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Why Do We Ignore the Risk in Schooling Decisions?
Hartog, Joop; Diaz-Serrano, Luis - 2014
While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of heterogeneity and risk, surveys the analytical...
Persistent link: https://www.econbiz.de/10010352219
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Why Do We Ignore the Risk in Schooling Decisions?
Hartog, Joop; Diaz-Serrano, Luis - Institute for the Study of Labor (IZA) - 2014
While uncertainty abounds in almost any decision on investment in schooling, it is mostly ignored in research and virtually absent in labour economics text books. This paper documents the scope for risk, discusses the tough disentanglement of heterogeneity and risk, surveys the analytical...
Persistent link: https://www.econbiz.de/10010761640
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Unions, Work-Related Training, and Wages: Evidence for British Men
Francesconi, Marco; Booth, Alison L.; Zoega, Gylfi - 2003
coverage on work-related training and how the union-training link affects wages and wage growth for a sample of full-time men …
Persistent link: https://www.econbiz.de/10010261935
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Do Markets Favor Women?s Human Capital More than Planners?
Münich, Daniel; Svejnar, Jan; Terrell, Katherine - 2004
Using micro data on women in the Czech Republic, we compare returns to various measures of human capital at the end of communism (1989), in mid-transition (1996) and in late/posttransition (2002). We show: dramatic increases in returns to education from 1989 to 1996 but no change from 1996 to 2002;...
Persistent link: https://www.econbiz.de/10010262135
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The Promise of Workplace Training for Non-College-Bound Youth: Theory and Evidence from German Apprenticeship
Clark, Damon; Fahr, René - 2001
This paper assesses the potential of ?workplace training? with reference to German Apprenticeship. When occupational matching is important, we derive conditions under which firms provide ?optimal? training packages. Since the German system broadly meets these conditions, we evaluate the...
Persistent link: https://www.econbiz.de/10010262583
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Who Pays for General Training? New Evidence for British Men and Women
Booth, Alison L.; Bryan, Mark L. - 2002
forms of work-related training received by men and women over the period 1998-2000, and to estimate their impact on wages … estimate the impact of training – controlling for its financing method – on wages levels and wages growth. We find that … employer-financed training increases wages both in the current and future firms, with some evidence that the impact in future …
Persistent link: https://www.econbiz.de/10010262766
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Immigrant wages in the Spanish labour market: does the origin of human capital matter?
Sanromá, Esteban; Ramos, Raúl; Simón, Hipólito - 2009
countries and in Spain. It also examines the impact on wages of the legal status. The evidence shows that returns to host …
Persistent link: https://www.econbiz.de/10010269038
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Returns for entrepreneurs vs. employees: the effect of education and personal control on the relative performance of entrepreneurs vs. wage employees
van Praag, C. Mirjam; van Witteloostuijn, Arjen; van … - 2009
How valuable is education for entrepreneurs' performance as compared to employees'? What might explain any differences? And does education affect peoples' occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that education...
Persistent link: https://www.econbiz.de/10010277025
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Estimating the Returns to Schooling Using Cohort-Level Maternal Education as an Instrument
Winters, John V. - 2014
Community Survey to examine the effect of formal schooling on worker wages. Given the potential endogeneity of education … censuses. The instrumental variables results suggest that schooling has a significant positive effect on worker wages …. Specifically, an additional year or schooling is estimated to increase hourly wages by 10 percent for men and 12.6 percent for …
Persistent link: https://www.econbiz.de/10010468142
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Work and wage dynamics around childbirth
Ejrnæs, Mette; Kunze, Astrid - 2011
identification. On the return to work after the birth, mothers' wages drop by 3 to 5.7 per cent per year of leave. We find negative …
Persistent link: https://www.econbiz.de/10010286883