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Job Matching and the Returns to Educational Signals

Habermalz, Steffen - 2003

This paper develops a multi-period model, in which workers are matched with jobs according to imperfect educational signals and in which their subsequent productivities depend on both their inherent ability and on the quality of the job match. It outlines a sequential process, in which underpaid...

Persistent link: https://www.econbiz.de/10010261976

Earnings Dispersion, Risk Aversion and Education

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10010262728

Estimating complementarity between education and training

Belzil, Christian; Hansen, Jörgen; Kristensen, Nicolai - 2008

In this paper, we formulate and estimate a structural model of post-schooling training that explicitly allows for possible complementarity between initial schooling levels and returns to training. Precisely, the wage outcome equation depends on accumulated schooling and on the incidence of...

Persistent link: https://www.econbiz.de/10010269188

Modeling the signaling value of the GED with an application to an exogenous passing standard increase in Texas

Lofstrom, Magnus; Tyler, John - 2007

In this paper we develop a simple model of the signaling value of the GED credential. The model illustrates necessary assumptions for a difference-in-difference estimator, which uses a change in the GED passing standard, to yield unbiased estimates of the signaling value of the GED for marginal...

Persistent link: https://www.econbiz.de/10010268337

The GED

Heckman, James Joseph; Humphries, John Eric; Mader, … - 2010

test claims to establish equivalence between dropouts and traditional high school graduates, opening the door to college …

Persistent link: https://www.econbiz.de/10010274263

Graduate employment in the UK: an application of the Gottschalk-Hansen model

Grazier, Suzanne; O'Leary, Nigel C.; Sloane, Peter J. - 2008

of return to graduates or graduate markups show high returns, suggesting that demand has kept up with a rapidly rising … supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate … defines graduate jobs in terms of the proportion of graduates and/or the graduate earnings markup within occupations, we find …

Persistent link: https://www.econbiz.de/10010268793

Labour market mismatch among UK graduates: an analysis using REFLEX data

McGuinness, Seamus; Sloane, Peter J. - 2009

There is much disagreement in the literature over the extent to which graduates are mismatched in the labour market and … cast light on these issues, based on data for UK graduates. REFLEX examines the labour market status of graduates five …

Persistent link: https://www.econbiz.de/10010268963

Differences in Early Occupational Earnings of UK Male Graduates by Degree Subject: Evidence from the 1980-1993 USR

Bratti, Massimiliano; Mancini, Luca - 2003

This paper investigates the differences in early occupational earnings of UK male graduates by degree subject during …

Persistent link: https://www.econbiz.de/10010261604

A Comparison of the Human Capital and Signaling Models: The Case of the Self-Employed and the Increase in the Schooling Premium in the 1980?s

Lofstrom, Magnus - 2000

This paper utilizes the self-employed to analyze the observed increase in the educational earnings premium in the 1980?s. The paper compares the predictions of the signaling and human capital models in response to an exogenous demand shock such as a skill-biased technological change. Since the...

Persistent link: https://www.econbiz.de/10010262368

The Knowledge Lift : The Swedish Adult Education Program That Aimed to Eliminate Low Worker Skill Levels

Albrecht, James; van den Berg, Gerard J.; Vroman, Susan - 2005

The Swedish adult education program known as the Knowledge Lift is unprecedented in its size and scope, aiming to raise the skill level of all low-skilled workers towards the medium level. This paper evaluates the effects of program participation on individual labor market outcomes, notably...

Persistent link: https://www.econbiz.de/10010262217

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