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There is evidence that experience premium differs across industries. We propose a theoretical model for explaining these differences. We assume that labor mobility brings external knowledge to the firm, which increases its productivity. We find that industry experience premium is decreasing in...
Persistent link: https://www.econbiz.de/10005022365
There is a vast literature on intergenerational mobility in sociology and economics. Similar interest has emerged for the phenomenon of over-education in both disciplines. There are no studies, however, linking these two research lines. We study the relationship between social mobility and...
Persistent link: https://www.econbiz.de/10010895707
In this paper we investigate the determinants of regret of study program for university graduates in Spain and the Netherlands. These two countries differ in their educational system in terms of their educational tracking in secondary education level and the strength of their education-labor...
Persistent link: https://www.econbiz.de/10010895708
Persistent link: https://www.econbiz.de/10008417521
This paper offers a new explanation for the empirically observed inter-industry wage variation. We represent an industry by a small open economy with inter-firm labor mobility. Each industry is characterized by a degree of learning-by-doing, learning-by-hiring, inter-firm mobility costs and...
Persistent link: https://www.econbiz.de/10005481974
There is evidence that experience premium differs across industries. We propose a theoretical model for explaining these differences. We assume that labor mobility brings external knowledge to the firm, which increases its productivity. We find that industry experience premium is decreasing in...
Persistent link: https://www.econbiz.de/10008487947
The paper looks at the link between human capital and regional economic performance in the EU. Using indicators of educational stock, the matching of educational supply and labour demand, and migration extracted from the European Community Household Panel (ECHP), it identifies that the economic...
Persistent link: https://www.econbiz.de/10010741244
Drawing on a very rich data set from a recent cohort of PhD graduates, we examine the correlates and consequences of qualification and skills mismatch. We show that job characteristics such as the economic sector and the main activity at work play a fundamental direct role in explaining the...
Persistent link: https://www.econbiz.de/10010942708
In this paper we investigate the dynamics of European government bond market integration during the financial crisis and, subsequently, during the European sovereign debt crisis. Based on the approach developed by Bae et al. (2003), we adopt an intuitive measure of integration: the higher the...
Persistent link: https://www.econbiz.de/10010942709
Persistent link: https://www.econbiz.de/10010942710