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composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …
Persistent link: https://www.econbiz.de/10010262787
Over the 1948–2013 period, many factors significantly impacted on human capital, which in turn affected economic growth in the United States. This chapter analyzes these factors within a complete national income accounting system which integrates Jorgenson-Fraumeni human capital into the...
Persistent link: https://www.econbiz.de/10012269917
In the 1960 cohort, American men and women graduated from college at the same rate, and this was true for Whites, Blacks and Hispanics. But in more recent cohorts, women graduate at much higher rates than men. To understand the emerging gender education gap, we formulate and estimate a model of...
Persistent link: https://www.econbiz.de/10014469471
sector, high unemployment for educated youth, weak private sector dependent on government welfare for their survival, rapid …
Persistent link: https://www.econbiz.de/10010329175
sudden increase in labour force participation and unemployment during this period. However, since these individuals would … in unemployment signifies a more accurate reflection of disguised unemployment that already existed in the mid-1990s …
Persistent link: https://www.econbiz.de/10010319427
Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general equilibrium setting, the underlining mechanism works...
Persistent link: https://www.econbiz.de/10010291388
. Labour market institutions also influence unemployment rates in different ways. Unemployment benefits are found to have a …We analyse the effects of demographic and education changes on unemployment rates in Europe. Using a panel of European … individuals, in general, experience lower unemployment rates, changes in the population age structure appear to be positively …
Persistent link: https://www.econbiz.de/10010267367
learn from experience is itself affected by economic institutions. A society which does not trust markets is more likely to … institutions reinforce each other in slowing or preventing people from learning the correct underlying parameters. …
Persistent link: https://www.econbiz.de/10010271321
Many developing countries exhibit a puzzling pattern given their scarce human capital: unemployment rates increase with … education. We develop and estimate a model where educated unemployment arises from heterogeneous workers participating in a … explain around two-thirds of educated unemployment in urban Burkina Faso and one-quarter in Senegal. We then simulate three …
Persistent link: https://www.econbiz.de/10013470484
This study examines the impact of enrolling into dual apprenticeship programs in secondary education on six early employment outcomes. Our contribution to the literature is threefold. First, we estimate – within the same, Belgian secondary education framework – the effects of two distinct...
Persistent link: https://www.econbiz.de/10011984571