This paper investigates the method of matching regarding two crucial implementation choices, the distance measure and … the type of algorithm. We implement optimal full matching a fully efficient algorithm and present a framework for … that decisions regarding the matching algorithm depend on the structure of the data: In the case of strong selection into …

This paper investigates the method of matching regarding two crucial implementation choices, the distance measure and … the type of algorithm. We implement optimal full matching - a fully efficient algorithm - and present a framework for … that decisions regarding the matching algorithm depend on the structure of the data: In the case of strong selection into …

. This process is then assumed to follow a matching of equals among equals. Using rich data from Germany and Denmark we fully … confirm a matching on qualification levels for high-skilled employees, partially for medium-skilled employees but not for low …

's. The paper compares the predictions of the signaling and human capital models in response to an exogenous demand shock … hypotheses are derived. The findings suggest that the signaling model may indeed predict the observed changes in the schooling …

on \textit{perceived} signaling and human capital effects. We elicit counterfactual labor market expectations for the … exploiting within-individual variation, we document sizeable expected labor market returns from signaling, whereas perceived …