Narrow search
Showing 1 - 10 of 546
Cover Image
The Returns to Seniority in France (and Why are They Lower than in the United States?)
Beffy, Magali; Buchinsky, Mosche; Fougère, Denis; … - C.E.P.R. Discussion Papers - 2006
We estimate a model of the joint participation and mobility along with the individuals' wage formation in France. Our model makes it possible to distinguish between unobserved person heterogeneity and state-dependence. We estimate the model using state of the art Bayesian methods employing a...
Persistent link: https://www.econbiz.de/10005123576
Cover Image
Wages, Experience and Seniority
Dustmann, Christian; Meghir, Costas - C.E.P.R. Discussion Papers - 1999
This paper develops and estimates a human capital model of wage growth based on learning by doing. Learning by doing rates are assumed to be heterogeneous and firms offer different career structures in terms of the rate of acquisition of firm specific human capital. The model is estimated using...
Persistent link: https://www.econbiz.de/10005136649
Cover Image
Risk Aversion and Human Capital Investment: A Structural Econometric Model
Brodaty, Thomas; Gary-Bobo, Robert J.; Prieto, Ana - C.E.P.R. Discussion Papers - 2006
We propose to model individual educational investments as a rational decision, maximizing expected utility, conditional on some characteristics observed by the student, under the combined risks affecting future wages and schooling duration. Assuming that students' attitudes toward risk can be...
Persistent link: https://www.econbiz.de/10005123629
Cover Image
Unemployment and Increasing Returns to Human Capital
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994
This paper studies a model of human capital accumulation with real wage rigidity. It is shown that the arbitrage condition between hiring a skilled versus an unskilled worker may be stated as a positive relationship between their relative unemployment rates. It may be the case that this locus is...
Persistent link: https://www.econbiz.de/10005124159
Cover Image
Career Progression and Formal versus On-the-Job Training
Adda, Jérôme; Dustmann, Christian; Meghir, Costas; … - C.E.P.R. Discussion Papers - 2007
We develop a dynamic discrete choice model of training choice, employment and wage growth, allowing for job mobility …
Persistent link: https://www.econbiz.de/10005124058
Cover Image
Human Capital and the Future of Transition Economies
Spagat, Michael - C.E.P.R. Discussion Papers - 2002
Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of their family backgrounds and invest substantially in their...
Persistent link: https://www.econbiz.de/10005124062
Cover Image
Birth Order and Sibship Sex Composition as Instruments in the Study of Education and Earnings
Gary-Bobo, Robert J.; Picard, Natalie; Prieto, Ana - C.E.P.R. Discussion Papers - 2006
This paper presents an empirical study of birth-order and sibship sex-composition effects on educational achievement, and uses these variables as instruments to estimate returns to education, with the help of a rich set of individual data. Our sample includes more than 12,000 men and 10,000...
Persistent link: https://www.econbiz.de/10005124292
Cover Image
The Hazards of Doing a PhD: An Analysis of Completion and Withdrawal Rates of British PhDs in the 1980s
Booth, Alison L; Satchell, Stephen E - C.E.P.R. Discussion Papers - 1993
The paper examines UK PhD completion and withdrawal rates, in a competing risks framework, using the 1986 National Survey of 1980 Graduates. The statistical problem of thresholding of completion data is also addressed. We argue that our results suggest that there are problems with the use of PhD...
Persistent link: https://www.econbiz.de/10005504491
Cover Image
The Public Pay Gap in Britain: Small Differences That (Don’t?) Matter
Postel-Vinay, Fabien; Turon, Hélène - C.E.P.R. Discussion Papers - 2005
care about income and job mobility too. We show that these are substantially different between the two sectors. Using data … heterogeneity in the propensity to be unemployed or employed in either job sector and in terms of the income process. We then … job mobility into account, the lifetime public premium is essentially zero for workers that we categorize as "high …
Persistent link: https://www.econbiz.de/10005136597
Cover Image
Apprenticeships and Job Tenure: A Competing Risks Model with Time-varying Covariates
Booth, Alison L; Satchell, Stephen E - C.E.P.R. Discussion Papers - 1993
The paper examines the extent of apprenticeships in the first job for a cohort of young men entering the labour market … private sectors. Competing risks models of the hazards of exit from the first job into a number of competing destinations are …
Persistent link: https://www.econbiz.de/10005136614