Showing 1 - 10 of 16
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical framework linking new business creation with an entrepreneur's skill variety. Second, in this model we allow for both generalists and specialists to possess skill variety. Third,...
Persistent link: https://www.econbiz.de/10010231657
We explore how house prices evolve under technological progress, when housing serves for consumption as well as store of value. Technological change leads to human capital substituting physical capital and manual labor. Reduced use of physical capital implies that firms have less tangible...
Persistent link: https://www.econbiz.de/10011295717
finding is predicted by the tournament model in which rewards are based on relative performance instead of absolute … performance. …
Persistent link: https://www.econbiz.de/10010232876
in China. Exploiting province and time variation, we find a strong positive impact on cognition for girls and no effects …
Persistent link: https://www.econbiz.de/10012427619
This paper studies how linear tax and education policy should optimally respond to skill-biased technical change (SBTC). SBTC affects optimal taxes and subsidies by changing i) direct distributional benefits, ii) indirect redistributional effects due to wage-(de)compression, and iii) education...
Persistent link: https://www.econbiz.de/10012404177
stronger assortative mating on skills of parents and more polarized skill and earnings distributions of children. Swedish data … increases both skill sorting in couples and skill and earnings inequality among their children. All findings support the notion … that rising earnings inequality is, at least in part, supply driven by rising skill inequality. …
Persistent link: https://www.econbiz.de/10013472300
Persistent link: https://www.econbiz.de/10003774452
The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions in the public and private sector, using a model of a...
Persistent link: https://www.econbiz.de/10011377112
earnings distributionsdifferently, empirical identification of these potential sources forthe explanation of wage and …
Persistent link: https://www.econbiz.de/10011299965
markets is considered. It is shown thatethnic minorities fromdeveloping countries have a positive effect on the earnings of … minoritiesfrom EU-countries may havea negative effect on the earnings of high skilled natives and a positive effecton the earnings of … low skillednatives. Secondly, the effect of an immigration flow by 5% of the total labourforce on native earnings …
Persistent link: https://www.econbiz.de/10011303323