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Persistent link: https://www.econbiz.de/10000349253
In this paper, we survey non-competitive theories of training. With competitive labor markets, firms never pay for investments in general training, whereas when labor markets are imperfect, firm-sponsored training arises as an equilibrium phenomenon. We discuss a variety of evidence which...
Persistent link: https://www.econbiz.de/10012472074
This paper examines educational earnings differentials in Canada in the 1980s and compares changes in differentials to those in the United States. Our major finding is that the college/high school differential increased much less in Canada than in the United States. We also find that within...
Persistent link: https://www.econbiz.de/10012475166
A simplified model is constructed to analyze the role played by vocational training programs In high schools. The model assumes that there are two kinds of educational programs in high schools, vocational and general. It also assumes that there are two types of jobs for high school graduates....
Persistent link: https://www.econbiz.de/10012478659
Career technical education (CTE) programs at community colleges are increasingly seen as an attractive alternative to four-year colleges, yet little systematic evidence exists on the returns to specific certificates and degrees. We estimate returns to CTE programs using administrative data from...
Persistent link: https://www.econbiz.de/10012457529
Persistent link: https://www.econbiz.de/10013480800
This paper presents new tests of the permanent income hypothesis and other widely used models of household behavior using data from the labor market. We estimate the "excess sensitivity" of job search behavior to cash-on-hand using sharp discontinuities in eligibility for severance pay and...
Persistent link: https://www.econbiz.de/10012466022
We build a model where firm size is a source of labor market power. The key mechanism is that a granular employer can eliminate its own vacancies from a worker's outside option in the wage bargain. Hence, a granular employer does not compete with itself. We show how wages depend on employment...
Persistent link: https://www.econbiz.de/10012480183
This paper decomposes the participation process of a prototypical program into eligibility, awareness, application, acceptance and enrollment. With this decomposition, we determine the sources of unequal participation for different groups, and demonstrate that variables often have very different...
Persistent link: https://www.econbiz.de/10012468880
This paper investigates the economics of pauper apprenticeship in antebellum Maryland and several results emerge. Contrary to some earlier interpretations, the system did not arbitrarily indent poor children. Court officials negotiated contracts that reflected an apprentice's productivity;...
Persistent link: https://www.econbiz.de/10012468946