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Student Loans and the Allocation of Graduate Jobs
Cigno, Alessandro - 2015
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
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Parenthood and Productivity of Highly Skilled Labor : Evidence from the Groves of Academe
Krapf, Matthias - 2014
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
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Top Incomes, Rising Inequality, and Welfare
Lansing, Kevin J. - 2012
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wage income going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10013098333
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International Migration of Skilled Workers with Endogenous Policies
Djajic, Slobodan - 2014
We study the interaction between the optimal immigration policy of a host country and education policy of a source country in a model of international migration of skilled workers. Acquisition of human capital is driven by the academic and career opportunities at home and abroad. Greater...
Persistent link: https://www.econbiz.de/10013054317
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Finance, Talent Allocation, and Growth
D'Acunto, Francesco - 2018
The growing finance wage premium is related to a modest net reallocation of skilled workers from non-finance sectors into finance in a broad sample of 24 countries over 35 years. The reallocation is higher when the finance wage premium grows faster than the contribution of the financial sector...
Persistent link: https://www.econbiz.de/10012922660
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Top Incomes, Rising Inequality, and Welfare
Lansing, Kevin J.; Markiewicz, Agnieszka - 2021
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10013315527
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Human Capital, Social Mobility and the Skill Premium
Angelopoulos, Konstantinos - 2013
This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...
Persistent link: https://www.econbiz.de/10013075985
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International Emigrant Selection on Occupational Skills
Patt, Alexander - 2017
We present the first evidence that international emigrant selection on education and earnings materializes through occupational skills. Combining novel data from a representative Mexican task survey with rich individual-level worker data, we find that Mexican migrants to the United States have...
Persistent link: https://www.econbiz.de/10012951826
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Do More Effective Teachers Earn More Outside of the Classroom?
Chingos, Matthew M. - 2010
We examine earnings records for 90,000 classroom teachers employed by Florida public schools between the 2001–02 and 2006–07 school years, roughly 20,000 of whom left teaching during that time. Among grade 4–8 teachers leaving for other industries, a 1 standard deviation increase in...
Persistent link: https://www.econbiz.de/10013145393
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Returns to ICT Skills
Falck, Oliver - 2016
How important is mastering information and communication technology (ICT) in modern labor markets? We answer this question with unique data on ICT skills tested in 19 countries. Our two instrumental-variable models exploit technologically induced variation in broadband Internet availability that...
Persistent link: https://www.econbiz.de/10012997356