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The Impact of Education on Unemployment Incidence and Re-Employment Success : Evidence from the U.S. Labour Market

Riddell, W. Craig - 2011

This study investigates the causal effects of education on individuals' transitions between employment and unemployment, with particular focus on the extent to which education improves re-employment outcomes among unemployed workers. Given that positive correlations between education and labour...

Persistent link: https://www.econbiz.de/10013128216

Education, Neighbourhood Effects and Growth : An Agente-Based Approach

Araújo, Tanya; St. Aubyn, Miguel - 2008

Endogenous, ideas-led growth theory and the literature on agent-based modeling with neighborhood effects are crossed. In an economic overlapping generations framework, it is shown how social interactions and neighborhood effects are of vital importance in the endogenous determination of the long...

Persistent link: https://www.econbiz.de/10014216486

Nonlinearity in the Return to Education

Trostel, Philip A.; CEMA, Universidad del - 2005

This study estimates marginal rates of return to investment in schooling in 12 countries. Significant systematic nonlinearity in the marginal rate of return is found. In particular, the marginal rate of return is increasing significantly at low levels of education, and decreasing significantly...

Persistent link: https://www.econbiz.de/10014062692

Unobserved Bilateral Search on the Labor Market : A Theory-Based Correction for a Common Flaw in Empirical Matching Studies

Sunde, Uwe - 2021

. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies … testing for constant returns of the matching function. The theoretical model presented allows to predict the direction of the …

Persistent link: https://www.econbiz.de/10013320483