Showing 1 - 10 of 34
similarity. I find that the mean smallest number of dimensions in real data is one standard deviation smaller than in randomly …
Persistent link: https://www.econbiz.de/10012019202
substitution of low education/high experience workers by low experience/high education workers by using US and French microdata … explain the changes in returns to experience. It also accounts for a part of the increase in returns to education between 1980 …: the elasticity of substitution between experience and education, which is found to be less than half. In France, the …
Persistent link: https://www.econbiz.de/10011401268
This paper re-examines the wage returns to the 1972 Raising of the School Leaving Age (RoSLA) in England and Wales using a high-quality administrative panel dataset covering the relevant cohorts for almost 40 years of their labour market careers. With best practice regression discontinuity...
Persistent link: https://www.econbiz.de/10011428026
We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee … market experience and increase with initially unobserved ability, since the employer gradually obtains better information on …
Persistent link: https://www.econbiz.de/10011326420
What are the sources of wage growth in developing countries? In the US, general labor market experience is the key … is 24 to 29%, which is higher than the return to experience. Furthermore, we estimate a 35% return to ten years of tenure …
Persistent link: https://www.econbiz.de/10010528578
cohorts of the baby-boom. Using a survey where workers declare their true employment experience, this paper argues that these … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience …
Persistent link: https://www.econbiz.de/10011410676
We provide empirical support for the contention that within-job wage growth relates purely to job-specific performance … and that returns to general experience are assessed at the point of job change. Using the British New Earnings Survey …
Persistent link: https://www.econbiz.de/10011295412
The study explores how wages grow with experience in the Russian Federation. In all available cross-sectional data, the … trajectory of the observed wage-experience profile is flat, peaks early, and declines sharply afterwards. This shape looks … interpretation of the wage-experience profile is hindered by the APC problem, when the effects of time, cohort, and experience are …
Persistent link: https://www.econbiz.de/10012873107
experience is important. We combine insights from our findings with evidence from psychology to propose creativity …
Persistent link: https://www.econbiz.de/10012549190
hinges on prior job experience. Introducing sales-based performance pay for district- and later for store-managers, we find … performance pay decreases with experience and may even vanish in the limit. We provide empirical evidence in line with this …We run two field experiments within a large retail chain showing that the effectiveness of performance pay crucially …
Persistent link: https://www.econbiz.de/10011916585