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Unobserved Heterogeneity and Risk in Wage Variance : Does Schooling Provide Earnings Insurance?
Mazza, Jacopo - 2011
college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …
Persistent link: https://www.econbiz.de/10013129090
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Overeducation and Mismatch in the Labor Market
Leuven, Edwin - 2011
literature in which wages are regressed on years of overschooling, years of required schooling and years of underschooling is at …
Persistent link: https://www.econbiz.de/10013129097
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Trends in Quality-Adjusted Skill Premia in the United States, 1960-2000
Carneiro, Pedro Manuel - 2010
This paper presents new evidence that increases in college enrollment lead to a decline in the average quality of college graduates between 1960 and 2000, resulting in a decrease of 6 percentage points in the college premium. We show that although a standard demand and supply framework can...
Persistent link: https://www.econbiz.de/10013136303
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Maintaining (Locus of) Control? Assessing the Impact of Locus of Control on Education Decisions and Wages
Piatek, Remi - 2010
schooling ­ before the individual enters the labor market ­ does not significantly affect later wages after controlling for … control measures on wages, this indicates that it is important to distinguish between premarket skills and those that are …, thus indirectly affecting later wages. The paper conveys important policy implications. If some personality traits, such as …
Persistent link: https://www.econbiz.de/10013136485
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Differences by Degree : Evidence of the Net Financial Rates of Return to Undergraduate Study for England and Wales
Walker, Ian - 2010
This paper provides estimates of the impact of higher education qualifications on the earnings of graduates in the UK by subject studied. We use data from the recent UK Labour Force Surveys which provide a sufficiently large sample to consider the effects of the subject studied, class of first...
Persistent link: https://www.econbiz.de/10013136727
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Wage Effects of On-the-Job Training : A Meta-Analysis
Haelermans, Carla - 2011
A meta-analysis is used to study the average wage effects of on-the-job training. This study shows that the average reported wage effect of on-the-job training, corrected for publication bias, is 2.6 per cent per course. The analyses reveal a substantial heterogeneity between training courses,...
Persistent link: https://www.econbiz.de/10013118540
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Nash Bargaining and the Wage Consequences of Educational Mismatches
Hartog, Joop - 2012
The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...
Persistent link: https://www.econbiz.de/10013096772
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Do Literacy and Numeracy Pay Off? On the Relationship between Basic Skills and Earnings
Antoni, Manfred - 2012
Is there a reward for basic skills in the German labor market? To answer this question, we examine the relationship between literacy, numeracy and monthly gross earnings of full-time employed workers. We use data from the ALWA survey, augmented by test scores on basic cognitive skills as well as...
Persistent link: https://www.econbiz.de/10013099679
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The Wage Premium of Foreign Education : New Evidence from Australia
Chan, Gavin - 2012
We study whether Australian employers recognise immigrants' education acquired abroad, and if so how. Using data from the Longitudinal Surveys of Immigrants in Australia, we apply interval regression to model migrant hourly earnings. We find substantially higher returns from human capital...
Persistent link: https://www.econbiz.de/10013105424
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HIV, Wages, and the Skill Premium
Marinescu, Ioana Elena - 2012
urban manufacturing firms. The impact of HIV on average wages is positive but imprecisely estimated. In contrast, HIV has a … large positive impact on the skill premium. The impact of HIV on the wages of low skilled workers is insignificantly …
Persistent link: https://www.econbiz.de/10013108226