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Increasing earnings inequality has been an important feature of the US and UK labour markets in recent years. The increase appears to be related to an increased demand for skilled labour and an increase in the returns to education. In this paper we examine what has happened to earnings...
Persistent link: https://www.econbiz.de/10010262376
these factors, differences in commuting distance plays the most important role. In France, though, longer commuting …
Persistent link: https://www.econbiz.de/10010319593
People spend a lot of time commuting and often find it a burden. According to economics, the burden of commuting is … direct test of this strong notion of equilibrium, we find that people with longer commuting time report systematically lower … this 'commuting paradox'. …
Persistent link: https://www.econbiz.de/10010262027
market risk by commuting to adjacent regions. Since commuters own wage claims to output produced in adjacent regions, the …
Persistent link: https://www.econbiz.de/10010268779
commuting time has any effect on worker's labour market supply. Using the Spanish Time Use Survey 2002-03, our GMM/IV estimation … yields a positive causal impact of commuting time on the time devoted to the labour market, with one hour of commuting … between commuting and workers behaviour, since daily labour supply should be considered in theoretical models to provide a …
Persistent link: https://www.econbiz.de/10010278752
There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates 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...
Persistent link: https://www.econbiz.de/10010268793
This paper examines the incidence of the mismatch of the educational attainment and the occupation of employment, and the impact of this mismatch on the earnings, of high-skilled adult male immigrants in the US labor market. Analyses for high-skilled adult male native-born workers are also...
Persistent link: https://www.econbiz.de/10010269380
Although theory predicts that international trade will decrease the relative demand for skilled workers in relatively skill-deficit countries, in recent decades many developing countries have experienced rising wage premiums for skilled workers. We examines this puzzle by quantifying the...
Persistent link: https://www.econbiz.de/10010269848
Over the past two decades, technological progress has been biased towards making skilled labor more productive. What does skill-biased technological change imply for business cycles? To answer this question, we construct a quarterly series for the skill premium from the CPS and use it to...
Persistent link: https://www.econbiz.de/10010276400
The decision to take more education is complex, and is influenced by individual ability, financial constraints, family background, preferences, etc. Such factors, normally unobserved by the researcher, introduce endogeneity and heterogeneity problems into estimating the returns to education. In...
Persistent link: https://www.econbiz.de/10010261552