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We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to 25 years since school completion. By...
Persistent link: https://www.econbiz.de/10013254709
We model the process of field specialization choice among beginning economists within a multivariate logit framework that accommodates single and dual primary field specializations and incorporates correlations among field specialization choices. Conditioning on personal, economic, and...
Persistent link: https://www.econbiz.de/10012642572
Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across sectors would enable emerging countries to...
Persistent link: https://www.econbiz.de/10014000429
Countries across Eastern Europe and Central Asia are in their third decade of independence. What impact does this have on the skills premium and does accession to the European Union have an impact on the returns to education? The returns to education in 28 transition and 20 non-transition...
Persistent link: https://www.econbiz.de/10014313329
There is limited research assessing how AI knowledge affects employment prospects. The present study defines the term 'AI capital' as a vector of knowledge, skills and capabilities related to AI technologies, which could boost individuals' productivity, employment and earnings. Subsequently, the...
Persistent link: https://www.econbiz.de/10014495000
This contribution reviews the rich interdisciplinary literature covering the relationship between the diffusion of COVID-19 and the adoption of technologies in various sectors of the economy, ranging from health care facilities to manufacturing companies. Besides covering the technical and...
Persistent link: https://www.econbiz.de/10012700494
This study examines the influence of the statutory minimum wage on labor demand elasticities regarding low-skilled workers. For this, a regression discontinuity analysis is conducted using company panel data from 2013 to 2018. In addition, a possible endogeneity of the remuneration for...
Persistent link: https://www.econbiz.de/10012298466
supply in national labor markets. In recent decades, information and communication technology [ICT] has fueled the demand for … to these long-run, technology-driven changes in their economic opportunities. …
Persistent link: https://www.econbiz.de/10012700491
This study conducts a meta-analysis to assess the effects of robotization on employment and wages, compiling data from 33 studies with 644 estimates on employment and a subset of 19 studies with 195 estimates on wages. We identify a publication bias towards negative outcomes, especially...
Persistent link: https://www.econbiz.de/10014469096
Unions and collective bargaining play a central role in shaping wages and influencing firms' employment decisions and firm survival, especially in industrialised countries, and where they are traditionally strong. Their impact depends on the institutional role unions (can) play in different...
Persistent link: https://www.econbiz.de/10014578154