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Dual Track or Academic Route for Auditors

Jonker, Nicole; Ophem, Hans van; Hartog, Joop - Tinbergen Institute - 2002

In the Netherlands auditors can be trained in a part-time educational track in which students combine working and studying or in a full-time educational track. The former training is relatively firm-specific whereas the latter training is relatively general. Applying human capital theory, we...

Persistent link: https://www.econbiz.de/10005504888

Coordination Frictions and The Financial Crisis

Gautier, Pieter A. - Tinbergen Institute - 2009

In this note I argue that the desirability of fiscal policy in response to the current crisis depends on whether one views the current crisis as a temporary deviation from a unique equilibrium or as a bad equilibrium out of multiple equilibria. The paper presents a simple Diamond (1982) type of...

Persistent link: https://www.econbiz.de/10005209434

Strategic Wage Setting and Coordination Frictions with Multiple Applications

Gautier, Pieter A.; Moraga-González, José L. - Tinbergen Institute - 2004

where workers apply for just one job exhibits unemployment and absence of wage dispersion; (ii) an equilibrium where workers … apply for two or for more (but not for all) jobs always exhibits wage dispersion and, typically, unemployment; (iii) the … equilibrium wage distribution with a higher vacancy-to-unemployment ratio first-order stochastically dominates the wage …

Persistent link: https://www.econbiz.de/10005209482

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

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

Starting Wages Respond To Employer's Risk

Berkhout, Peter; Hartog, Joop; Ophem, Hans van - Tinbergen Institute - 2009

Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an indicator of the unobserved heterogeneity that...

Persistent link: https://www.econbiz.de/10004987443

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

Wages and the Bargaining Regime in a Corporist Setting: The Netherlands

Hartog, Joop; Leuven, Edwin; Teulings, Coen - Tinbergen Institute - 2000

In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...

Persistent link: https://www.econbiz.de/10005504963

The Effect of Immigration on Native Earnings

Zorlu, Aslan; Hartog, Joop - Tinbergen Institute - 2000

national survey of the SEO and the Population statistics of the CBS. Firstly, the direct effect of immigrants on local labour … immigrants are less skilled than natives. In the case that immigration flow is mainly composed of high skilled workers … cases, medium skilled natives are a little adversely affected by immigrants. <BR><BR> …

Persistent link: https://www.econbiz.de/10005137390

Multiple Equilibria and Minimum Wages in Labor Markets with Informational Frictions and Heterogeneous Production Technologies

Berg, Gerard J. van den - Tinbergen Institute - 1999

It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with wage setting, search frictions, and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after...

Persistent link: https://www.econbiz.de/10005281980