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Using detailed information on the career plans and earnings expectations of college business school seniors, we test the hypothesis that women who plan to work intermittently choose jobs with lower rewards to work experience in return for lower penalties for labor force interruptions. We find...
Persistent link: https://www.econbiz.de/10012776928
By reducing the commitment made by employers, fixed-term contracts can help low-skilled youth find a first job. However, the long-term impact of fixed-term contracts on these workers' careers may be negative. Using Spanish social security data, we analyze the impact of a large liberalization in...
Persistent link: https://www.econbiz.de/10012997880
We examine optimal retirement saving for young adults in a life cycle model. We find that for liquidity-constrained young adults who anticipate significant earnings growth, optimal retirement saving is zero. Specifically, we find that with a plausible wage profile for college-educated workers,...
Persistent link: https://www.econbiz.de/10014089470
training programs in the United States. Even with the aid of a randomized experiment, the impact of a training program on wages … that the program raised wages, consistent with the notion that the Job Corps raises earnings by increasing human capital …
Persistent link: https://www.econbiz.de/10013220006
Using data from the National Longitudinal Survey of Youth, this study examines whether employment by high school students improves or worsens economic attainment 6 to 9 years after the scheduled date of high school graduation. There is no indication that light to moderate job commitments ever...
Persistent link: https://www.econbiz.de/10013210684
This paper examines the effects of cocaine and marijuana use on the wages of a sample of young adults drawn from the … rather surprising results suggest that for this sample, increased use of marijuana or cocaine is associated with higher wages … observed positive relationship between drug use and wages. The results from this analysis do not support such a hypothesis …
Persistent link: https://www.econbiz.de/10013214601
, father's education, and wages for young men and their siblings from NLSY. We also examine the empirical implications of …
Persistent link: https://www.econbiz.de/10013244892
, father's education, and wages for young men and their siblings from NLSY. We also examine the empirical implications of …
Persistent link: https://www.econbiz.de/10014132896
The current expansion has shattered the length of the previous longest peace-time boom and brought unemployment rates below four percent in 44 percent of metropolitan areas. We estimate the expansion's impact on the labor market outcomes of less-educated men. We find that young men, especially...
Persistent link: https://www.econbiz.de/10013230588
The employment and earnings effects of the minimum wage are estimated by parameterizing an hypothesized relationship between underlying market employment and wage relationships versus observed wage and employment distributions in the presence of a legislated minimum. If there had been no minimum...
Persistent link: https://www.econbiz.de/10013230998