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college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …
Persistent link: https://www.econbiz.de/10011383274
Persistent link: https://www.econbiz.de/10009720711
college education cannot universally be considered an insurance against unpredictability of wages. One conclusion is …
Persistent link: https://www.econbiz.de/10013129090
ability has a stronger impact on entrepreneurial incomes than on wages. Entrepreneurs and employees benefit from different … sets of specific abilities: Language and clerical abilities have a stronger impact on wages, whereas mathematical, social … generates a higher income, but only for entrepreneurs: This finding supports Lazear's Jack-of-all-Trades theory. …
Persistent link: https://www.econbiz.de/10011376647
wages given up as an employee. Information on income from self-employment is of inferior quality and this is not just a … that it is not only the location of an income distribution that matters and that dispersion and (a)symmetry should not be …
Persistent link: https://www.econbiz.de/10013117620
wages given up as an employee. Information on income from self-employment is of inferior quality and this is not just a … that it is not only the location of an income distribution that matters and that dispersion and (a)symmetry should not be …-employment ; wage-employment ; income distribution ; income risk ; income skew ; income variance ; occupational choice ; labor market …
Persistent link: https://www.econbiz.de/10009522492
higher education graduates. On average, accepted wages are almost 8% higher than reservation wages, but there is no fixed … predict if individuals are well informed about the wage structure that characterizes their labour market. -- reservation wages … ; starting wages ; job search …
Persistent link: https://www.econbiz.de/10009124672
As Switzerland experiences a severe shortage of nurses, this paper investigates the impact of students' ex ante wage expectations on their choice to pursue a nursing college education. This analysis contributes to a small yet rapidly developing body of literature that uses subjective expectation...
Persistent link: https://www.econbiz.de/10011283119
graduates is consistent with presumed higher risk aversion and lower observed risk. -- wages ; risk ; earnings function …
Persistent link: https://www.econbiz.de/10003309271
In the model of Harris and Holmstrom (1982) workers pay an insurance premium to prevent a wage decline. As employers are unable to assess the ability of a labour market entrant, they would offer a wage equal to expected productivity of the worker's category and adjust it with unfolding...
Persistent link: https://www.econbiz.de/10011407951