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Dynamic Skill Accumulation, Comparative Advantages, Compulsory Schooling, and Earnings

Belzil, Christian - 2011

(or negative) effects of schooling on productivity that have been recently reported (i) in the micro literature on …

Persistent link: https://www.econbiz.de/10013117619

Does Education Raise Productivity and Wages Equally? The Moderating Roles of Age, Gender and Industry

Rycx, Francois - 2015

among youngsters and women. Policies aiming to increase their employability either try to foster their productivity and …/or to decrease their wage cost. Yet, the evidence on the misalignment between education-induced productivity gains and … impact of education on productivity, wage costs and productivity-wage gaps (i.e. profits) using rich Belgian linked employer …

Persistent link: https://www.econbiz.de/10013022658

Educational Mismatch and Firm Productivity : Do Skills, Technology and Uncertainty Matter?

Mahy, Benoit - 2015

productivity varies across working environments. Using detailed Belgian linked employer-employee panel data for 1999-2010, they … find the existence of a significant, positive (negative) impact of over- (under-)education on firm productivity. Moreover …, their results show that the effect of over-education on productivity is stronger among firms: (i) with a higher share of …

Persistent link: https://www.econbiz.de/10013026437

Education and Optimal Dynamic Taxation

Findeisen, Sebastian - 2011

We study optimal tax and educational policies in a dynamic private information economy, in which ex-ante heterogeneous individuals make an educational investment early in their life and face a stochastic wage distribution. We characterize labor and education wedges in this setting analytically...

Persistent link: https://www.econbiz.de/10013118777

Anti-Lemons : School Reputation, Relative Diversity, and Educational Quality

MacLeod, W. Bentley - 2012

Friedman (1962) observed that the ability of firms to acquire and maintain reputations for quality is a key ingredient for the efficient provision of goods and services in a market economy. This paper explores the implications of school reputation for skill acquisition and labor market outcomes...

Persistent link: https://www.econbiz.de/10013099769

Post Schooling Human Capital Investments and the Life Cycle Variance of Earnings

Magnac, Thierry - 2013

We propose an original model of human capital investments after leaving school in which individuals differ in their initial human capital obtained at school, their rate of return, their costs of human capital investments and their terminal values of human capital at a fixed date in the future....

Persistent link: https://www.econbiz.de/10013081797

Life Expectancy, Schooling, and Lifetime Labor Supply : Theory and Evidence Revisited

Cervellati, Matteo - 2013

This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...

Persistent link: https://www.econbiz.de/10013084661

Mincer Equation, Power Law of Learning, and Efficient Education Policy

Richter, Wolfram F. - 2013

The basis for the empirical research on earnings determination is the Mincer equation. Individuals are assumed to make schooling decisions by maximizing earnings. Leisure costs of schooling and labour supply are neglected which has some empirically implausible implications. This paper shows a...

Persistent link: https://www.econbiz.de/10013084667

Educational Inequality and the Returns to Skills

Lundberg, Shelly J. - 2013

Research and policy discussion about the diverging fortunes of children from advantaged and disadvantaged households have focused on the skill disparities between these children – how they might arise and how they might be remediated. Analysis of data from the National Longitudinal Study of...

Persistent link: https://www.econbiz.de/10013076159

Markets for Reputation : Evidence on Quality and Quantity in Academe

Hamermesh, Daniel S. - 2009

We develop a theory of the market for individual reputation, an indicator of regard by oneﾒs peers and others. The …

Persistent link: https://www.econbiz.de/10013153301