This study compares the determinants of productivity and wages at both firm and worker level. In the firm …

recent graduates in the area after they finish their education. This paper classifies 41 U.S. metropolitan areas as college … experience less favorable employment outcomes along multiple dimensions. On average, stayers earn lower annual and hourly wages …

separating level of education does not depend on the observability of workers' types. On the other hand, when workers are also … uncertain about their productivity, the separating level of education is ambiguously related to the speed of employer learning. …

We construct and estimate by maximum likelihood an equilibrium search model where wages are set by Nash bargaining and … Survey data on accepted wages and employment durations. We show that it captures almost perfectly the joint distribution of … wages and job spells. We find that the rate of learning-by-doing has an important positive effect on aggregate output and a …

criteria can ration visas on one or more characteristics that enhance labor market earnings (e.g., education), or on …

signal of productivity, and duration of unemployment may be positively related to post-laid-off wages even among workers who …

Parents with higher education levels have children with higher education levels. However, is this because parental … education actually changes the outcomes of children, suggesting an important spillover of education policies, or is it merely … that more able individuals who have higher education also have more able children? This paper proposes to answer this …

We test for the signalling hypothesis versus human capital theory using the Wiles test (1974) in a country which has …-2005. We find that only the HEI graduates obtain a wage premium from skills acquired in the course of formal education. This …

We show that U.S. manufacturing wages during the Great Depression were importantly determined by forces on firms …