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Immigrants' "ability" and welfare as a function of cultural diversity : effect of cultural capital at individual and local level

Tubadji, Annie; Gheasi, Masood; Nijkamp, Peter - 2014

This paper presents an operationalization of a mixed Bourdieu–Mincer-type model that seeks to find evidence for individual and local cultural capital effects on human capital 'ability'. We aim to compare these effects for native workers and immigrants (as well as between immigrants themselves)...

Persistent link: https://www.econbiz.de/10010409050

Higher education levels, firms' outside options and the wage structure

Rosén, Åsa; Wasmer, Etienne - 2002

We analyze the consequences of an increase in the supply of highly educated workers on relative and real wages in a search model where wages are set by Nash-bargaining. The key insight is that an increase in the supply of highly educated workers improves the firms' outside option. As a...

Persistent link: https://www.econbiz.de/10011405857

Labor supply dynamics, unemployment and human capital investments

Wasmer, Etienne - 2002

In the last decades, the OECD labor markets faced important labor supply changes with the arrival of women and the … composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … market with wage rigidities may not recover from such a temporary labor supply shock: with a younger and less experienced …

Persistent link: https://www.econbiz.de/10011410676