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skills into occupations prevents credible identification of polarization’s effect on wages. I solve the selection …-bias problem by studying the changes in returns to occupation-specific skills instead of the changes in occupational wages using …-determined test scores, which predict occupational sorting and thus measure relative occupation-specific skills. My estimation …
Persistent link: https://www.econbiz.de/10010745842
. Disaggregation by gender is necessary. Endogeneity of participation levels with respect to unemployment is treated in two ways, by … unemployment cannot be rejected. …
Persistent link: https://www.econbiz.de/10010744859
procyclical unemployment and a positively-sloped Beveridge curve. This paper presents a calibrated model which does indeed … generate countercyclical unemployment and a negatively-sloped Beveridge curve despite the presence of a participation margin. …
Persistent link: https://www.econbiz.de/10010745347
I examine the dynamic evolutions of unemployment, hours of work and the service share since the war in the United … that the very low unemployment in Europe in the 1960s was due to the high productivity growth associated with technological …
Persistent link: https://www.econbiz.de/10010746048
in Kyrgyzstan, who cumulated a high risk of being unemployed, of remaining longer in unemployment, of being discouraged …
Persistent link: https://www.econbiz.de/10011125996
genuinely over-educated graduates principally lack non-academic skills such as management and leadership. Additionally, genuine … over-education increases unemployment by three months but has no impact of the number of jobs held. Individual unobserved …
Persistent link: https://www.econbiz.de/10010745327
Entrepreneurs are believed to be the ultimate engine of modern economic systems. Yet, the study of entrepreneurship suffers from the lack of consensus on the most crucial question: what makes an entrepreneur? A recent theory developed by Edward Lazear suggests that individuals mastering a...
Persistent link: https://www.econbiz.de/10010746173
This paper analyses participation in postgraduate higher education in the UK at the micro-level makes several contributions to the literature. Firstly, it describes trends in postgraduate participation in the UK. Secondly, it introduces a hitherto unavailable dataset of postgraduate tuition fees...
Persistent link: https://www.econbiz.de/10011126604
The skill gap in geographical mobility is entirely driven by workers who report moving for a new job. A natural explanation lies in the large expected surplus accruing to skilled job matches. Just as large surpluses ease the frictions which impede job search in general, they also help overcome...
Persistent link: https://www.econbiz.de/10011206867
We study substitutions between home and market production over long periods of time. We use the results to get predictions about long-run trends in aggregate market hours of work and about employment shifts across economic sectors, driven by uneven TFP growth in market and home production. The...
Persistent link: https://www.econbiz.de/10010884523