How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and … they prize complementarity in cognitive and interpersonal skills. The average return to VET skills in hourly wages is 9 …

moments of the distributions of earnings, employment and wage shocks across individuals. Our main finding is that …

. But with rapid technological change, gains in youth employment from vocational education may be offset by less … adaptability and thus diminished employment later in life. To test our main hypothesis that any relative labor-market advantage of … vocational education decreases with age, we employ a difference-in-differences approach that compares employment rates across …

, we observe interesting patterns in the skill composition, employment opportunities and wages for migrants to the …

provision of labour market relevant information by former coworkers affects the employment probabilities and, if hired, the … wages of male workers who have previously become unemployed as the result of an establishment closure. To identify the … results suggest a strong positive effect of a higher employment rate in a worker’s network of former coworkers on his re-employment …

We exploit the non-linearity in the level of minimum wages across US States created by the coexistence of federal and … state regulations to investigate how minimum wages affect the labor market impact of immigration. We find that the effects ….S. States with low minimum wages (i.e., where the federal minimum wage is binding). The results are robust to instrumenting …

explanation for several seemingly unrelated facts about employment growth in macro and micro data. In particular, they generate … of employment growth to TFP shocks estimated from Census data induce significant skewness, movements in volatility and …

performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

quantitative importance of fiscal foresight. We investigate whether JCTCs affect employment growth before, at, and after the time … difference-in-difference regression framework applied to monthly panel data on employment, the JCTC effective and legislative …