We survey the literature on the Risk Augmented Mincer equation that seeks to estimate the compensation for uncertainty in the future wage to be earned after completing an education. There is wide empirical support for the predicted positive effect of wage variance and the negative effect of wage...

"Economists measure the effects of immigration through the yardstick of income. This book offers a broad survey of the conventional approach but in addition, also considers better measures of welfare or well-being, offers a detailed description and evaluation of policies - rules, regulations and...

In the postwar period, when fertility dropped substantially, immigration more than made up for the drop in population growth, and from 1950 to 2020, population increased by 73%, double the European rate, in a country with population density already among the highest in Europe. Yet, there never...

We extend the Altonji and Card (1991) framework for analysing the impact of immigrants on natives? wages from two to three labour types and estimate reduced form wage equations for The Netherlands, United Kingdom and Norway. We find very small effects on natives? wages and no dominant robust...

In the Netherlands auditors can be trained in a part-time educational track in which students combine working and studying or in a full-time educational track. The former training is relatively firm-specific whereas the latter training is relatively general. Applying human capital theory, we...