Showing 1 - 10 of 16
Graduates from Science, Technology, Engineering, and Mathematics (STEM) are usually found to have higher wages and a … characteristics, such as ability. Using data on German male graduates we show that unobserved heterogeneity indeed matters for … differences in the risk of overqualification and wages when STEM graduates are compared to the Business & Law group, while it …
Persistent link: https://www.econbiz.de/10010957739
tertiary education or cognitive skills. This paper is based on a large and representative graduate survey of graduates in the …
Persistent link: https://www.econbiz.de/10010957751
Using a Mincer-type wage function, we estimate cohort effects in the returns to education for West German workers born between 1925 and 1974. The main problem to be tackled in the specification is to separately identify cohort, experience, and possibly also age effects in the returns. For women,...
Persistent link: https://www.econbiz.de/10005097724
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
On the basis of a theoretical model, we argue that higher aggregate unemployment affects individual returns to education. We therefore include aggregate unemployment and an interaction term between unemployment and the individual education level in a standard Mincer equation. Our results show...
Persistent link: https://www.econbiz.de/10005098068
This paper analyses the determinants of participation in higher education in West Germany. In particular, the role of social origin as well as of expectations regarding the labour market outcome of a higher education degree and of public educational policy are examined. The estimations are based...
Persistent link: https://www.econbiz.de/10005098073
is found for the effect of gender and cohort. …
Persistent link: https://www.econbiz.de/10005098074
private than in the public sector. Our test results show that, contrary to the public sector, there are no gender differences …
Persistent link: https://www.econbiz.de/10005097547
Collective bargaining in Germany takes place either at the industry level or at the firm level; collective bargaining coverage is much higher than union density; and not all employees in a covered firm are necessarily covered. This institutional setup suggests to explicitly distinguish union...
Persistent link: https://www.econbiz.de/10005097975
At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled- biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10005097995