The estimation of the economic return to education has perhaps been one of the predominant areas of analysis in applied economics for over 50 years. In this short note we consider some of the recent directions taken by the literature, and also some of the blockages faced by both science and...

This study investigates the determinants and motives of professionals who change career to vocational teaching. The framework for this study is the Swiss vocational education system, which requires that teachers of vocational subjects must have a prior career in that specific field. Thus, to...

Seit mehreren Jahren stagniert die Zahl der Langzeitarbeitslosen in Deutschland bei etwa einer Million. Trotz hervorragender Arbeitsmarktlage liegt die Langzeitarbeitslosenquote weiter über dem OECD-Länderdurchschnitt. Das mit der Hartz IV-Reform des Jahres 2005 umgesetzte Prinzip des...

Using panel data from a large sample of Canadian establishments, this paper examines whether employee earnings increase, decrease, or do not change in the period subsequent to adoption of profit sharing, relative to establishments that do not adopt profit sharing. Our research contributes to...

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This is reflected in immigration policies and many developed countries have created special visas and entry requirements in an attempt to attract immigrant entrepreneurs. Not...

Die deutsche Bundesregierung plant die Einführung eines flächendeckenden Mindestlohns. Dieser Beitrag fasst die vorliegenden nationalen und internationalen Erfahrungen mit Mindestlöhnen zusammen. Er analysiert dabei die Konsequenzen für Beschäftigung und Einkommensverteilung und legt eine...

Der Beitrag geht auf die Kabinettsfassung des Mindestlohngesetzentwurfs ein. Trotz einiger richtiger Nachjustierungen – wie zum Beispiel die Einführung einer Evaluationsklausel – bleibt der Mindestlohn ein arbeitsmarktpolitisches Großexperiment. Um die Flurschäden am Arbeitsmarkt...

This paper presents a short overview of dynamic models of labor markets with transaction costs. It shows that these models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage formation. It argues that this renewal provides a very...

Swedish labor market programs appear large from an international perspective, yet their consequences are not fully investigated and understood. In this paper we estimate a switching regression model with training effect modeled as a random coefficient, partitioned in an observed and unobserved...

This paper quantifies the long-run impact of exposure to youth minimum wages and sheds light on its mechanisms. It uses remarkable longitudinal data spanning for twenty years and explores legislative changes that define groups of teenagers exposed for different durations. After controlling for...