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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 …
Persistent link: https://www.econbiz.de/10012912688
In this paper we investigate how fertility decisions respond to unexpected career interruptions which occur as a consequence of job displacement. Using an event study approach we compare the birth rates of displaced women with those of women unaffected by job loss after establishing the...
Persistent link: https://www.econbiz.de/10012751676
develop detailed measures of state human capital based on school attainment from census micro data and on cognitive skills … attainment and cognitive skills. Similar results emerge from growth accounting analyses …
Persistent link: https://www.econbiz.de/10013019852
. 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 …
Persistent link: https://www.econbiz.de/10009351470
As skills of labor-market entrants are usually not directly observed by employers, individuals acquire skill signals …-resource managers to choose. We find that signals in all three studied domains – cognitive skills, social skills, and maturity – have a …. While GPAs and social skills are significant for both genders, males are particularly rewarded for maturity and females for …
Persistent link: https://www.econbiz.de/10012924449
retraining for new employment in the expanding sector. The paper derives an optimal welfare policy which combines the design of …
Persistent link: https://www.econbiz.de/10013023912
productivity; (ii) reallocates employment away from temporary administrative workers and non-remunerated workers and expands … employment of permanent production workers; (iii) leads to the formalization of labor relationships, to the implementation of new … policies, where ICT expansion is accompanied by the development of digital skills …
Persistent link: https://www.econbiz.de/10012926543
regressions that incorporate worker skills. We find that educational achievement strongly predicts economic growth across U …
Persistent link: https://www.econbiz.de/10013000838
female labor supply in their source country on their labor supply and wages in the US. Women migrating from higher female …
Persistent link: https://www.econbiz.de/10013023199
We study immigration policy in a small receiving economy under self-selection of migrants. We show that a non-discriminatory immigration policy choice affects and is affected by the migratory decisions of skilled and unskilled foreign workers. From this interaction multiple equilibria may arise,...
Persistent link: https://www.econbiz.de/10013108468