Showing 1 - 10 of 577
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour market experience and increase with initially...
Persistent link: https://www.econbiz.de/10005666574
This Paper describes the changes in the composition of the labour force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage...
Persistent link: https://www.econbiz.de/10005656354
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
There is a considerable empirical literature which compares wage levels of workers who have studied at secondary vocational schools with wages of workers who took academic schooling. In general, vocational education does not lead to higher wages. In some countries where labour markets are...
Persistent link: https://www.econbiz.de/10005123991
We examine how within-firm skill premia–wage differentials associated with jobs involving different skill requirements–vary both across firms and over time. Our firm-level results mirror patterns found in aggregate wage trends, except that we find them with regard to increases in firm size....
Persistent link: https://www.econbiz.de/10011145472
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10011084040
Economists have long viewed recessions as contributing to increasing inequality. This conclusion is largely based on data from a period in which inequality was increasing over time, however. This Paper examines the connection between long-run trends and cyclical variation in earnings inequality....
Persistent link: https://www.econbiz.de/10005666956
a positive relationship between wage and tenure. It is shown that the standard model does not in fact predict such a …
Persistent link: https://www.econbiz.de/10005504373
need not reflect the `true' relationship between earnings and tenure. In this paper we argue that the observation of the …. Under certain assumptions, this information can be used to construct an unbiased estimator of the effects of tenure on … earnings growth. We apply this simple idea to Japanese and UK data. We find that tenure effects on earnings are positive but …
Persistent link: https://www.econbiz.de/10005791889
In this paper we evaluate quantitatively the impact of mass emigration from Ireland between the 1850s and the first World War on Irish real wages. We produce new estimates for several occupations which show that, contrary to some accounts, real wage growth in Ireland was respectable by...
Persistent link: https://www.econbiz.de/10005666710