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use both a signaling model and a human capital model to explore how the relationship between ability and schooling could …
Persistent link: https://www.econbiz.de/10012475313
We contrast the spatial mismatch hypothesis with what we term the racial mismatch hypothesis - that the problem is not a lack of jobs, per se, where blacks live, but a lack of jobs where blacks live into which blacks are hired. We first report new evidence on the spatial mismatch hypothesis,...
Persistent link: https://www.econbiz.de/10012465492
Persistent link: https://www.econbiz.de/10010206913
We examine evidence on omitted-ability bias in estimates of the economic return to schooling, using proxies for unobserved ability. We consider measurement error in these ability proxies and the potential endogeneity of both experience and schooling, and examine wages at labor market entry and...
Persistent link: https://www.econbiz.de/10012474703
This paper uses long-range dependence techniques to analyse two important features of the US Federal Funds effective rate, namely its persistence and cyclical behaviour. It examines annual, monthly, bi-weekly and weekly data, from 1954 until 2010. Two models are considered. One is based on an...
Persistent link: https://www.econbiz.de/10009687196
diminishing returns to the number of workers. We examine the sorting of factors to sectors and the matching of factors within …
Persistent link: https://www.econbiz.de/10012459150
different gender, race, or ethnic groups and how they evolve as buyers obtain more information about seller quality. We consider … using doctors' choices about signaling their gender. We find evidence of statistical discrimination against female doctors … female- and male-dominated fields the gender gap in signaling decreases with number of customer reviews of doctors. More …
Persistent link: https://www.econbiz.de/10015072871
This paper analyses two well-known features of interest rates, namely their time dependence and their cyclical structure. Specifically, it focuses on the monthly Euribor rate, using monthly data from January 1994 to May 2011. Models based on fractional integration at the long run or zero...
Persistent link: https://www.econbiz.de/10009380406
Shifts in the incidence of various types of training over the 1980s favored more-educated, more-experienced workers. Coupled with the fact that this training is associated with higher wages, these shifts suggest that training may have contributed to the growth of wage inequality in this period....
Persistent link: https://www.econbiz.de/10012474196
The continuing adverse labor market effects of the Great Recession have intensified interest in policy efforts to spur job creation. In periods when labor demand and supply are in balance, either hiring credits or worker subsidies can be used to boost employment - hiring credits by reducing...
Persistent link: https://www.econbiz.de/10012461792