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Differences in on-the-job learning across firms

Arellano-Bover, Jaime; Saltiel, Fernando - 2024

We present evidence that is consistent with large disparities across firms in their on-the-job learning opportunities …, using administrative datasets from Brazil and Italy. We categorize firms into discrete “classes”—which our conceptual … framework interprets as skill-learning classes—using a clustering methodology that groups together firms with similar …

Persistent link: https://www.econbiz.de/10014505831

The returns to elite college education : a quasi-experimental analysis

Anelli, Massimo - 2016

I take advantage of a sharp discontinuity in the probability of admission to an elite university at the admission score threshold, to estimate causal returns to college education quality. I use a newly constructed dataset, which combines individual administrative records about high school,...

Persistent link: https://www.econbiz.de/10011536219

Wages, skills, and skill-biased technical change : the canonical model revisited

Bowlus, Audra J.; Lochner, Lance; Robinson, Chris; … - 2021

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

Do digital skill certificates help new workers enter the market? : evidence from an online labour platform

Kässi, Otto; Lehdonvirta, Vili - 2019

We study the effects of a voluntary skill certification scheme in an online freelancing labour market. We show that obtaining skill certificates increases freelancers' earnings. This effect is not driven by increased freelancer productivity but by decreased employer uncertainty. The increase in...

Persistent link: https://www.econbiz.de/10012064584

Signaling and employer learning with instruments

Aryal, Gaurab; Bhuller, Manudeep; Lange, Fabian - 2020

The social and the private returns to education differ when education can increase productivity, and also be used to signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...

Persistent link: https://www.econbiz.de/10012162512

Firm training

Black, Dan A.; Skipper, Lars; Smith, Jeffrey A. - 2023

provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in …

Persistent link: https://www.econbiz.de/10013540828

Imperfect signals

Graetz, Georg - 2023

A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection-such as noise and multi-dimensional types-and characterize their implications for the private return to skill...

Persistent link: https://www.econbiz.de/10014265586

The economics of international differences in educational achievement

Hanushek, Eric Alan; Woessmann, Ludger - 2010

An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...

Persistent link: https://www.econbiz.de/10003966504

Why do we ignore the risk in schooling decisions?

Hartog, Joop; Diaz-Serrano, Luis - 2014 - First draft, November 29, 2013

While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of heterogeneity and risk, surveys the analytical...

Persistent link: https://www.econbiz.de/10010347037

Labor market institutions, wages, and investment : presented at CESifo Area Conference on Employment and Social Protection, June 2004

Pischke, Jörn-Steffen - 2004

Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor … structure in Europe in the 1980s. These different trends are the result of different investment decisions by firms for the jobs … typically held by less-skilled workers. Firms in Europe have more incentives to invest in less-skilled workers, because minimum …

Persistent link: https://www.econbiz.de/10011450828

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