Showing 1 - 10 of 420
This Paper presents new estimates of the impact of job tenure on wages using a new French matched worker-firm dataset … valid instrumental variable for identifying the impact of job tenure on wages. Our new IV estimate of the return to job … relatively high wage offers tend to change firms more rapidly: they tend to have relatively high wages and low job tenure …
Persistent link: https://www.econbiz.de/10005666983
This paper investigates the effects of firm entry deregulation. We exploit a recent reform that simplified business entry in Portugal as a quasi-natural experiment. We use cross-municipality-year variation in the implementation of the reform for identification. Using matched employer-employee...
Persistent link: https://www.econbiz.de/10011083872
This paper considers an economy where skilled and unskilled workers use different technologies. The rate of improvement of each technology is determined by a profit-maximizing R&D sector. When there is a high proportion of skilled workers in the labour-force, the market for skill-complementary...
Persistent link: https://www.econbiz.de/10005504709
the wages of native-born workers in the UK. This is potentially puzzling since there is evidence that changes in the … supply of educated natives have significant effects on their wages. Using a pooled time series of British crosssectional … micro data on male wages and employment from the mid-1970s to the mid-2000s, this paper offers a resolution to this puzzle …
Persistent link: https://www.econbiz.de/10008527530
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
which log-wages are explained by two endogenous variables: the student's degree and the student's time to degree, not simply … by years of education. Log-wages are regressed on a measure of education, which is a position on a scale of certificates … parameters. We find a robust, significant and negative impact of the delay variable on wages, averaged over the first five years …
Persistent link: https://www.econbiz.de/10005498114
on some characteristics observed by the student, under the combined risks affecting future wages and schooling duration …
Persistent link: https://www.econbiz.de/10005123629
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10005067578
Using data for the 1990s, this Paper examines the role of sheepskin effects in the returns to education for Japan. Our … the US. These results could be explained by the particular recruitment system of large firms in Japan, which makes the …
Persistent link: https://www.econbiz.de/10005656206
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