Showing 1 - 10 of 1,493
We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets....
Persistent link: https://www.econbiz.de/10014468295
, employment, wages, and access to transportation and credit in adulthood, using household fixed effects models to control for …
Persistent link: https://www.econbiz.de/10014486195
Recent research concludes that wage returns to cognitive skills have declined in the U.S. We reassess this finding. Using decomposition methods, we document the pivotal role played by dynamic shifts in the distributions of pre-labor market cognitive skills. Our findings show these shifts explain...
Persistent link: https://www.econbiz.de/10014512083
Performance pay in general amounts to only a small fraction of total pay. In this paper, we show that performance pay is nevertheless important for the level and dynamics of wages over the life cycle because of the incentives it indirectly provides for human capital acquisition and because of...
Persistent link: https://www.econbiz.de/10013334409
Innovation booms are often fueled by easy financing that allows new technology firms to pay high wages that attracts skilled labor. Using the late 1990s Information and Communication Technology (ICT) boom as a laboratory, we show that skilled labor joining this new sector experienced sizeable...
Persistent link: https://www.econbiz.de/10014447332
reallocation of different workers across tasks and into employment. This ensures that there nearly always exists some combination … of task-specific demand shocks that induce aggregate employment and wages to negatively comove even in a frictionless … show that a frictionless model with realistic heterogeneity can replicate the mean wage increase and employment collapse of …
Persistent link: https://www.econbiz.de/10013210080
labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the … employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact …
Persistent link: https://www.econbiz.de/10012464796
, will have large effects on the pattern of employment across different sectors of the economy and will require a substantial …
Persistent link: https://www.econbiz.de/10012470075
. Using official county-level voting data and a variety of OLS and TSLS models, we find that increases in wages and employment … increases in employment lead to less use of the media and reduced political knowledge, and present associational individual …
Persistent link: https://www.econbiz.de/10012461387
This study exploits experimental variation in parent human capital (early-life school-based deworming) and a shock to schooling (extended Covid closures) to estimate how these factors interact in the production of child human capital within a sample of 3,500 Kenyan 3-8 year olds. Parents with...
Persistent link: https://www.econbiz.de/10014576646