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The relationship between unemployment benefit duration, unemployment duration and subsequent job duration is investigated using a multi-state duration model with state specific unobserved heterogeneity. I allow maximum benefit duration to be correlated with unemployment duration as well as...
Persistent link: https://www.econbiz.de/10010262341
experienced in labor market earnings through wage dispersion and employment rate dispersion. We find a low degree of relative risk … low degree of risk aversion implies that an increase in earnings dispersion would have little effect on schooling …
Persistent link: https://www.econbiz.de/10010262728
18 studies using data from 20 highly developed, developing, and less developed countries document that average wages in exporting firms are higher than in non-exporting firms from the same industry and region. The existence of these so-called exporter wage premia is one of the stylized facts...
Persistent link: https://www.econbiz.de/10010261930
Research in wage differentials has a long tradition. Prominent reasons why people make more or less money in the labor market include personal characteristics of the employee (e.g., human capital or gender), job characteristics (working conditions demanding compensating wage differentials), and...
Persistent link: https://www.econbiz.de/10010262131
Empirical investigations with enterprise level data from official statistics often use the average wage as a proxy variable for the qualification of the workforce, mostly due to the lack of detailed information on the qualification of the employees. This paper uses unique newly available data...
Persistent link: https://www.econbiz.de/10010282156
endowment variables (age, schooling and tenure). It may be viewed as a series of promotion probabilities which become smaller as … promotion is inversely related to accumulated human capital (schooling and tenure). We believe that these findings are …
Persistent link: https://www.econbiz.de/10010261773
We estimate a structural dynamic programming model of schooling decisions with unobserved heterogeneity in school ability and market ability on a sample taken from the National Longitudinal Survey of Youth (NLSY). Both the instantaneous utility of attending school and the wage regression...
Persistent link: https://www.econbiz.de/10010262733
Using a dynamic programming model of schooling decisions, we investigate the relationship between subjective discount rates and the labor market ability (the discount rate bias) on a panel taken from the National Longitudinal Survey of Youth (NLSY). Given household human capital and Armed Forces...
Persistent link: https://www.econbiz.de/10010262285
This paper considers labor market adjustments following a large import shock in the German clothing industry caused by the phasing out of the Multi-Fibre Arrangement. Using the German shoe industry as a control group and administrative data, we study adjustments on the individual and firm level...
Persistent link: https://www.econbiz.de/10010269526
causal effect of current and past transitions in reporting level and past earnings growth on components of current earnings … and earnings growth using a large panel of US executives. After conditioning on unobserved heterogeneity, current …
Persistent link: https://www.econbiz.de/10010267385