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Teulings, Coen N.; Rens, Thijs van - 2003 - This version: February 2003

Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...

Persistent link: https://www.econbiz.de/10011325967

Education, growth and income inequality

Teulings, Coen N.; Rens, Thijs van - 2001

Persistent link: https://www.econbiz.de/10001639506

Returns to on-the-job search and the dispersion of wages

Gottfries, Axel; Teulings, Coen N. - 2016

A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs, until lay-off occurs, when this selection process starts over from scratch. We develop a simple methodology to test these predictions. Our inference uses two sources of...

Persistent link: https://www.econbiz.de/10011540616

Returns for entrepreneurs versus employees : the effect of education and personal control on the relative performance of entrepreneurs vis-a-vis wage employees

Praag, Mirjam van; Witteloostuijn, Arjen van; Sluis, … - 2009

How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences … show furthermore that entrepreneurs have higher returns to education than employees (in terms of the comparable performance …

Persistent link: https://www.econbiz.de/10011379475

The value of human and social capital investments for the business performance of start-ups

Bosma, Niels; Praag, Mirjam van; Thurik, Adriaan R.; … - 2002

effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival … founders, we conclude that specific investments indeed affect the three performance measures substantially and significantly …

Persistent link: https://www.econbiz.de/10011326404

Returns to tenure or seniority?

Buhai, Sebastian; Portela, Miguel; Teulings, Coen N.; … - 2008 - This version: 27 June 2008

, are the first to leave the firm (Last In, First Out; LIFO). Second, workers’ wages rise with seniority (= a worker …’s tenure relative to the tenure of her colleagues). We seek to explain these regularities by developing a dynamic model of the … to seniority in wages. Efficiency in hiring requires the workers’ bargaining power to be in line with their share in the …

Persistent link: https://www.econbiz.de/10011374429

Entrepreneurship, wage employment and control in an occupational choice framework

Douhan, Robin; Praag, Mirjam van - 2009

We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...

Persistent link: https://www.econbiz.de/10011378332

Comparative advantage, relative wages, and the accumulation of human capital

Teulings, Coen N. - 2002

I apply Ricardo’s principle of comparative advantage to a theory of factor substitutability in a model with a continuum of worker and job types. Highly skilled workers have a comparative advantage in complex jobs. The model satisfies the distance-dependent elasticity of substitution (DIDES)...

Persistent link: https://www.econbiz.de/10011327541

Wage dispersion in Russia

Grogan, Louise Anne - 1997

This paper examines the extent to which human capital theory can explain observed wage differentialsin the Russian Federation. Wage and income dispersion have increased markedly in Russia in the sixyears since the transition began. Some studies conclude that this is an indicator that Russian...

Persistent link: https://www.econbiz.de/10010338457

Wage dispersion in Russia

Grogan, L. A. - 1997

Persistent link: https://www.econbiz.de/10000675021

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