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This paper analyzes human capital externalities from high-skilled workers by applying functional regression to precise geocoded register data. Functional regression enables us to describe the concentration of high-skilled workers around workplaces as continuous curves and to efficiently estimate...
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affects labor markets in sending countries, particularly the wages of workers who do not emigrate. Most studies find that … emigration increases wages in the sending country but only for non-emigrants with substitutable skills similar to those of … country loses many highly educated workers, the economy can become less productive altogether, leading to lower wages for …
Persistent link: https://www.econbiz.de/10013254499
1950s/early 1960s greatly expanded the research on education and income and shifted the focus to wages. The human capital … estimating the returns to education and experience. Recent analyses of education and wages have built on this foundation and have …
Persistent link: https://www.econbiz.de/10014023737
of wages on the workers' human capital intertemporal investment decisions and the existence of a virtuous dynamic cycle … between wages and human capital. Among the desired characteristics of the proposed model is that it has an analytical solution … model predicts two benchmark human capital gross returns and their corresponding wages, by levels of education. Below the …
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cross-sectional data, suggest that market access has a positive and statistically significant effect on wages, although this …
Persistent link: https://www.econbiz.de/10011261265
turn reducing the cross-sectional dispersion of (before-tax) wages. We find that these policies can account for half of the …
Persistent link: https://www.econbiz.de/10008610996