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Taking the leap : the determinants of entrepreneurs hiring their first employee

Fairlie, Robert W.; Miranda, Javier - 2016

Job creation is one of the most important aspects of entrepreneurship, but we know relatively little about the hiring patterns and decisions of startups. Longitudinal data from the Integrated Longitudinal Business Database (iLBD), Kauffman Firm Survey (KFS), and the Growing America through...

Persistent link: https://www.econbiz.de/10011447517

Educational and wage risk : social insurance vs. quality of education

Schindler, Dirk; Weigert, Benjamin - 2008

In this model of education, where individuals are exposed both to educational risk and to wage risk within the skilled sector, successful graduation depends both on individual effort to study and on public resources. We show that insuring the present risks is a dichotomic task: Wage risk is...

Persistent link: https://www.econbiz.de/10003806025

Stay in school or start working? : the human capital investment decision under uncertainty and irreversibility

Bilkic, Natasa; Gries, Thomas; Pilichowski, Margarethe - 2009

As the time of leaving school determines the level of academic achievement this timing decision is central for the human capital investment decision. Real option theory offers a new perspective of the human capital investment decision under uncertainty and irreversibility. Unlike other...

Persistent link: https://www.econbiz.de/10003897279

Are short-lived jobs stepping stones to long-lasting jobs?

Cockx, Bart; Picchio, Matteo - 2008

This paper assesses whether short-lived jobs (lasting one quarter or less and involuntarily ending in unemployment) are stepping stones to long-lasting jobs (enduring one year or more) for Belgian long-term unemployed school-leavers. We proceed in two steps. First, we estimate labour market...

Persistent link: https://www.econbiz.de/10003813607

No place like home? : graduate migration in Germany

Haussen, Tina; Übelmesser, Silke - 2015

We empirically analyze sub-national migration of graduates in Germany and its determinants. Based on a longitudinal … market and previous and subsequent migration patterns. We find that, five years after graduation, about 60% of the graduates … are employed in the university state either because they have stayed or returned. Whether or not graduates migrate largely …

Persistent link: https://www.econbiz.de/10011343053

Scars of recessions in a rigid labor market

Cockx, Bart; Ghirelli, Corinna - 2015

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...

Persistent link: https://www.econbiz.de/10010491732

Are expectations alone enough? : estimating the effect of mandatory college-prep curriculum in Michigan

Jacob, Brian Aaron; Dynarski, Susan M.; Frank, Kenneth; … - 2016

This paper examines the impacts of the Michigan Merit Curriculum (MMC), a statewide college-preparatory curriculum that applies to the high school graduating class of 2008 and later. We use a student, longitudinal database for all public school students in Michigan for the main analyses, and...

Persistent link: https://www.econbiz.de/10011451088

Entrepreneurship and market size : the case of young college graduates in Italy

Di Addario, Sabrina; Vuri, Daniela - 2010

We analyse empirically the effects of urbanization on Italian college graduates’ work possibilities as entrepreneurs …

Persistent link: https://www.econbiz.de/10003967546

State investment in higher education : effects on human capital formation, student debt, and long-term financial outcomes of students

Chakrabarti, Rajashri; Gorton, Nicole; Lovenheim, Michael F. - 2020

Most public colleges and universities rely heavily on state financial support. As state budgets have tightened in recent decades, appropriations for higher education have declined substantially. Despite concerns expressed by policymakers and scholars that the declines in state support have...

Persistent link: https://www.econbiz.de/10012294613

Educating Europe

Poutvaara, Panu - 2004

The mobility of labor reduces national incentives to invest in internationally applicable education. The European Union could overcome this by allowing member states to institute graduate taxes or income-contingent loans, collected also from migrants. This paper presents calculations on how a...

Persistent link: https://www.econbiz.de/10011404287

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