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Blumkin, Tomer; Sadka, Efraim - 2005

We illustrate a novel informational feature of education, which the government may utilize. Discretionary decisions of individuals to acquire education may serve as an additional signal (to earned labor income) on the underlying unobserved innate earning ability, thereby mitigating the...

Persistent link: https://www.econbiz.de/10010261166

Job Matching and the Returns to Educational Signals

Habermalz, Steffen - 2003

This paper develops a multi-period model, in which workers are matched with jobs according to imperfect educational signals and in which their subsequent productivities depend on both their inherent ability and on the quality of the job match. It outlines a sequential process, in which underpaid...

Persistent link: https://www.econbiz.de/10010261976

Information asymmetry, education signals and the case of ethnic and native Germans

Hornig, Stephan O.; Rottmann, Horst; Wapler, Rüdiger - 2009

whether the signalling value differs between the migrants and non-migrants in the German labour market. Starting from the …

Persistent link: https://www.econbiz.de/10010266054

Earnings Dispersion, Risk Aversion and Education

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10010262728

Estimating complementarity between education and training

Belzil, Christian; Hansen, Jörgen; Kristensen, Nicolai - 2008

In this paper, we formulate and estimate a structural model of post-schooling training that explicitly allows for possible complementarity between initial schooling levels and returns to training. Precisely, the wage outcome equation depends on accumulated schooling and on the incidence of...

Persistent link: https://www.econbiz.de/10010269188

Modeling the signaling value of the GED with an application to an exogenous passing standard increase in Texas

Lofstrom, Magnus; Tyler, John - 2007

In this paper we develop a simple model of the signaling value of the GED credential. The model illustrates necessary assumptions for a difference-in-difference estimator, which uses a change in the GED passing standard, to yield unbiased estimates of the signaling value of the GED for marginal...

Persistent link: https://www.econbiz.de/10010268337

The GED

Heckman, James Joseph; Humphries, John Eric; Mader, … - 2010

test claims to establish equivalence between dropouts and traditional high school graduates, opening the door to college …

Persistent link: https://www.econbiz.de/10010274263

Graduate employment in the UK: an application of the Gottschalk-Hansen model

Grazier, Suzanne; O'Leary, Nigel C.; Sloane, Peter J. - 2008

of return to graduates or graduate markups show high returns, suggesting that demand has kept up with a rapidly rising … supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate … defines graduate jobs in terms of the proportion of graduates and/or the graduate earnings markup within occupations, we find …

Persistent link: https://www.econbiz.de/10010268793

Labour market mismatch among UK graduates: an analysis using REFLEX data

McGuinness, Seamus; Sloane, Peter J. - 2009

There is much disagreement in the literature over the extent to which graduates are mismatched in the labour market and … cast light on these issues, based on data for UK graduates. REFLEX examines the labour market status of graduates five …

Persistent link: https://www.econbiz.de/10010268963

Labour market mismatch among UK graduates: An analysis using REFLEX data

McGuinness, Seamus; Sloane, Peter J. - 2009

Persistent link: https://www.econbiz.de/10010277575

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