Showing 1 - 10 of 13
Recent studies have used quantile regression (QR) techniques to estimate the impact of education on the location, scale …
Persistent link: https://www.econbiz.de/10004977288
affects children left behind in terms of their school attendance, household expenditures on education, and nonhousework labour … attendance or education-related household expenditures. …
Persistent link: https://www.econbiz.de/10008490575
the labour market and underinvestment in education. A central insight is that the ex-post participation decision of … workers endogenously generates increasing marginal returns to education. Although equilibrium implies underinvestment in … education, optimal policy is not to subsidise education. Instead it is to subsidise labour market participation which we argue …
Persistent link: https://www.econbiz.de/10005086503
This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function. In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment...
Persistent link: https://www.econbiz.de/10005086511
the labour market and underinvestment in education. A central insight is that the ex-post participation decision of … workers endogenously generates increasing marginal returns to education. Although equilibrium implies underinvestment in … education, optimal policy is not to subsidise education. Instead it is to subsidise labour market participation which we argue …
Persistent link: https://www.econbiz.de/10010607726
This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function. In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment...
Persistent link: https://www.econbiz.de/10010607772
In 2003, part-time employment in Australia accounted for over 42% of the Australian female workforce, nearly 17% of the male workforce, and represented 28% of total employment. Of the OECD countries, only the Netherlands has a higher proportion of working women employed part-time and Australia...
Persistent link: https://www.econbiz.de/10004968005
British workers. We therefore suggest that the minimum wage has the potential to reduce wages inequality in the longer …
Persistent link: https://www.econbiz.de/10004971373
We use new training data from waves 3-6 of the Household, Income and Labour Dynamics in Australia Survey to investigate the training and wages of full-time men. We explore the extent to which the data are consistent with the predictions of human capital theory or with recent alternative theories...
Persistent link: https://www.econbiz.de/10004971374
increasing returns to education at the labor market participation margin, and that these depend directly on the elasticity of … labor supply with respect to wages. Thus the increasing returns to education problem will be most relevant for women or …
Persistent link: https://www.econbiz.de/10004977262