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Signaling and employer learning with instruments
Aryal, Gaurab; Bhuller, Manudeep; Lange, Fabian - 2020
The social and the private returns to education differ when education can increase productivity, and also be used to … private returns to education within the employer learning framework of Farber and Gibbons [1996] and Altonji and Pierret [2001 … employers. If the instrument is hidden then it identifies the private returns to education, but if the instrument is observed by …
Persistent link: https://www.econbiz.de/10012169372
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Approaches to learn about employer learning
Ablay, Mahmut; Lange, Fabian - 2022
to education. While the empirical basis is still thin, the results suggest that Signaling contributes at most about 25 …% to the observed returns to education. …
Persistent link: https://www.econbiz.de/10013471383
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Employer learning and schooling-related statistical discrimination in Britain
Galindo-Rueda, Fernando (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001760435
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The rate of learning-by-doing : estimates from a search-matching model
Prat, Julien (contributor) - 2007
We construct and estimate by maximum likelihood an equilibrium search model where wages are set by Nash bargaining and … Survey data on accepted wages and employment durations. We show that it captures almost perfectly the joint distribution of … wages and job spells. We find that the rate of learning-by-doing has an important positive effect on aggregate output and a …
Persistent link: https://www.econbiz.de/10003592014
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Grades and employer learning
Hansen, Anne Toft; Hvidman, Ulrik; Sievertsen, Hans Henrik - 2021
This study examines the labor-market returns of skill signals. We identify the labor-market effect of grade point averages (GPA) by leveraging a nationwide change in the scaling of grades in Danish universities. Results show that a reform-induced increase in GPA that is unrelated to ability...
Persistent link: https://www.econbiz.de/10012487071
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Human capital, signaling, and employer learning : what insights do we gain from regression discontinuity designs?
Graetz, Georg - 2017
similar credentials) on wages. Using a simple model of asymmetric information, I show that RDD estimates the information value …
Persistent link: https://www.econbiz.de/10011758735
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Imperfect signals
Graetz, Georg - 2023
A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection - such as noise and multi-dimensional types - and characterize their implications for the private return to skill...
Persistent link: https://www.econbiz.de/10014250664
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How fast do wages adjust to human-capital productivity? : dynamic panel-data evidence from Belgium, Denmark and Finland
Andini, Corrado - 2009
theoretical assumptions. -- Mincer equation ; wages ; human capital …
Persistent link: https://www.econbiz.de/10003920226
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Sources of wage growth
Adda, Jérôme; Dustmann, Christian - 2022
This paper investigates the sources of wage growth over the life cycle, where individuals have the possibility to acquire vocational training at the start of their career. Wage growth is determined by sectoral and firm mobility, unobserved ability and the accumulation of human capital. Workers...
Persistent link: https://www.econbiz.de/10013170247
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Money on the table? : firms' and workers' gains from productivity spillovers through worker mobility
Stoyanov, Andrey; Zubanov, Nikolay - 2013
We estimate how much of the gains from productivity spillovers through worker mobility is retained by the hiring firms, by the workers who bring spillovers, and by the other workers. Using linked employer-employee data from Danish manufacturing for the period 1995-2007, we find that at least...
Persistent link: https://www.econbiz.de/10010204505