Showing 1 - 10 of 13
We evaluate the effects of high school exit exams on high school graduation, incarceration, employment and wages. We construct a state/graduation-cohort dataset using the Current Population Survey, Census and information on exit exams. We find relatively modest effects of high school exit exams...
Persistent link: https://www.econbiz.de/10010671798
We address the ordinality of test scores by rescaling them by the average eventual educational attainment of students with a given test score in a given grade. We show that measurement error in test scores causes this approach to underestimate the black-white test score gap and use an...
Persistent link: https://www.econbiz.de/10010678467
Although both economists and psychometricians typically treat them as interval scales, test scores are reported using ordinal scales. Using the Early Childhood Longitudinal Study and the Children of the National Longitudinal Survey, we examine the effect of order-preserving scale transformations...
Persistent link: https://www.econbiz.de/10011188570
We use a unique sample of Russian immigrants and natives in Israel to examine the return to English knowledge. In cross …-section estimates there is a significant return to English knowledge for both immigrants and natives with high levels of education … explained by factors other than language acquisition. These results are confirmed using panel data on wages and knowledge of …
Persistent link: https://www.econbiz.de/10005829413
In this paper we compare the labor market performance of Israeli students who graduated from one of the leading universities, Hebrew University (HU), with those who graduated from a professional undergraduate college, College of Management Academic Studies (COMAS). Our results support a model in...
Persistent link: https://www.econbiz.de/10008804666
We develop a model demonstrating conditions under which firms will invest in the general training of their workers, and show that firms’ incentives to invest in general training are increasing in task complexity. Workers’ heterogeneous observable innate ability affects the variety of tasks...
Persistent link: https://www.econbiz.de/10005791505
This paper looks at the effect of quitting on the number of workers trained under conditions of uncertainty about future productivity when workers have both firm-specific and industry-specific skills. A new effect is found which works in the opposite direction to the undertraining result of...
Persistent link: https://www.econbiz.de/10005124034
This paper derives a model in which workers have firm-specific and industry-specific skills, and in each period there is a non-zero probability that a worker quits. This makes the private discount factor, used by firms in making decisions about hiring and training new workers and firing existing...
Persistent link: https://www.econbiz.de/10005124399
We investigate two dimensions of investment in general human capital on-the-job: the number of workers trained and the intensity of training for each worker. In the benchmark case, we consider wage and training decisions made by firms in an imperfectly competitive labour market. The benchmark...
Persistent link: https://www.econbiz.de/10005498000
This Paper provides microfoundations for wage compression by modelling wage-setting in a world of heterogeneous workers and firms. Workers are differentiated by observable innate ability. A high-ability worker confers on a firm an externality, since their ability raises the average level of...
Persistent link: https://www.econbiz.de/10005504764