Showing 1 - 10 of 1,039
A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection—such as noise and multi-dimensional types—and characterize their implications for the private return to skill...
Persistent link: https://www.econbiz.de/10014377378
identification. On the return to work after the birth, mothers' wages drop by 3 to 5.7 per cent per year of leave. We find negative …
Persistent link: https://www.econbiz.de/10010280803
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
profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives …
Persistent link: https://www.econbiz.de/10013229696
This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall … occupations, entrants and leavers earn lower wages than stayers. This empirical fact suggests substantial skill selection effects … counteracting skill changes along the lines of our new empirical fact explain why occupational wages are unrelated to employment …
Persistent link: https://www.econbiz.de/10012861388
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10013217553
This paper empirically investigates the long-run effects of major health improvements on income growth in the United States. To isolate exogenous changes in health, the econometric model uses quasi-experimental variation in cardiovascular disease mortality across states over time. The results...
Persistent link: https://www.econbiz.de/10012179752
university education for AI roles declined by 23%, while AI roles advertise five times as many skills as job postings on average …, vocational education and training, micro-certificates, and online bootcamps to use human capital to its full potential and to …
Persistent link: https://www.econbiz.de/10014469511
Using a multi-dimensional measure of occupational mismatch, we report distinct gender differences in match quality and changes in match quality over the course of careers. A substantial portion of the gender wage gap stems from match quality differences among more educated individuals....
Persistent link: https://www.econbiz.de/10011932100
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition …. But with rapid technological change, gains in youth employment from vocational education may be offset by less … vocational education decreases with age, we employ a difference-in-differences approach that compares employment rates across …
Persistent link: https://www.econbiz.de/10010278837