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In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio-economic status. We assess whether meritocracy has increased in both the British education system and labour market. The richness of our longitudinal data enables us to look at...
Persistent link: https://www.econbiz.de/10010262171
. Its main findings are that point estimates of wages after graduation are close to actual wages, whereas the expectations … of the deviation of individual expectations from actual wages can not be explained, we find that rates of return to …
Persistent link: https://www.econbiz.de/10010262577
We use a unique firm-level data set merging administrative information on average wages paid by firms by skill level … wages. This evidence is robust to many variants of the econometric specification and to addressing potential endogeneity …
Persistent link: https://www.econbiz.de/10010269700
Do workers benefit from the education of their co-workers? This question is examined first by introducing a model of on-the-job schooling, which argues that educated workers may transfer part of their general skills to uneducated workers and that this spillover is affected by the degrees of...
Persistent link: https://www.econbiz.de/10010275777
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...
Persistent link: https://www.econbiz.de/10010278837
This paper estimates the gender-specific effects of birthweight on a variety of schooling and labor market outcomes. A unique feature of the study is to use micro evidence on the relationship between birthweight - an early measure of nutritional advantage - and schooling outcomes to make...
Persistent link: https://www.econbiz.de/10010507364
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life. To test...
Persistent link: https://www.econbiz.de/10010282373
Paid parental leave schemes have been shown to increase women's employment rates but decrease their wages in case of …
Persistent link: https://www.econbiz.de/10012290583
, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered …
Persistent link: https://www.econbiz.de/10010293893
There is an increasing economic literature considering personality. This paper provides an overview on the role of these skills regarding three main aspects of economic analysis: measurement, theoretical modeling, and empirical estimates. Based on the relevant literature from different...
Persistent link: https://www.econbiz.de/10010299499