Showing 1 - 10 of 256
How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
Persistent link: https://www.econbiz.de/10011416403
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10009659316
skills and earnings, including the matching of skill supply and demand, will enhance our understanding of the role of human …
Persistent link: https://www.econbiz.de/10015081348
We develop novel measures of early-career skills that are more detailed, comprehensive, and labor-market-relevant than existing skill proxies. We exploit that skill requirements of apprenticeships in Germany are codified in state-approved, nationally standardized apprenticeship plans. These...
Persistent link: https://www.econbiz.de/10013550210
This paper studies how portable skill accumulated in the labor market are. Using rich data on tasks performed in occupations, we propose the concept of task-specific human capital to measure the transferability of skills empirically. Our results on occupational mobility and wages show that labor...
Persistent link: https://www.econbiz.de/10010268280
We design, pilot, and field a new survey of occupational skills in Peru, to investigate human capital differences between poor and rich countries. Though the average skill level is comparable, Peruvian jobs have markedly more uniform skill profiles than jobs in the US. However, matching...
Persistent link: https://www.econbiz.de/10014444868
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10010290001
At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10009781695
positively self-selected in terms of education and earnings. We also find strong evidence of sorting: men who emigrate outside … Nordic countries are considerably better educated and have higher earnings and residual earning than men who emigrate to … Nordic countries. Most of the self-selection in terms of higher earnings can be explained by emigrants being more educated …
Persistent link: https://www.econbiz.de/10014247383