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This paper examines the parallel trends in education and labour market developments in Australia and Britain. It uses … Australia, but the wage penalty associated with overskilling increases with education. Although the general patterns of … overskilling (prevalence and penalties) are fairly similar between Australia and Britain, the problem appears to be greater in …
Persistent link: https://www.econbiz.de/10005233778
We study the work hours of Australian couples, using a neoclassical labour-supply model in which couples choose from a small, realistic set of possible wife-husband working hour combinations We introduce three improvements to this standard model. First, we allow partners' preferences about...
Persistent link: https://www.econbiz.de/10005763781