Showing 1 - 10 of 35
This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....
Persistent link: https://www.econbiz.de/10010262541
We use cohort data from 11 European countries to study whether experience profiles differ by educational attainment. Previous literature does not provide a clear answer to this question, that is important to evaluate private returns to education over the working life of individuals. We find...
Persistent link: https://www.econbiz.de/10010262356
This paper attempts to add to the understanding of the causes for the differing recent developments in inequality in OECD countries. The similarity of shocks and technological changes affecting these countries suggests that interactions of these shocks and countryspecific institutions are...
Persistent link: https://www.econbiz.de/10010262516
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10010280676
due to nominal, but mostly real wage rigidity is substantial. The extent of real rigidity rises with inflation, whereas … the opposite holds for nominal rigidity. Overall, the incidence of wage rigidity, which accelerates unemployment growth …, is most likely minimized in an environment with moderate inflation. …
Persistent link: https://www.econbiz.de/10010271824
Expected earnings and expected returns to education are seen by labor economists as a major determinant of educational attainment. In spite of this, the empirical knowledge about expectations and their formation is scarce. In this paper we report the results of the first systematic study of the...
Persistent link: https://www.econbiz.de/10010262505
Incentive schemes affect performance and priorities of agents but, in reality, they can be complicated even for simple tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest in quantity and quality of output. We use data from...
Persistent link: https://www.econbiz.de/10010282221
accurate data set for Germany. Their results are confirmed and found to be surprisingly robust. Second, the matching framework …
Persistent link: https://www.econbiz.de/10010262525
the interactions of regional labor markets in West Germany is highlighted in several dimensions. We test for spatial … autocorrelation in regional hires, unemployment and vacancy levels, we examine the patterns of new matches in regions, identify … variation in unemployment rates, combined with little inter-regional migration. We find evidence in favor of labor market …
Persistent link: https://www.econbiz.de/10010262709
I use the European Community Household Panel to ask whether unemployment affects the relationship between education and … from the experience of unemployment. This result partially compensates the fact that more education reduces the incidence … of unemployment: unemployment is less likely among the better educated, but its occurrence has more sizeable effects on …
Persistent link: https://www.econbiz.de/10010262517