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This paper surveys the theoretical approaches used in the literature to study the phenomenon of delayed graduation and university dropout. The classical human capital model does not contemplate failure, which the amended human capital model does. Delayed graduation and university dropout are two...
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labor market states. In steady-state, we hence have a theory of equilibrium unemployment determined by both matching …
Persistent link: https://www.econbiz.de/10011405565
-proof mechanism that is constrained efficient, i.e. that always produces a stable matching that is not Pareto-dominated by another … stable matching. We characterize all solvable priority structures satisfying the following two restrictions: (A) Either there …
Persistent link: https://www.econbiz.de/10011937252
Arbeitslosigkeit stellt in Deutschland seit Mitte der 70er Jahre ein dauerhaftes wirtschafts- und gesellschaftspolitisches Problem dar. Von der zunehmenden Arbeitslosigkeit sind gering qualifizierte Personen besonders betroffen. Ziel dieses Buches ist es, die Relevanz und das Gewicht...
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This paper analyzes the effect of educational mismatch on wages in Germany, using data from the German Socio-Economic Panel. Educational mismatch has been discussed extensively, mostly by applying OLS wage regressions which are prone to an unobserved heterogeneity bias. This problem is...
Persistent link: https://www.econbiz.de/10009763249
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This paper analyzes the effect of educational mismatch on wages in Germany, using data from the German Socio-Economic Panel. Educational mismatch has been discussed extensively, mostly by applying OLS wage regressions which are prone to an unobserved heterogeneity bias. This problem is...
Persistent link: https://www.econbiz.de/10009775640