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work decisions that young men make in early adulthood, and quantify how they affect wages using a generalized Mincerian …
Persistent link: https://www.econbiz.de/10011776040
' wages. An exogenous school reform varying at the state and year level caused the missing cohort to occur. Using … missing cohort increases training wages measured at the start of training. Further analyses shed light on the opposite case of … dual cohorts, which we find to increase training provision and to decrease training wages. The evidence also shows that …
Persistent link: https://www.econbiz.de/10012252762
We examine whether the benefits of high school work experience have changed over the last 20 years by comparing effects for the 1979 and 1997 cohorts of the National Longitudinal Survey of Youth. Our main specifications suggest that the future wage benefits of working 20 hours per week in the...
Persistent link: https://www.econbiz.de/10010403493
Understanding employer preferences for characteristics of young workers is crucial to designing effective policies to reduce youth unemployment in developing countries. We conduct a randomized resume audit study, simultaneously examining the returns to education, experience, and physical...
Persistent link: https://www.econbiz.de/10011607623
We examine the evolution of the returns to human capital in Canada over the period 1980-2005. Our main finding is that returns to education increased substantially for Canadian men, contrary to conclusions reached previously. Most of this rise took place in the early 1980s and since 1995....
Persistent link: https://www.econbiz.de/10003942232
We show that a calibrated dynamic skill accumulation model allowing for comparative advantages, can explain the weak (or negative) effects of schooling on productivity that have been recently reported (i) in the micro literature on compulsory schooling, ii) in the micro literature on estimating...
Persistent link: https://www.econbiz.de/10009522490
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
Persistent link: https://www.econbiz.de/10010529431
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