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on perceived signaling and human capital effects. We elicit counterfactual labor market expectations for the hypothetical …-individual fixed effects models, we document substantial expected labor market returns from signaling, whereas perceived productivity …
Persistent link: https://www.econbiz.de/10012293817
on this information. In this paper we study how a signaling mechanism, where each worker can send a signal of interest to … ready to provide information about their preferences for particular employers, and employers value and are prepared to act … one employer, facilitates matches in such markets. We find that introducing a signaling mechanism increases the welfare of …
Persistent link: https://www.econbiz.de/10012462472
Persistent link: https://www.econbiz.de/10003848271
Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...
Persistent link: https://www.econbiz.de/10011544331
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013332099
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013334527
excessively strong incentives and a relatively high expected total compensation. -- reciprocity ; gift-exchange ; signaling game …
Persistent link: https://www.econbiz.de/10009261791
-role behavior ; sabotage ; gift exchange ; social exchange ; conditional altruism ; reciprocity ; signaling game …
Persistent link: https://www.econbiz.de/10003803551
In this paper we study how labor market duality affects human capital accumulation and wage trajectories of young workers. Using rich administrative data for Spain, we follow workers since their entry into the labor market to measure experience accumulated under different contractual...
Persistent link: https://www.econbiz.de/10013419247
The last decade has seen the burgeoning of several hundred local community currency institutions in cities across the world. Although residents of these communities claim that local currency promotes local development, how if at all it does so has hitherto been unexplored. This paper argues that...
Persistent link: https://www.econbiz.de/10011507689