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Dual returns to experience
Garcia-Louzao, Jose; Hospido, Laura; Ruggieri, Alessandro - 2021
In this paper we study human capital accumulation and wage trajectories of young workers in a dual labor market. Using rich administrative data for Spain, we follow workers since labor market entry to measure experience accumulated under different contractual arrangements and relate it to...
Persistent link: https://www.econbiz.de/10012596234
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Dynamic contracts and learning by doing
Prat, Julien - 2014
This paper studies the design of optimal contracts in dynamic environments where agents learn by doing. We derive a condition under which contracts are fully incentive compatible. A closed-form solution is obtained when agents have CARA utility. It shows that human capital accumulation...
Persistent link: https://www.econbiz.de/10010246654
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Work-related training and the new national minimum wage in Britain
Arulampalam, Wiji; Booth, Alison L.; Bryan, Mark L. - 2002
In this paper we use important new training and wage data from the British Household Panel Survey to estimate the impact of the national minimum wage (introduced in April 1999) on the work-related training of low-wage workers. We use two "treatment groups" for estimating the impact of the new...
Persistent link: https://www.econbiz.de/10011413732
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Does the sector experience affect the pay gap for temporary agency workers?
Jahn, Elke J.; Pozzoli, Dario - 2011
It is a well-known fact that temporary agency workers have to accept high pay penalties. However, remarkably little is known about the remuneration of workers who are frequently employed in this sector or who are employed for a substantial length of time. Based on a rich administrative data set,...
Persistent link: https://www.econbiz.de/10009311011
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Minimum wages and on-the-job training
Acemoglu, Daron; Pischke, Jörn-Steffen - 2001
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10011404043
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Wages, training and job turnover in a search-matching model
Rosholm, Michael; Svarer, Michael - 2000
In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen (2000) to allow for different offer arrival rates in employment and unemployment. The model by Mortensen changes the original wage posting model (Burdett and Mortensen, 1998) in...
Persistent link: https://www.econbiz.de/10011339694
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Social networks and the labour market
Afridi, Farzana; Dhillon, Amrita - 2022
This chapter surveys recent literature on social networks and labour markets, with a specific focus on developing countries. It reviews existing research, in particular, on the use of social networks for hiring and the consequences of networks for on-the-job outcomes, including emerging...
Persistent link: https://www.econbiz.de/10013471132
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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 signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and private returns to education within the employer learning...
Persistent link: https://www.econbiz.de/10012169372
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Are immigrants favorably self-selected? : an economic analysis
Chiswick, Barry R. - 2000
the primary focus is on international migration, reference is made to internal migration and return migration. The … favorable selectivity is more intense the greater the out-of-pocket (direct) costs of migration and return migration, the … greater the effect of the higher level of ability on lowering the costs of migration, and the smaller the relative skill …
Persistent link: https://www.econbiz.de/10011325988
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Limits to wage growth : understanding the wage divergence between immigrants and natives
Jain, Apoorva; Sabirianova Peter, Klara - 2017
to established ethnic networks, and acquired more years of pre-migration schooling. Using a doubly robust treatment … effect estimator and the IV method, the study finds that the endogenous post-migration education in the host country …
Persistent link: https://www.econbiz.de/10011704320