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of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection … determinant for performance differentials within cohorts. We find that the optimal policy is pro-competitive at later selection … occur at early stages, where selection is either counter-competitive (i.e. individuals with low skill signals are selected …
Persistent link: https://www.econbiz.de/10010282330
estimate a panel data model where immigrants can choose whether to stay or leave a country. The model is estimated using the … German Socio-Economic Panel (GSOEP). Outmigrants are found to have significantly lower labor market earnings and work …
Persistent link: https://www.econbiz.de/10010261828
on panel data and, departing from usual practice, allow the public wage markup to vary over time. We also provide one of … men) are essentially the result of selection. After controlling for unobserved heterogeneity, only small pay differences …
Persistent link: https://www.econbiz.de/10010268673
selection effects. Main focus is on accelerated duration models and the estimators that are of the limited information type, i ….e. they are not based on a fully specified selection model. The estimators are instrumental variable adaptations to the Powell … significantly longer times outside the unemployment state. There are strong indications of selection effects. …
Persistent link: https://www.econbiz.de/10010262324
received much attention, but is consistent with many of the facts, is selection. Managers and industry specialists may have … compensation in the form of variable pay. The selection or sorting explanation is consistent with the low elasticities of pay to …
Persistent link: https://www.econbiz.de/10010262719
is attributable both to its incentive effect and to its selection effect among employees (Lazear, 2000), it is important …
Persistent link: https://www.econbiz.de/10010267611
Why do some people become entrepreneurs (and others don't)? Why are firms so heterogeneous, and many firms so small? To start, the paper briefly documents evidence from the empirical literature that the relationship between entrepreneurship and education is U-shaped, that many entrepreneurs...
Persistent link: https://www.econbiz.de/10010269273
The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...
Persistent link: https://www.econbiz.de/10010269590
Measuring the gain in income from migration is complicated by non-random selection of migrants from the general …
Persistent link: https://www.econbiz.de/10010275877
This paper looks at potential implications emerging from including shares as a control variable in fixed effect estimations. By shares I refer to the ratio of a sum of units over another, such as the share of immigrants in a city or school. As will be shown in this paper, a logarithmic...
Persistent link: https://www.econbiz.de/10010274619