Showing 1 - 9 of 9
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
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
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 graduate tax system could look for Finland. To protect citizens against … Leviathan governments, graduate taxes or income-contingent loans could be based on voluntary contracts. Education would then be …
Persistent link: https://www.econbiz.de/10011404287
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
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
present risks is a dichotomic task: Wage risk is diversified ex post among the skilled by graduate taxation and skill … revenue from the graduate tax. -- Human capital investment ; educational risk ; wage risk ; learning effort ; graduate …
Persistent link: https://www.econbiz.de/10003806025
We analyse empirically the effects of urbanization on Italian college graduates’ work possibilities as entrepreneurs three years after graduation. We find that doubling the province of work's population density reduces the chances of being an entrepreneur by 2-3 percentage points. This result...
Persistent link: https://www.econbiz.de/10003967546
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
We empirically analyze sub-national migration of graduates in Germany and its determinants. Based on a longitudinal, representative survey-based dataset of students who graduated in the academic year 2004/2005, we observe the transition to the labor market and previous and subsequent migration...
Persistent link: https://www.econbiz.de/10011343053