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Prat, Julien - Institute for the Study of Labor (IZA) - 2014

This paper studies the design of optimal contracts in dynamic environments where agents learn by doing. We derive a condition under which contracts are fully incentive compatible. A closed-form solution is obtained when agents have CARA utility. It shows that human capital accumulation...

Persistent link: https://www.econbiz.de/10010744663

Booth, Alison L.; Francesconi, Marco; Zoega, Gylfi - Institute for the Study of Labor (IZA) - 2003

Using data from the British Household Panel Survey from 1991 to 1996, the authors investigate the impact of union coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men. Relative to uncovered workers, union-covered men are...

Persistent link: https://www.econbiz.de/10005703720

Mincer's Overtaking Point and the Lifecycle Earnings Distribution

Polachek, Solomon W. - Institute for the Study of Labor (IZA) - 2003

In 1958 Jacob Mincer pioneered an important approach to understand earnings distribution. In the years since Mincer’s seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array of observations pertaining...

Persistent link: https://www.econbiz.de/10005763627

Arulampalam, Wiji; Booth, Alison L.; Bryan, Mark L. - Institute for the Study of Labor (IZA) - 2002

In this paper we use important new training and wage data from the British Household Panel Survey to estimate the impact of the national minimum wage (introduced in April 1999) on the work-related training of low-wage workers. We use two ‘treatment groups’ for estimating the impact of the...

Persistent link: https://www.econbiz.de/10005763780

Wages, Training and Job Turnover in a Search-Matching Model

Rosholm, Michael; Svarer, Michael - Institute for the Study of Labor (IZA) - 2000

In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen (2000) to allow for different offer arrival rates in employment and unemployment. The model by Mortensen changes the original wage posting model (Burdett and Mortensen, 1998) in...

Persistent link: https://www.econbiz.de/10005763783

Are Immigrants Favorably Self-Selected? An Economic Analysis

Chiswick, Barry R. - Institute for the Study of Labor (IZA) - 2000

the primary focus is on international migration, reference is made to internal migration and return migration. The … favorable selectivity is more intense the greater the out-of-pocket (direct) costs of migration and return migration, the … greater the effect of the higher level of ability on lowering the costs of migration, and the smaller the relative skill …

Persistent link: https://www.econbiz.de/10005247704

A "Glass-Ceiling" Effect for Immigrants in the Italian Labour Market?

Dell'Aringa, Carlo; Lucifora, Claudio; Pagani, Laura - Institute for the Study of Labor (IZA) - 2012

This paper investigates earnings differentials between immigrants and natives. We focus on returns and on the (imperfect) international transferability of human capital. Data are drawn from the 2009 Italian Labour Force Survey (LFS). We show that returns to human capital are considerably lower...

Persistent link: https://www.econbiz.de/10010550304

Earnings Progression, Human Capital and Incentives: Theory and Evidence

Frederiksen, Anders - Institute for the Study of Labor (IZA) - 2010

The career prospects of newly recruited employees differ substantially within an organization. The stars experience a considerable growth in earnings; others can hardly maintain their entry salaries. This article sheds light on the mechanisms generating the observed heterogeneity in earnings...

Persistent link: https://www.econbiz.de/10008457150

Long Term Earnings Inequality, Earnings Instability and Temporary Employment in Spain: 1993–2000

Cervini, María; Ramos, Xavi - Institute for the Study of Labor (IZA) - 2008

This paper provides a longitudinal perspective on changes in Spanish male earnings inequality for the period 1993-2000, by decomposing the earnings covariance structure into its permanent and transitory parts. According to the Spanish sample of the European Community Household Panel,...

Persistent link: https://www.econbiz.de/10005822488

Earnings Instability and Tenure

Cappellari, Lorenzo; Leonardi, Marco - Institute for the Study of Labor (IZA) - 2006

This paper develops a tractable empirical approach to estimate the effect of on-the-job tenure on the permanent and the transitory variance of earnings. The model is also used to evaluate earnings instability associated with fixed-term contracts (short-tenure contracts) in Italy. Our results...

Persistent link: https://www.econbiz.de/10005700940

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