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Overeducation and Skill Endowments The Role of School Achievement and Vocational Training Quality
Büchel, Felix; Pollmann-Schult, Matthias - 2001
Thurow?s job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...
Persistent link: https://www.econbiz.de/10010262544
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Does Education Reduce Wage Inequality? Quantile Regressions Evidence from Fifteen European Countries
Pereira, Pedro Telhado; Martins, Pedro Silva - 2000
– Germany and Greece. We thus find that in most countries dispersion in earnings increases with educational levels and that …
Persistent link: https://www.econbiz.de/10010262344
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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 …, but find no evidence for these explanations. We conjecture that the result might be due to the fact that the basic skills …
Persistent link: https://www.econbiz.de/10010277103
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The risk-return trade-off in human capital investment
Christiansen, Charlotte; Schrøter Joensen, Juanna; … - 2006
In this paper we analyze investments in human capital assets in a way which is standard for financial assets, but not (yet) for human capital assets. We study mean-variance plots of human capital assets. We compare the properties of human capital returns using a performance measure and by using...
Persistent link: https://www.econbiz.de/10010276649
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Are returns to education on the decline in Venezuela and does mission sucre have a role to play?
Gonzales, Naihobe; Uwaifo Oyelere, Ruth - 2009
There is anecdotal evidence that the standard of living for the educated has fallen in Venezuela over the last few years. This evidence comes as a surprise because after experiencing an economic downturn in 2002 and 2003, Venezuela's economy has boomed (gross domestic product growth has hovered...
Persistent link: https://www.econbiz.de/10010269036
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The Complementarity of Language and Other Human Capital: Immigrant Earnings in Canada
Chiswick, Barry R.; Miller, Paul W. - 2002
complementarity between language skills and both schooling and preimmigration experience. That is, greater proficiency in the official …
Persistent link: https://www.econbiz.de/10010262796
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The Elusive Concept of Immigrant Quality: Evidence from 1970-1990
Duleep, Harriet Orcutt; Regets, Mark C. - 2002
opportunity for faster human capital investment and earning growth. In addition, many country-of-origin acquired skills that are … not immediately valued in the U.S. labor market are useful to the acquisition of U.S. skills. Thus entry earnings are not …
Persistent link: https://www.econbiz.de/10010262373
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Is there a Return-Risk Link in Education?
Pereira, Pedro Telhado; Martins, Pedro Silva - 2001
Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this...
Persistent link: https://www.econbiz.de/10010262526
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Firm-Specific Human Capital: A Skill-Weights Approach
Lazear, Edward P. - 2003
?skill-weights? view, allows all skills to be general in that there are other firms that use the each of the skills. But …
Persistent link: https://www.econbiz.de/10010261549
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The Returns to Education in Italy: A New Look at the Evidence
Lucifora, Claudio; Comi, Simona; Brunello, Giorgio - 2000
The purpose of this paper is to provide an update of the empirical evidence on the private returns to education in Italy. First, we show that, whilst returns to education in Italy (based on gross wages) are in line with the European average, educational attainment is generally much lower...
Persistent link: https://www.econbiz.de/10010262349