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This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law", which does not. The paper shows that a marginal prospect of...
Persistent link: https://www.econbiz.de/10009384652
This paper develops a one sector, two-input model with endogenous human capital formation. The two inputs are two types of skilled labor: "engineering," which exerts a positive externality on total factor productivity, and "law," which does not. The paper shows that a marginal prospect of...
Persistent link: https://www.econbiz.de/10009388245
Sectoral labor supply shortage is a cause of concern in many OECD countries and has raised support for immigration as a … compensating wage differential for working in one sector rather than in another. We identify price and wage effects of immigration … majority vote on immigration into a given sector as well as the social optimum. The main findings are that i) the old determine …
Persistent link: https://www.econbiz.de/10009741042
Quite often, migrants appear to exert little effort to absorb the mainstream culture and to learn the language of their host society, even though the economic returns (increased productivity and enhanced earnings) to assimilation are high. We show that when interpersonal comparisons affect...
Persistent link: https://www.econbiz.de/10003737408
Sectoral labor supply shortage is a cause of concern in many OECD countries and has raised support for immigration as a … compensating wage differential for working in one sector rather than in another. We identify price and wage effects of immigration … majority vote on immigration into a given sector as well as the social optimum. The main findings are that, i) the old …
Persistent link: https://www.econbiz.de/10014217680
Persistent link: https://www.econbiz.de/10011436247
We relate an observed difference between single men (SM) and single women (SW) in attitudes towards risk to the higher value assigned to social status by SM than by SW. In the marriage market, low status carries a harsher penalty for SM than for SW because when selecting a partner, the social...
Persistent link: https://www.econbiz.de/10011379120
We link causally the riskiness of men's management of their finances with the probability of their experiencing a divorce. Our point of departure is that when comparing single men to married men, the former manage their finances in a more aggressive (that is, riskier) manner. Assuming that...
Persistent link: https://www.econbiz.de/10012040579
We link causally the riskiness of men's management of their finances with the probability of their experiencing a divorce. Our point of departure is that when comparing single men to married men, the former manage their finances in a more aggressive (that is, riskier) manner. Assuming that...
Persistent link: https://www.econbiz.de/10012024287
We link causally the riskiness of men's management of their finances with the probability of their experiencing a divorce. Our point of departure is that when comparing single men to married men, the former manage their finances in a more aggressive (that is, riskier) manner. Assuming that...
Persistent link: https://www.econbiz.de/10012059447