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Overeducation and Skill Endowments The Role of School Achievement and Vocational Training Quality
Büchel, Felix; Pollmann-Schult, Matthias - 2001
theory in a more sophisticated manner, by means of a more differentiated survey of the skill endowments of workers. Our …
Persistent link: https://www.econbiz.de/10010262544
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How general is human capital? A task-based approach
Gathmann, Christina; Schönberg, Uta - 2007
This paper studies how portable skill accumulated in the labor market are. Using rich data on tasks performed in occupations, we propose the concept of task-specific human capital to measure the transferability of skills empirically. Our results on occupational mobility and wages show that labor...
Persistent link: https://www.econbiz.de/10010268280
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Job search, human capital and wage inequality
Carrillo-Tudela, Carlos - 2012
The objective of this paper is to construct and quantitatively assess an equilibrium search model with on-the-job search and general human capital accumulation. In the model workers enter the labour market with different abilities and firms differ in their productivities. Wages are dispersed...
Persistent link: https://www.econbiz.de/10010290001
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How fast do wages adjust to human-capital productivity? Dynamic panel-data evidence from Belgium, Denmark and Finland
Andini, Corrado - 2009
The standard human-capital model is based on the assumption that the observed wage of an individual is equal to the monetary value of the individual net human-capital productivity, the so-called net potential wage. We argue that this assumption is rejected by the ECHP data for Belgium, Denmark...
Persistent link: https://www.econbiz.de/10010271292
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Worker productivity and wages: Evidence from linked employer-employee data
Lopes, Ana Sofia; Teixeira, Paulino - 2012
This study compares the determinants of productivity and wages at both firm and worker level. In the firm-level analysis, we follow Hellerstein, Neumark and Troske (1999) and provide improved estimates based on an extended set of covariates including the intensity of firm-provided training. In...
Persistent link: https://www.econbiz.de/10010291452
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Human capital externalities with monopsonistic competition
Kaas, Leo - 2008
This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model of monopsonistic competition. Multiple equilibria arise because of a strategic complementarity in investment decisions.
Persistent link: https://www.econbiz.de/10010268776
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Firm-Specific Human Capital: A Skill-Weights Approach
Lazear, Edward P. - 2003
One problem with the theory of firm-specific human capital is that it is difficult to generate convincing examples of …
Persistent link: https://www.econbiz.de/10010261549
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Employer Learning and Schooling-Related Statistical Discrimination in Britain
Galindo-Rueda, Fernando - 2003
This paper develops and tests a new model of asymmetric information in the labour market involving employer learning. In the model, I provide theoretical conditions for the identification – based on the experience and tenure profiles of estimated returns to ability and education – of...
Persistent link: https://www.econbiz.de/10010262759
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Transferability of human capital and immigrant assimilation: an analysis for Germany
Basilio, Leilanie; Bauer, Thomas K. - 2010
capital portability to the explanation of the immigrant-native wage gap. Using data for West Germany, our results reveal that … returns than human capital obtained in Germany. We further find evidence for heterogeneity in the returns to human capital of …
Persistent link: https://www.econbiz.de/10010271804
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Zero returns to compulsory schooling in Germany: evidence and interpretation
Pischke, Jörn-Steffen; von Wachter, Till - 2005
the range of 10 to 15 percent. We find no return to compulsory schooling in Germany in terms of higher wages. We … investigate whether this is due to labor market institutions or the existence of the apprenticeship training system in Germany … most relevant for the labor market are learned earlier in Germany than in other countries. …
Persistent link: https://www.econbiz.de/10010277103