This chapter presents an overview of economic models of teacher supply and explains the modeling implications for both cross-section and time series econometric modeling. Specifically the literature on the determinants of teacher recruitment, turnover, mobility and re-entry into the profession...

This chapter examines the literature that attempts to measure the relationship between labor earnings and the average quality of a state's elementary and secondary schools where school quality is approximated by statewide average characteristics like the teacher–pupil ratio. We present...

We analyze the impact of misperceptions of the unemployment rate on individual wages, using the European Social Survey. We follow a threefold strategy to tackle potential endogeneity problems, as the model includes the following: controls for worker's ability, the regional unemployment rate, and...

This paper analyses wage dynamics in Italy in the last 25 years with a special focus on the recent recession. Despite the rather rigid Italian institutional setting, using linked employer-employee data we find that wage rigidities, albeit always present, have been subdued during the recessionary...

This paper examines differentiation in the recent evolving graduate labour market in Britain. Using a novel statistically derived indicator of graduate jobs, based on job skill requirements in three-digit occupations obtained from the British Skills and Employment Survey series, we analyse...