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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
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
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
demand and reduced working hours so as to stabilize workers' income. In a matching framework such an arrangement increases …
Persistent link: https://www.econbiz.de/10011924471
Using matched employer-employee-contract data for Portugal - a country with near-universal union coverage - we find evidence of a sizable effect of union affiliation on wages. Gelbach's (2016) decomposition procedure is next deployed to ascertain the contributions of worker, firm, match, and...
Persistent link: https://www.econbiz.de/10011941280
Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct...
Persistent link: https://www.econbiz.de/10010235845
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
We examine the association between the personality trait grit and post-compulsory educational choices and trajectories using a large survey linked to administrative student register data. Exploiting cross sectional variation in students' self-reported grit in the last year of compulsory school,...
Persistent link: https://www.econbiz.de/10014528207