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compulsory schooling on wages in Germany. We go beyond these studies and test a potential reason for it, namely that basic skills … have a causal effect on cognitive skills in Germany. This is consistent with the explanation for zero effects of schooling … are learned earlier in Germany and additional years of schooling are not effective anymore. This is done by also …
Persistent link: https://www.econbiz.de/10010325128
compulsory schooling on wages in Germany. We go beyond these studies and test a potential reason for it, namely that basic skills … have a causal effect on cognitive skills in Germany. This is consistent with the explanation for zero effects of schooling … are learned earlier in Germany and additional years of schooling are not effective anymore. This is done by also …
Persistent link: https://www.econbiz.de/10010331343
Thurow?s job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...
Persistent link: https://www.econbiz.de/10010262544
Germany and Greece. We thus find that in most countries dispersion in earnings increases with educational levels and that …
Persistent link: https://www.econbiz.de/10010262344
the range of 10 to 15 percent. We find no return to compulsory schooling in Germany in terms of higher wages. We … investigate whether this is due to labor market institutions or the existence of the apprenticeship training system in Germany …, but find no evidence for these explanations. We conjecture that the result might be due to the fact that the basic skills …
Persistent link: https://www.econbiz.de/10010277103
In this paper we analyze investments in human capital assets in a way which is standard for financial assets, but not (yet) for human capital assets. We study mean-variance plots of human capital assets. We compare the properties of human capital returns using a performance measure and by using...
Persistent link: https://www.econbiz.de/10010276649
There is anecdotal evidence that the standard of living for the educated has fallen in Venezuela over the last few years. This evidence comes as a surprise because after experiencing an economic downturn in 2002 and 2003, Venezuela's economy has boomed (gross domestic product growth has hovered...
Persistent link: https://www.econbiz.de/10010269036
the improvements in the provision of skills needed by market economies during this period. On the demand side, the …
Persistent link: https://www.econbiz.de/10010286544
The paper sheds some light on the education returns in Germany in the post war period. After describing higher … education in Germany the current stand of higher education financing within the single states is presented. In six states … qualified human capital in Germany. …
Persistent link: https://www.econbiz.de/10010270860
complementarity between language skills and both schooling and preimmigration experience. That is, greater proficiency in the official …
Persistent link: https://www.econbiz.de/10010262796