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The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By increasing the informational content of grades, central exams may improve the sorting of students by productivity. To test this, we exploit the unique German setting where...
Persistent link: https://www.econbiz.de/10011283839
whether the signalling value differs between the migrants and non-migrants in the German labour market. Starting from the …
Persistent link: https://www.econbiz.de/10003854405
Many countries use centralized exit exams as a governance devise of the school system. While abundant evidence suggests positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on subsequent earnings. We suggest that labor-market...
Persistent link: https://www.econbiz.de/10009621692
Some countries, notably those which have long had a weak history of vocational education like the UK and the US, have recently seen a rapid expansion of hybrid schools which provide both general and vocational education. England introduced "University Technical Colleges" (UTCs) in 2010 for...
Persistent link: https://www.econbiz.de/10012310581
To explain the rise in the college wage premium in developed economies in the past decades, the present paper examines the effects of technological progress on workers effort incentives, which determine the effective labor supply. Five effort incentive effects of technological progress are...
Persistent link: https://www.econbiz.de/10011399300
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
provides a valid approximation of observed wages and matching patterns for a large part of the data. For low-type workers …
Persistent link: https://www.econbiz.de/10011524613
This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities … over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic …
Persistent link: https://www.econbiz.de/10011444082
According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …
Persistent link: https://www.econbiz.de/10012026458
-time mothers upon labor market return. Using a combination of propensity score matching and an event study applied to …
Persistent link: https://www.econbiz.de/10015134022