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The standard human-capital model is based on the assumption that the observed wage of an individual is equal to the monetary value of the individual net human-capital productivity, the so-called net potential wage. We argue that this assumption is rejected by the ECHP data for Belgium, Denmark...
Persistent link: https://www.econbiz.de/10010271292
, it shows that the comparative advantage of females in skill is reflected in their greater investment in education and in …
Persistent link: https://www.econbiz.de/10010507364
development regimes and it illustrates wider role of education in tackling possible development traps. …
Persistent link: https://www.econbiz.de/10010322280
human capital may be heterogeneous and where firms may offer different combinations of entry level wages and firm specific … human capital development. We allow for the the possibility that wages are match specific and that workers move jobs as a …
Persistent link: https://www.econbiz.de/10010293036
redundancies. This results in superior predictions of individual wages and occupational switches. It also allows identifying career …
Persistent link: https://www.econbiz.de/10010281656
structure of new admissions to schools is related to the level of wages, profits, unemployment rates and R&D expenditures in …
Persistent link: https://www.econbiz.de/10010322163
The composition of the New Zealand workforce has changed considerably over the past two decades. Qualification levels have risen, labour force participation has trended upwards for women, immigrants have increasingly been sourced from Asia, and the large baby-boom cohort has contributed to an...
Persistent link: https://www.econbiz.de/10012115606
This paper reviews the theoretical and empirical literature on job market signalling and on education as a job market …'s education relative to his reference group. The overall impression from the empirical section suggests that the signalling effect … of education on wages is minor compared to the human capital effect. I conclude that even though the comprehensive school …
Persistent link: https://www.econbiz.de/10010273007
have been acquired through formal education, East Germany has a high level of human capital in comparison to West Germany …
Persistent link: https://www.econbiz.de/10010316380
This study compares the determinants of productivity and wages at both firm and worker level. In the firm …
Persistent link: https://www.econbiz.de/10010291452