast studies, it analyses both causes and effects of youth unemployment using micro-data....
Persistent link: https://www.econbiz.de/10008543262
workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be … granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates …
Persistent link: https://www.econbiz.de/10005247692
There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates … supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate … that the employment of graduates in non-graduate jobs has declined over time. Hence, there is no evidence of an over …
Persistent link: https://www.econbiz.de/10005703371
climate of employment relations and union effects on employment growth. …
Persistent link: https://www.econbiz.de/10005763571
We use a random effects dynamic probit model to estimate the effect of overskilling dynamics on wages. We find that … a manner that is inversely related to educational level. Yet, the wages of university graduates are reduced more by past …
Persistent link: https://www.econbiz.de/10010959765
There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates … supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate …
Persistent link: https://www.econbiz.de/10010959781
The interpretation of graduate mismatch manifested either as overeducation or as overskilling remains problematical. This paper uses annual panel information on both educational and skills mismatches uniquely found in the HILDA survey to analyse the relationship of both mismatches with pay, job...
Persistent link: https://www.econbiz.de/10008548720
In this paper, we estimate the rate of return to first degrees, masters degrees and PhDs in Britain using data from the Labour Force Survey. We estimate returns to broad subject groups and more narrowly defined disciplines, distinguishing returns by gender and attempting to control for...
Persistent link: https://www.econbiz.de/10005566401
’s theoretical framework: (i) wages are higher in states with more generous unemployment benefits, (ii) the perceived probability of …
Persistent link: https://www.econbiz.de/10005566432
Between 1990/91 and 2000/01 the number of male undergraduates in Britain increased by over one-third while the number of female undergraduates has increased nearly twofold. Given this substantial increase in supply we would expect some impact on the wage premium for recent graduates unless...
Persistent link: https://www.econbiz.de/10005566573