Showing 1 - 10 of 17
We use cohort data from 11 European countries to study whether experience profiles differ by educational attainment. Previous literature does not provide a clear answer to this question, that is important to evaluate private returns to education over the working life of individuals. We find...
Persistent link: https://www.econbiz.de/10010262356
Expected earnings and expected returns to education are seen by labor economists as a major determinant of educational attainment. In spite of this, the empirical knowledge about expectations and their formation is scarce. In this paper we report the results of the first systematic study of the...
Persistent link: https://www.econbiz.de/10010262505
I use the European Community Household Panel to ask whether unemployment affects the relationship between education and … from the experience of unemployment. This result partially compensates the fact that more education reduces the incidence … of unemployment: unemployment is less likely among the better educated, but its occurrence has more sizeable effects on …
Persistent link: https://www.econbiz.de/10010262517
This paper studies how schooling admission tests affect economic performance in an economy where individuals are endowed with both academic and non academic abilities and both abilities matter for labor productivity. We develop a simple model with selective government held schools, where...
Persistent link: https://www.econbiz.de/10010262296
tracking. We calibrate the model for Germany and study how relative demand shifts toward more general skills and changes in the …
Persistent link: https://www.econbiz.de/10010261767
market variables, such as unemployment, wage differentials and employment protection, and to the funding of tertiary …
Persistent link: https://www.econbiz.de/10010262239
vacant skilled job slots can choose between recruitment from the market and training. Compared to Germany and Japan, the US … has both a higher inflow rate into unemployment and a higher efficiency of the matching process. While the combined effort …
Persistent link: https://www.econbiz.de/10010262339
When labor markets are imperfectly competitive, firms may be willing to finance general training if the wage structure is compressed, that is, if the increase of productivity after training is greater than the increase in pay. We propose a novel way of testing this proposition, which exploits...
Persistent link: https://www.econbiz.de/10010261569
Recent empirical evidence suggests that the density of local economic activity – measured as the number of employees per squared kilometer – positively affects local average productivity. In this paper we use British data from the European Community Household Panel to ask whether local...
Persistent link: https://www.econbiz.de/10010261820
Motivated by anecdotal as well as econometric evidence from Italy, we ask whether private schools can provide lower quality than public schools. Using a stylized model of the education market with sequential entry of a public and a private school, we show that, depending on the underlying...
Persistent link: https://www.econbiz.de/10010262077