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The social and the private returns to education differ when education can increase productivity, and also be used to … private returns to education within the employer learning framework of Farber and Gibbons [1996] and Altonji and Pierret [2001 … employers. If the instrument is hidden then it identifies the private returns to education, but if the instrument is observed by …
Persistent link: https://www.econbiz.de/10012162512
The social and the private returns to education differ when education can increase productivity, and also be used to … private returns to education within the employer learning framework of Farber and Gibbons [1996] and Altonji and Pierret [2001 … employers. If the instrument is hidden then it identifies the private returns to education, but if the instrument is observed by …
Persistent link: https://www.econbiz.de/10012169372
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We test if firms statistically discriminate workers based on race when em- ployer learning is asymmetric. Using data from the NLSY79, we find evidence of asymmetric employer learning. In addition, employers statistically discrimi- nate against non-college educated black workers at time of...
Persistent link: https://www.econbiz.de/10012851431
, father's education, and wages for young men and their siblings from NLSY. We also examine the empirical implications of … productivity of new workers, they may choose to use easily observable characteristics such as years of education to 'statistically … productivity and the interaction between experience and a variable that firms can easily observe, such as years of education. We …
Persistent link: https://www.econbiz.de/10013244892