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A macroeconomic model for the evaluation of labor market reforms

Krebs, Tom; Scheffel, Martin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …

Persistent link: https://www.econbiz.de/10008646450

Ethnic Concentration and Human Capital Formation

Graaff, Thomas de; Groot, Henri L.F. de - Tinbergen Institute - 2004

Concentration of immigrants and its associated externalities have become an important topic in contemporary … externalities created by the influx of immigrants. Second, it presents a stylized model in which human capital accumulation and …

Persistent link: https://www.econbiz.de/10005137380

What attracts human capital? Understanding the skill composition of interregional job matches in Germany

Arntz, Melanie - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2006

unemployment. Simulating job matching patterns in a scenario of economic convergence between eastern and western Germany …

Persistent link: https://www.econbiz.de/10005098225

Returns for Entrepreneurs versus Employees: The Effect of Education and Personal Control on the Relative Performance of Entrepreneurs vis-à-vis Wage Employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - Tinbergen Institute - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...

Persistent link: https://www.econbiz.de/10008513241

Wage Dispersion in Russia

Grogan, L.A. - Tinbergen Institute - 1997

This paper examines the extent to which human capital theory can explain observed wage differentials in the Russian Federation. Wage and income dispersion have increased markedly in Russia in the six years since the transition began. Some studies conclude that this is an indicator that Russian...

Persistent link: https://www.econbiz.de/10005137056

Risk Sharing in Labour Markets

Bigsten, Arne; Collier, Paul; Dercon, Stefan; … - Tinbergen Institute - 2003

Empirical work in labour economics has focused on rent sharing as an explanation for the observed correlation in cross-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested. Using a unique panel data set for four...

Persistent link: https://www.econbiz.de/10005137118

Age-dependent Skill Formation and Returns to Education

Pfeiffer, Friedhelm; Reuß, Karsten - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

In this study, we try to connect the economic literature on human capital formation with findings from neurobiology and psychology on early childhood development and self-regulation. Our basic framework for assessing the distribution of agespecific returns to investment in skills is an...

Persistent link: https://www.econbiz.de/10005097739

The Welfare Effects of Discrimination in Insurance

Noll, Rob van der - Tinbergen Institute - 2006

side. We use the model to investigate the welfare effects of discrimination (also known as risk selection). We postulate … find that aggregate surplus decreases when risk aversion is high. When risk aversion is low however, discrimination …

Persistent link: https://www.econbiz.de/10005137362