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In this article we estimate the long-run aggregate elasticity of substitution between skilled and unskilled workers. This is an important parameter as it allows us to compute the skill biased technological progress (SBTP) from the evolution of relative wages. However, it is hard to estimate...
Persistent link: https://www.econbiz.de/10011509429
The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity of R&D. Our work analyzes knowledge diffusion and knowledge externalities in generating innovation and in determining productivity. We first estimate the determinants of...
Persistent link: https://www.econbiz.de/10011410671
by behavioral adjustments yet which are of considerable importance to one’s quality of life: employment, earnings and …
Persistent link: https://www.econbiz.de/10010418005
Major health shocks can have far-reaching consequences on the welfare of an individual's support and emotional network. This paper investigates both long-term and short-term spillovers of a major non-communicable health shock, namely a cancer diagnosis (CD), on the health and well-being of an...
Persistent link: https://www.econbiz.de/10014292854
The purpose of this study is to explore the relationship between individuals' satisfaction with amenities and … infrastructure) and applying Probit regressions, our results show that satisfaction with amenities and environmental quality … more pronounced in urban areas, particularly in large cities. We also find that individuals' satisfaction with amenities …
Persistent link: https://www.econbiz.de/10014295085
We analyze the impact of the UK national minimum wage (NMW) on the employment of young workers. The previous literature …, we find a significant and negative employment effect for male workers at 21, which we believe to be an anticipation … effect on employment of young workers, with this effect possibly occurring already well in advance of reaching the threshold …
Persistent link: https://www.econbiz.de/10009764461
generalized anxiety disorder detract from the employment and labor force participation of males and females; however, we do not … addressing the potential endogeneity of mental illness, we continue to find that mental illness adversely affects employment and … gains in employment for 3.2 million individuals and reduction in workplace cost of absenteeism of $18.9 billion due to …
Persistent link: https://www.econbiz.de/10009748359
Western Europe, but by lower employment rates in Eastern and Southern Europe. …
Persistent link: https://www.econbiz.de/10011524624
difference-in-differences model that compares employment rates across education type and age. An initial employment advantage of …
Persistent link: https://www.econbiz.de/10011544338
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this decline are the growth of part-time labor, the reform of the benefit system and wage moderation. Nevertheless, in 2002 the unemployment rate in the Netherlands has increased...
Persistent link: https://www.econbiz.de/10011507711