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overeducation and a wage reward for undereducation, and further predicts that the wage penalty will exceed the wage reward. This … theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and … undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers …
Persistent link: https://www.econbiz.de/10011257366
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/10011257420
This discussion paper resulted in a publication in the 'International Small Business Journal' (2013). Volume 31, issue 1, pages 23-33.<P> Education is argued to be an important driver of the decision to start a business. The measurement of its influence, however, is difficult since it is considered...</p>
Persistent link: https://www.econbiz.de/10011257474
Availability of (partial) insurance mechanisms is arguably important for the decision of (riskaverse) workers to start up a risky entrepreneurial venture. Using administrative data from Denmark, where unemployment insurance (UI) is available to both wage earners and self-employed on a voluntary...
Persistent link: https://www.econbiz.de/10011255609
We consider a new copula method for mixed marginals of discrete and continuous random variables. Unlike the Bayesian methods in the literature, we use maximum likelihood estimation based on closed-form copula functions. We show with a simulation that our methodology performs similar to the...
Persistent link: https://www.econbiz.de/10011255720
This discussion paper resulted in a publication in the 'Journal of the Royal Statistical Society', Series A, 2011, 174, 639–664.<P> Reliance on self-rated health to proxy medical need can bias estimation of education-related inequity in health care utilisation. We correct this bias both by...</p>
Persistent link: https://www.econbiz.de/10011256136
We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
Persistent link: https://www.econbiz.de/10011256235
This discussion paper led to a publication in <A href="http://jhr.uwpress.org/content/46/4/875.short">'The Journal of Human Resources'</A>.<p>Anchoring vignettes are increasingly used to identify and correct heterogeneity in the reporting of health, work disability, life satisfaction, political efficacy, etc. with the aim of improving interpersonal...</p></a>
Persistent link: https://www.econbiz.de/10011256357
We propose a consistent utility-based framework to jointly explain a household's decisions on purchase incidence, brand choice and purchase quantity. The approach differs from other approaches, currently available in the literature, as it is able to take into account consumption dynamics. In the...
Persistent link: https://www.econbiz.de/10011256387
Accepted for the <I>Journal of the Royal Statistical Society Series A</A> (2014).<P> Attack and defense strengths of football teams vary over time due to changes in the teams of players or their managers. We develop a statistical model for the analysis and forecasting of football match results which are...</p></i>
Persistent link: https://www.econbiz.de/10011257186