Showing 1 - 10 of 593
This paper examines the behaviour of the Irish labour market during the 1990s. Over the course of the decade the Irish unemployment rate fell from the highest to the lowest in the EU. Over the same period a record number of jobs was created and all the indicators suggest that full employment was...
Persistent link: https://www.econbiz.de/10011514165
Civil servants have a bad reputation of being lazy. However, citizens' personal experiences with civil servants appear to be significantly better. We develop a model of an economy in which workers differ in laziness and in public service motivation, and characterise optimal incentive contracts...
Persistent link: https://www.econbiz.de/10011449658
Wages grow but also become more unequal as workers age. Using German administrative data, we largely attribute both … workforce, and labor market institutions. …
Persistent link: https://www.econbiz.de/10011902849
In this paper we study how labor market duality affects human capital accumulation and wage trajectories of young … workers. Using rich administrative data for Spain, we follow workers since their entry into the labor market to measure … back life-cycle wage growth by up to 16 percentage points after 15 years since labor market entry. …
Persistent link: https://www.econbiz.de/10013419247
How important is mastering information and communication technologies (ICT) in modern labor markets? We present the … countries and across German municipalities. ICT skills are substantially rewarded in the labor market: returns are at 8 percent …
Persistent link: https://www.econbiz.de/10011416403
We develop novel measures of early-career skills that are more detailed, comprehensive, and labor-market-relevant than …
Persistent link: https://www.econbiz.de/10013550210
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
both relate to learning-by-doing and R&D intensity. In addition, we endogenize the determinants of the skill-bias of labor … demand: the complementarity between technology and skilled and unskilled labor. Our results identify parameters that are …
Persistent link: https://www.econbiz.de/10009781636
This paper develops a dynamic general equilibrium model to highlight the role of human capital accumulation of agents differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model captures the empirical co-movement of the skill...
Persistent link: https://www.econbiz.de/10009792199
When types of workers are imperfect substitutes, the Mincerian rate of return to human capital is negatively related to the supply of human capital. We work out a simple model for the joint evolution of output and wage dispersion. We estimate this model using cross-country panel data on GDP and...
Persistent link: https://www.econbiz.de/10011408972