Showing 1 - 10 of 43
common knowledge. Graduates and graduate jobs are matched by tournament. In laissez faire, only the rich can buy enough … some of the rich buy too much education, and some of the graduates have lower ability than some of the non-graduates … the same quality are assigned to graduates with the same education but different ability. Competition among employers will …
Persistent link: https://www.econbiz.de/10013026630
This paper assesses whether short-lived jobs (lasting one quarter or less and involuntarily ending in unemployment) are stepping stones to long-lasting jobs (enduring one year or more) for Belgian long-term unemployed school-leavers. We proceed in two steps. First, we estimate labour market...
Persistent link: https://www.econbiz.de/10012764525
We analyze empirically the effects of urban agglomeration on Italian college graduates’ work possibilities as …
Persistent link: https://www.econbiz.de/10013316181
As the time of leaving school determines the level of academic achievement this timing decision is central for the human capital investment decision. Real option theory offers a new perspective of the human capital investment decision under uncertainty and irreversibility. Unlike other...
Persistent link: https://www.econbiz.de/10013316303
In this paper we present the Ifo Investment Database, which provides annual investment data for 12 investment assets in … allows allocating investments by asset type to each industry, using an investment flow matrix. The database enables … investments. We describe the structure and methodology of the database and illustrate its variety and strengths by looking at some …
Persistent link: https://www.econbiz.de/10013084902
We examine the effect of pregnancy and parenthood on the research productivity of academic economists. Combining the survey responses of nearly 10,000 economists with their publication records as documented in their RePEc accounts, we do not find that motherhood is associated with low research...
Persistent link: https://www.econbiz.de/10013057642
This paper uses a particular school exit rule previously in effect in England and Wales that allowed students born within the first five months of the academic year to leave school one term earlier than those born later in the year. Focusing on women, we show that those who were required to stay...
Persistent link: https://www.econbiz.de/10013316196
Using a calibrated overlapping generations model we quantify the welfare gains of an age dependent income tax. Agents face uncertainty regarding future abilities and can by saving transfer consumption across periods. The welfare gain of switching from an age-independent to an age-dependent...
Persistent link: https://www.econbiz.de/10013136607
Children starting school at older ages consistently exhibit better educational outcomes. In this paper, we underscore child development as a mechanism driving this effect. We study the causal effect of school starting age on a child's probability of developing special educational needs in early...
Persistent link: https://www.econbiz.de/10012926555
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10012775851