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We expand Acemoglu and Pischke's seminal model of training in imperfect labor markets by including the system of collective wage bargaining and the components of firms' training costs. Thus we can adapt their model to institutional changes that occurred since the 1990s. The model and the...
Persistent link: https://www.econbiz.de/10011455316
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...
Persistent link: https://www.econbiz.de/10011325999
The multitude of tasks performed in the labor market requires skills in many dimensions. Traditionally, human capital has been proxied primarily by educational attainment. However, an expanding body of literature highlights the importance of various skill dimensions for success in the labor...
Persistent link: https://www.econbiz.de/10015083753
This paper studies the labour market outcomes of native and foreign PhD graduates staying as migrants in Australia, using data on career destinations over the period 1999-2015. Natives with an English-speaking background emerge as benefiting from positive employer discrimination, especially if...
Persistent link: https://www.econbiz.de/10012256948
We use census-like data and a regression discontinuity design to study the labor market impacts of a signal provided by a government-sponsored award given to top-performing students on a nationwide college exit exam in Colombia. Students who can signal their high level of specific skills earn...
Persistent link: https://www.econbiz.de/10014342056
We explore whether the choice of broad versus specialized university curricula affects subsequent labor market outcomes, as measured by earnings, full-time permanent employment, and unemployment six months after university graduation. We exploit a unique episode in the history of the National...
Persistent link: https://www.econbiz.de/10012239001
The literature estimating returns to education has often utilized spousal education and parental education as instrument variables (IV). However, due to usual survey designs, both IVs are available only for the individuals whose spouse or parents are present in the same household. The IV...
Persistent link: https://www.econbiz.de/10009683289
The last decades have shown that the traditional steady job with a permanent contract is on the decline. While permanent contracts and the insider position that they bring are highly valued by workers, research on the returns to human capital have predominantly focused on wages as subject of...
Persistent link: https://www.econbiz.de/10013347158
This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor market outcomes, we apply a regression-adjusted...
Persistent link: https://www.econbiz.de/10013414731
This paper studies the impact of labor market conditions during the education-to-work transition on workers' long-term skill development. Using representative survey data on measures of work-relevant cognitive skills for adults from 19 countries, I document four main findings: i) cohorts of...
Persistent link: https://www.econbiz.de/10012201324