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Human capital is transferable across occupations, but only to a limited extent because of differences in occupational skill-profiles. Higher skill overlap between occupations renders less of individuals' human capital useless in occupational switches. Current occupational distance measures...
Persistent link: https://www.econbiz.de/10010281656
panel data it shows that regional wage differentials are partly attributable to localized human capital externalities … as instrumental variables, the paper shows that human capital externalities are underestimated in ordinary panel … human capital externalities are more pronounced in manufacturing than in the service sector. We find indication that highly …
Persistent link: https://www.econbiz.de/10010285963
of job mobility and theories of wage and promotion dynamics inside firms are combined with the human capital theory. The …
Persistent link: https://www.econbiz.de/10010272986
We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …
Persistent link: https://www.econbiz.de/10010283617
This paper provides first evidence on the anatomy of human capital externalities arising from both firm-level and …-skilled. This finding is in line with learning based theories of human capital externalities. Some estimates also suggest negative …
Persistent link: https://www.econbiz.de/10010265217
This paper provides first evidence on the social returns to education from both firm-level and regional human capital. Using panel data from German social security, both at an individual and aggregated at the plant and regional level, I estimate earnings functions incorporating measures of...
Persistent link: https://www.econbiz.de/10010265939
investigate whether human capital externalities arise from higher job matching efficiency in skilled regions. Using two samples of … matching opportunities in human capital rich regions as a microeconomic source of human capital externalities. Evidence on … easily and to thereby increase matching efficiency, which in turn reduces the overall number of job changes needed until an …
Persistent link: https://www.econbiz.de/10010278180
whether human capital externalities arise from a higher job matching efficiency in skilled regions. Using two samples of …. Taken together, these findings suggest that human capital externalities partly arise because workers in skilled regions have …
Persistent link: https://www.econbiz.de/10010285966
This paper investigates earnings differentials between immigrants and natives. We focus on returns and on the (imperfect) international transferability of human capital. Data are drawn from the 2009 Italian Labour Force Survey (LFS). We show that returns to human capital are considerably lower...
Persistent link: https://www.econbiz.de/10010282538
This paper summarizes the findings of studies which investigate the determinants of wages in Germany, using data of the German Socioeconomic Panel (GSOEP). The empirical analyses apply least squares estimates as well as the estimators developed by Altonji and Shakotko (1987) and Topel (1991)....
Persistent link: https://www.econbiz.de/10010294723