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in training participation between high- and low-skill workers is smaller within these firms. To understand the aggregate …This paper establishes that the rise in employer-provided training due to technological change has dampened the college … wage premium. Using unique survey micro-data, I show that hightechnology firms provide more training overall, but the gap …
Persistent link: https://www.econbiz.de/10014635196
Good understanding on the human capital externalities is important for both policy makers and social science researchers. Economists have speculated for at least a century that the social returns to education may exceed the private returns. In this paper, using the longitudinal data from China...
Persistent link: https://www.econbiz.de/10009733074
estimating the returns to schooling using actual data. …
Persistent link: https://www.econbiz.de/10009723860
Persistent link: https://www.econbiz.de/10012939958
The total social benefits of college education exceed the private benefits because the government receives a share of the monetary returns in the form of income taxes. We study the policy implications of this fiscal externality in an optimal dynamic tax framework. Using a variational approach we...
Persistent link: https://www.econbiz.de/10011491864
In 2014, the government of Colombia launched a unique meanstested and merit-based scholarship program called Ser Pilo Paga. We examine the effects of this scholarship on student performance on the country's university exit exam and other educational outcomes. Exploiting thresholds for...
Persistent link: https://www.econbiz.de/10014385031
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/10009298597
example, report contradictory effects of education and compulsory schooling on mortality – ranging from zero to large … mortality reductions. Using data from 19 compulsory schooling reforms implemented in Europe during the twentieth century, we … compulsory education both in the shorter and longer run. In contrast, compulsory schooling reforms have little or no effect on …
Persistent link: https://www.econbiz.de/10011489910
The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in … change. The proposed framework offers a novel explanation for the observed divergence of unemployment rates across economies … adoption. The results of the paper challenge the popular, but controversial, view that blames generous unemployment insurance …
Persistent link: https://www.econbiz.de/10011489796
German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical)unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …
Persistent link: https://www.econbiz.de/10011490127