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Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output … duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … can explain that despite an increase in human capital in both sectors, there is still a gap in productivity. In other …
Persistent link: https://www.econbiz.de/10012057419
This paper assesses the trade-off between acquiring specialized skills targeted for a particular occupation and acquiring a package of skills that diversifies risk across occupations. Individual-level data on college credits across subjects and labor-market dynamics reveal that diversification...
Persistent link: https://www.econbiz.de/10010292281
This paper incorporates assignment frictions and sector-specific training into the Roy model of occupational choice. Assignment frictions represent the extent of the market whereas differences in sector-specific training reflect worker specialization. This framework thus captures Adam Smith's...
Persistent link: https://www.econbiz.de/10010292365
Little is known about the payoffs to apprenticeship training in the German speaking countries for the participants. OLS estimates suggest that the returns are similar to those of other types of schooling. However, there is a lot of heterogeneity in the types of apprenticeships offered, and...
Persistent link: https://www.econbiz.de/10010294568
In this paper we investigate how fertility decisions respond to unex- pected career interruptions which occur as a consequence of job displace- ment. Using an event study approach we compare the birth rates of dis- placed women with those of women una®ected by job loss after establish- ing the...
Persistent link: https://www.econbiz.de/10010294850
We study the effect of job displacement on fertility in a sample of white collar women in Austria. Using instrumental variables methods we show that unemploy- ment incidence as such has no negative effect on fertility decisions, but the very fact of being displaced from a career-oriented job...
Persistent link: https://www.econbiz.de/10010294869
Little is known about the response behavior of parents whose children are exposed to an early-life shock. We interpret the prenatal exposure of the Austrian 1986 cohort to radioactive fallout from the Chernobyl accident as a negative human capital shock and examine their parents' response...
Persistent link: https://www.econbiz.de/10011310794
economics PhD graduates' research productivity. We analyze the period between 1987 and 1996 and find that favorable conditions … at the time of academic job search have a positive effect on research productivity (measured in numbers of publications … graduate school affects female research productivity negatively, but male productivity positively. These findings are …
Persistent link: https://www.econbiz.de/10010321472
This is a theoretical study of human-capital accumulation, where parental, as well as public investments are essential. Policy influence rich and poor parents differently when they make educational decisions. Rich parents allocate resources efficiently between physical bequests and educational...
Persistent link: https://www.econbiz.de/10010321766
We analyze the early U.S. economic achievement of former Soviet citizens entering the United States during the period 1979 through 1985. Using the Soviet Interview project (SIP) data, we identify components of human capital acquired in the former Soviet Union (FSU), relating these to labor force...
Persistent link: https://www.econbiz.de/10010334332