Showing 1 - 10 of 906
, and the relative pay of teachers -- on the rate of return to education for men born between 1920 and 1949. Using earnings … education in the region where they currently reside, and other factors. A decrease in the pupil-teacher ratio from 30 to 25, for … example, is associated with a 0.4 percentage point increase in the rate of return to education. The estimated relationship …
Persistent link: https://www.econbiz.de/10013243437
This paper uses a new survey to contrast the wages of genetically identical twins with different schooling levels … schooling increases wages by 16%, a higher estimate of the economic returns to schooling than has been previously found …
Persistent link: https://www.econbiz.de/10013230983
education and on success in the labor market. I use the large variation in curriculum across US high schools to identify the … effects on wages and educational attainment of specific courses of study. The main finding is that the return to additional …
Persistent link: https://www.econbiz.de/10013231212
The educational screening hypothesis states that beyond a certain point schooling functions as a signaling device to identify pre-existing talents. We test for the presence of screening by comparing the schooling and earnings of self-employed workers and of those employed by others in a sample...
Persistent link: https://www.econbiz.de/10013310256
We measure the effects of parental education on the education profile of wages. The analysis uses sibling pairs from … Women. We also use the variance across siblings in school characteristics to estimate the effects of school inputs on wages … holding family background constant. We obtained mixed evidence on whether parental education raises the return to education …
Persistent link: https://www.econbiz.de/10013228625
kinds of financial crises for four countries (Argentina, Australia, Canada, and the United States) over the long-run …
Persistent link: https://www.econbiz.de/10013020714
We study the effect of globalization on the volatility of wages and worker welfare in a model in which risk is … raising the volatility of their wages. We thus formalize, but also sharply circumscribe, a common critique of globalization … allocated through long-run employment relationships (the 'invisible handshake'). Globalization can take two forms: International …
Persistent link: https://www.econbiz.de/10013152563
features aggregate unemployment and jobs that pay different wages to identical workers. Simulations show that, for reasonable …
Persistent link: https://www.econbiz.de/10012760076
treatment of globalization can help. CPI inflation has become more synchronized around the world since the 2008 crisis, but core … role for all the inflation measures, although globalization has caused some “flattening” of this relationship, especially …
Persistent link: https://www.econbiz.de/10012858797
We suggest that the impact of globalization on wages has been missed because its effects must be captured by analyzing … occupational exposure to globalization. In this paper, we extend our previous work to include recent years (2003-2008), a period of … effects of globalization, with offshoring to low wage countries and imports both associated with wage declines for US workers …
Persistent link: https://www.econbiz.de/10013026297