Showing 1 - 10 of 47
attainment amongst British women. In particular, the relative importance of structural factors and unobserved heterogeneity to …
Persistent link: https://www.econbiz.de/10005566351
We estimate selection and sorting effects on the evolution of the private return to schooling for college graduates during China’s between 1988 and 2002. We pay special attention to the changing role of sorting by ability versus budget-constraint effects as China’s education policy has...
Persistent link: https://www.econbiz.de/10005566787
entrepreneurial skills is proposed. It is possible to characterize both the competitive equilibrium and the optimal solution numerically. The competitive equilibrium is shown to be suboptimal. Less-skilled workers and firms are too selective, not matching with their comparable counterparts....
Persistent link: https://www.econbiz.de/10005761952
justifies the application of a matching estimator but also allows to take account of threefold heterogeneity. The recently … heterogeneity. The results show considerable differences with respect to these sources of heterogeneity, but the overall finding is …
Persistent link: https://www.econbiz.de/10005762428
panel data from twelve European countries. Introducing both intercept and slope heterogeneity into this relationship, we …
Persistent link: https://www.econbiz.de/10005763608
as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the …
Persistent link: https://www.econbiz.de/10005763619
transition from one grade level to the next with observed and unobserved heterogeneity, and ii) a flexible version of the … celebrated Mincerian wage regression with skill heterogeneity, non-linearity in schooling, non-separability between the effects … conditioning on unobserved and observed skills. Skill heterogeneity is also found to be over-estimated when non-linearity is …
Persistent link: https://www.econbiz.de/10005763735
ignoring heterogeneity due to the individual effects, using Monte Carlo experiments. In addition, we check the performance of …
Persistent link: https://www.econbiz.de/10005030892
This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First, we find that household characteristics explain about...
Persistent link: https://www.econbiz.de/10005015462
We apply a semi-parametric latent variable model to estimate selection and sorting effects on the evolution of private returns to schooling for college graduates during China’s reform between 1988 and 2002. We find that there were substantial sorting gains under the traditional system, but...
Persistent link: https://www.econbiz.de/10005703075