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We ask whether the role of employer learning in the wage-setting process depends on skill type and skill importance to productivity. Combining data from the NLSY79 with O*NET data, we use Armed Services Vocational Aptitude Battery scores to measure seven distinct types of pre-market skills that...
Persistent link: https://www.econbiz.de/10013104945
We examine the direct impact of idiosyncratic match quality on entry wages and job mobility using unique data on worker talents matched to job-indicators and individual wages. Tenured workers are clustered in jobs with high job-specific returns to their types of talents. We therefore measure...
Persistent link: https://www.econbiz.de/10013002443
This study examines the labor-market returns of skill signals. We identify the labor-market effect of grade point averages (GPA) by leveraging a nationwide change in the scaling of grades in Danish universities. Results show that a reform-induced increase in GPA that is unrelated to ability...
Persistent link: https://www.econbiz.de/10013238643
This paper discusses the claim made in Altonji and Pierret (1997) and Lange (2005) that a high speed of employer learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence's original model and then evaluated in a simple extension of a...
Persistent link: https://www.econbiz.de/10013317436
The empirical literature on employer learning assumes that employers learn about unobserved ability differences across workers as they spend time in the labor market. This article describes testable implications that arise from this basic hypothesis and how they have been used to quantify the...
Persistent link: https://www.econbiz.de/10014237689
investigate evidence of IRS at the industry level. Using an econometric approach based on the estimation of the translog cost …. The model accounting for technology did not fit the data well for most sectors. The estimation results without time trend …
Persistent link: https://www.econbiz.de/10013124474
Estimates of the number of people living in extreme poverty, as reported by the World Bank, figure prominently in international development dialogue and policy. An assumption underpinning these poverty counts is that there are no economies of scale in household size a family of six needs three...
Persistent link: https://www.econbiz.de/10014244242
The quality of public management is a recurrent concern in many countries. Calls to attract the economyメs best and … brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and … ability is always higher in the private sector. As a result, relatively many of the more able managers self-select into the …
Persistent link: https://www.econbiz.de/10013147551
managers, coupled with bonuses based on their leadership rank among all leaders. Our intervention increased worker productivity …
Persistent link: https://www.econbiz.de/10014344730
-pecuniary (amenity) compensation. The model is estimated by maximum likelihood estimation using matched CEO-firm data from Denmark. We …
Persistent link: https://www.econbiz.de/10013406452