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I examine the extent to which the returns to college majors are influenced by selective migration and occupational choice across locations in the US. To quantify the role of selection, I develop and estimate an extended Roy model of migration, occupational choice, and earnings where, upon...
Persistent link: https://www.econbiz.de/10012239055
Among college-educated workers in the United States, the ratio of immigrants grew by 11 percentage points between 1960 and 2010, with a prevalence in science and engineering (SE) occupations. To analyze the impact of college-educated immigrants, I build and estimate an equilibrium model of labor...
Persistent link: https://www.econbiz.de/10012841102
Persistent link: https://www.econbiz.de/10014555929
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10011411833
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10013320490
have substantial effects on wages and income inequality. Urban costs play an important role for locational and economic … with endogenous markups on wages and selection. With increasing commuting technology only more productive and less firms … survive. Firms have higher costs because they have to pay higher wages to compensate workers for the higher urban costs …
Persistent link: https://www.econbiz.de/10011441483
late college graduation on early life-cycle wages. Our estimates indicate it moved from a 4% penalty per year of delay to …
Persistent link: https://www.econbiz.de/10012237798
There has been a rising interest in understanding better the impact of college choices on wages, an interest motivated …
Persistent link: https://www.econbiz.de/10014198286
Understanding the economic payoff to human investments is very important from the standpoint both of individuals and of society. Correctly estimating these impacts necessitates having a well-developed idea of the microeconomic determinants of human behavior. Without this, empirical analyses of...
Persistent link: https://www.econbiz.de/10014046242
Understanding the economic payoff to human investments is very important from the standpoint both of individuals and of society. Correctly estimating these impacts necessitates having a well-developed idea of the microeconomic determinants of human behavior. Without this, empirical analyses of...
Persistent link: https://www.econbiz.de/10014207081