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How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10011379475
ability has a stronger impact on entrepreneurial incomes than on wages. Entrepreneurs and employees benefit from different … sets of specific abilities: Language and clerical abilities have a stronger impact on wages, whereas mathematical, social …
Persistent link: https://www.econbiz.de/10011376647
make it easier for them to switch employers than for the part-time educated auditors. The predictions on tenure and wages …
Persistent link: https://www.econbiz.de/10011327827
Persistent link: https://www.econbiz.de/10010190990
with experience at MNEs instead of domestic firms earn up to 14% higher wages within the MNE, and up to 11% higher wages … find that MNEs hire more juniors, pay lower starting wages, and are more selective towards senior workers than domestic …
Persistent link: https://www.econbiz.de/10014457877
The COVID-19 crisis may have widely and permanently altered the labor market through the demand for skills. Crises tend to accelerate technological change. Previous recent crises were characterized by an acceleration of automation, which generally led to a decrease in middle-income jobs with...
Persistent link: https://www.econbiz.de/10014577919
wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education … as an indicator of the unobserved heterogeneity that employers face. We find solid evidence that starting wages are lower …
Persistent link: https://www.econbiz.de/10011378868
This research documents changes in employment and wages in the Netherlands for different types of workers. We compare … 2017 to 2023 using regression-adjusted wages to make sure changes in composition of the workforce do not influence our … slightly fallen. Wages have been rising for workers at the bottom of the wage distribution. From the median of the wage …
Persistent link: https://www.econbiz.de/10014541860
This paper studies the impact of routine job tasks on workers wages in the German labour market. Using nationally … associated with workers hourly wages; the negative effect of routine tasks is most pronounced in high-skilled non …
Persistent link: https://www.econbiz.de/10012591251
knowledge of technologies becomesobsolete. After a shock in technology, the worker depreciates on hishuman capital. The lower …
Persistent link: https://www.econbiz.de/10011302147