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replies to the same questionnaire by more than 6000 college students all over Europe. We study the determinants of wage … the results of the first systematic study of the wage expectations of European college students. Our data are based on the … variation across universities and fields. We also examine the trade-off between expected starting wages and wage growth. In the …
Persistent link: https://www.econbiz.de/10011401408
In this paper, we apply Generalized Propensity Score Matching (GPSM) method, which deals with a continuous treatment variable, to estimate the returns to education in China from 2010 to 2017. Results are compared with OLS estimates from the classical Mincerian equation, as well as estimates from...
Persistent link: https://www.econbiz.de/10012435596
expectations of students is scarce. The paper presents the Swiss results of a survey that was conducted in 10 European countries …. Its main findings are that point estimates of wages after graduation are close to actual wages, whereas the expectations … of the deviation of individual expectations from actual wages can not be explained, we find that rates of return to …
Persistent link: https://www.econbiz.de/10011403862
I use the American Community Survey to examine how college earnings premiums differ across small metropolitan statistical areas (MSAs) in the U.S. I document that the West North Central Division (Plains Region) has especially low average college earnings premiums. Controlling for observable MSA...
Persistent link: https://www.econbiz.de/10012389474
Skills shortages and skill mismatch are a pressing concern for policymakers in several developing countries, and in East Asia specifically. Providing on-the-job training can be an effective policy tool to shape the skills of the existent workforce to the specific needs of the firms. This paper...
Persistent link: https://www.econbiz.de/10010380876
How will the emergence of ChatGPT and other forms of artificial intelligence (AI) affect the skill premium? To address this question, we propose a nested constant elasticity of substitution production function that distinguishes among three types of capital: traditional physical capital...
Persistent link: https://www.econbiz.de/10014529725
We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving … which handicapped the use of actual market wage dispersion as risk measure in earlier studies. Students in our sample … estimated on market data: higher wage risk for educational groups is associated with higher mean wages. With observations on …
Persistent link: https://www.econbiz.de/10003825129
students possess before their decision on tertiary education participation. The sample is prone to selective participation and …
Persistent link: https://www.econbiz.de/10009306855
As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage …. This suggests that policies that increase returns from studying nursing can attract students to nursing. In addition, the …
Persistent link: https://www.econbiz.de/10011283119
Persistent link: https://www.econbiz.de/10011703091