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Do wages really compensate for risk aversion and skewness affection?

Hartog, Joop; Vijverberg, Wim P. M. - 2002

the compensation paid. In particular, because the degree of risk aversion ought to decrease with income, people should …

Persistent link: https://www.econbiz.de/10011405939

Do wages really compensate for risk aversion and skewness affection?

Hartog, Joop; Vijverberg, Wim P. M. - 2002

Persistent link: https://www.econbiz.de/10001672508

Mincer earnings functions for the Netherlands 1962-2012

Hartog, Joop; Gerritsen, Sander - 2016

We extract estimation results on the Mincer earnings function from four earlier studies and add new results from a recent dataset. We analyse differences related to differences in earnings concepts, in sampling frame and differences among studies that cannot be explained. Jointly, the studies...

Persistent link: https://www.econbiz.de/10011416388

Starting wages respond to employer's risk

Berkhout, Peter; Hartog, Joop; Ophem, Hans van - 2009

Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education as an indicator of the unobserved heterogeneity that...

Persistent link: https://www.econbiz.de/10011378868

Changing returns to education in Portugal during the 1980s and early 1990s : OLS and quantile regression estimators

Hartog, Joop; Pereira, Pedro Telhado; Vieira, José … - 1999

This paper examines the evolution of the returns to education in Portugal over the 1980s andearly 1990s. The main findings indicate that the returns to education have increased,particularly after joining the European Union in 1986. Since this occurred along with anincrease in the level of...

Persistent link: https://www.econbiz.de/10011300558

Optimal redistributive taxation and provision of public input goods in an economy with outsourcing and unemployment

Aronsson, Thomas (contributor); Koskela, Erkki (contributor) - 2008

This paper concerns optimal redistributive income taxation and provision of a public input good in a two-type model …-selection constraint and the incentive to increase employment among the low-skilled reinforce each other in terms of marginal income …

Persistent link: https://www.econbiz.de/10003791808

Optimal income taxation : outsourcing and policy cooperation in a dynamic economy

Aronsson, Thomas; Koskela, Erkki - 2009

This paper concerns optimal income taxation in a two-country OLG economy, where each country is characterized by … implementing a more progressive labor income tax structure and higher marginal capital income tax rates than it would have done in … capacity is, in general, ambiguous and depends on a tradeoff between wage-equality and factor income from abroad. By using the …

Persistent link: https://www.econbiz.de/10003883854

Outsourcing, public input provision and policy cooperation

Aronsson, Thomas; Koskela, Erkki - 2009

This paper concerns public input provision as an instrument for redistribution under international outsourcing by using a model-economy comprising two countries, North and South, where firms in the North may outsource part of their low-skilled labor intensive production to the South. We consider...

Persistent link: https://www.econbiz.de/10003932133

Outsourcing, public input provision and policy cooperation

Aronsson, Thomas; Koskela, Erkki - 2009

Persistent link: https://www.econbiz.de/10003923255

Nash bargaining and the wage consequences of educational mismatches

Hartog, Joop; Sattinger, Michael - 2012

The paper provides a theoretical foundation for the empirical regularities observed in estimations of wage consequences of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers with the same education...

Persistent link: https://www.econbiz.de/10009672284