Showing 1 - 10 of 17
This paper estimates the economic returns to education in China from 1989 to 2009, using the China Health and Nutrition Survey (CHNS) dataset. We find that education returns for one additional year generally increase from 2.6% in 1989 to 7.9% in 2009. Education returns, however, may reflect...
Persistent link: https://www.econbiz.de/10011258797
For nearly four decades now, the conventional wisdom has been that the migration of human capital (skilled workers) from a developing country to a developed country is detrimental to the developing country. However, this perception need not hold. A well designed migration policy can result in a...
Persistent link: https://www.econbiz.de/10009021969
Quite often, migrants appear to exert little effort to absorb the mainstream culture and to learn the language of their host society, even though the economic returns (increased productivity and enhanced earnings) to assimilation are high. We show that when interpersonal comparisons affect...
Persistent link: https://www.econbiz.de/10009021976
This paper investigates the impact of training and education on productivity, in particular linking to a literature that emphasizes the need to reorganise production following adoption of ICT. The paper examines training at the total economy level and variation across industries, focusing...
Persistent link: https://www.econbiz.de/10011108038
This paper presents new data series designed to yield a more complete picture of the growth in average skill levels embedded in the EU workforce, comparing with competitor countries such as the US and China. Harmonised data from EU surveys are employed to extend coverage in existing databases to...
Persistent link: https://www.econbiz.de/10011108113
This paper examines the effect of shifts in the relative supply and demand of skills on the skill premiums and wage …
Persistent link: https://www.econbiz.de/10011110002
This paper examines effects of the formation of physical and human capital on the growth of labour productivity, Total Factor Productivity (TFP) and wages in China, incorporating the market reform factors such as ownership shifts, population policy, openness and fiscal expenditures on education....
Persistent link: https://www.econbiz.de/10011113236
This paper aims to investigate the cyclical changes in the wage structure of the United Kingdom over the period 1972 …-2002 using the General Household Survey (GHS). Wage structure of the UK shows a cyclical pattern, which may be from the different … wage cyclicality of the top, middle and bottom percentile groups. Higher educated male workers have experienced a faster …
Persistent link: https://www.econbiz.de/10011113960
We analyze the impact on a firm’s profits and optimal wage rates, and on the distribution of workers’ earnings, when … workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … deprivation is to increase the optimal level of effort. Consequently, the firm’s profits are higher, its wage rates remain …
Persistent link: https://www.econbiz.de/10008855240
This paper develops a model of voluntary migration into degrading work. The essence of the model is a tension between two “bads:” that which arises from being relatively deprived at home, and that which arises from engaging in humiliating work away from home. Balancing between these two...
Persistent link: https://www.econbiz.de/10008855250