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Introducing time-to-educate in a job search model
Becker, Sascha O. - 2005
market. At the same time, education is a time-consuming process, and enrolment and dropout decisions depend on expected … in finding a job. Standard models of job search and education assume that skills can be upgraded instantaneously (and … mostly in the form of on-the-job training) at a fixed cost. This paper models education as a time-consuming process, a …
Persistent link: https://www.econbiz.de/10010261362
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Why go to France or Germany, if you could as well go to the UK or the US?: selective features of immigration to four major OECD countries
Geis, Wido; Uebelmesser, Silke; Werding, Martin - 2008
Building on a new data set which is combined from national micro-data bases, we highlight differences in the structure of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all immigrants to the OECD world. Looking at immigrants by source...
Persistent link: https://www.econbiz.de/10010264459
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Understanding Firms' Inflation Expectations Using the Bank of Canada's Business Outlook Survey
Richards, Simon; Verstraete, Matthieu - 2016
Inflation expectations are a key determinant of actual and future inflation and thus matter for the conduct of monetary policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada's Business Outlook Survey, spanning the 2001 to 2015...
Persistent link: https://www.econbiz.de/10011555532
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Is a Minimum Wage an Appropriate Instrument for Redistribution?
Gerritsen, Aart; Jacobs, Bas - 2014
We analyze the redistributive (dis)advantages of a minimum wage over income taxation in competitive labor markets. A minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low-skilled workers. A simple condition based on three sufficient...
Persistent link: https://www.econbiz.de/10010333378
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The Policy Drivers of Self-Employment: New Evidence from Europe
Mourougane, Annabelle; Égert, Balázs; Baker, Mark; … - 2020
Using cross-country time series panel regressions for the last two decades, this paper seeks to identify the main policy and institutional factors that explain the share of self-employment across European countries. It looks at the aggregate share of self-employed as well as its breakdown by...
Persistent link: https://www.econbiz.de/10012425686
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The Policy Drivers of Self-Employment : New Evidence from Europe
Mourougane, Annabelle; Égert, Balázs; Baker, Mark; … - 2021
Using cross-country time series panel regressions for the last two decades, this paper seeks to identify the main policy and institutional factors that explain the share of self-employment across European countries. It looks at the aggregate share of self-employed as well as its breakdown by...
Persistent link: https://www.econbiz.de/10013314762
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Returns to Skills around the World: Evidence from PIAAC
Hanushek, Eric A.; Schwerdt, Guido; Wiederhold, Simon; … - 2014
Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...
Persistent link: https://www.econbiz.de/10010333387
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Are There No Wage Returns to Compulsory Schooling in Germany? A Reassessment
Cygan-Rehm, Kamila - 2021
This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and von Wachter (Review of Economics and Statistics, 90(3), 592-598), which is unusual in the literature yet widely cited and until now uncontradicted. I document that this finding...
Persistent link: https://www.econbiz.de/10012599234
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Optimal Redistribution in the Presence of Signaling
Bastani, Spencer; Blumkin, Tomer; Micheletto, Luca - 2021
We analyze optimal redistribution in the presence of labor market signaling where innate productive ability is not only unobserved by the government, but also by prospective employers. Signaling in both one and two dimensions is considered, where in the latter case firms have an informational...
Persistent link: https://www.econbiz.de/10012657916
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Nonlinear Taxation of Income and Education in the Presence of Income-Misreporting
Bastani, Spencer; Gahvari, Firouz; Micheletto, Luca - 2022
We study the joint design of nonlinear income and education taxes when the government pursues redistributive objectives … education. Market remuneration of agents depends on both their innate ability type and their educational choices. Our focus is … on income and education and shed light on the reasons for it and mechanisms through which it is done. We show how and why …
Persistent link: https://www.econbiz.de/10013470246