Showing 1 - 10 of 2,498
raise to informality. …
Persistent link: https://www.econbiz.de/10011973074
across sectors, is limited, it is argued that coefficients of experience in earnings regressions may capture or be … interpreted as the growth rate - net of depreciation - of earnings ability propitiated by schooling when years of education are … is compatible with different "gross" rates of return to schooling, provided initial earnings levels allow for the same …
Persistent link: https://www.econbiz.de/10011524845
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10003011508
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10013318399
Workers acquire skills through formal schooling, through training provided by governments, and through training provided by firms. This chapter reviews, synthesizes, and augments the literature on the last of these, which has languished in recent years despite the sizable contribution of firm...
Persistent link: https://www.econbiz.de/10013540828
We argue that productive firms share rents with workers only in occupations where workers have individual hold-up power. We present a model of wage determination where firms produce using a novel generalization of Kremer (1993)'s O-ring production function. Workers have individual hold-up power...
Persistent link: https://www.econbiz.de/10013295449
substantial progress in education. However, average workers¿ earnings have stagnated and earnings for workers with more schooling … have declined, compressing the earnings distribution and lowering the returns to education. This paper hypothesizes that … for educated workers. The paper decomposes worker earnings into observable and unobservable firm and individual worker …
Persistent link: https://www.econbiz.de/10011535757
substantial progress in education. However, average workers¿ earnings have stagnated and earnings for workers with more schooling … have declined, compressing the earnings distribution and lowering the returns to education. This paper hypothesizes that … for educated workers. The paper decomposes worker earnings into observable and unobservable firm and individual worker …
Persistent link: https://www.econbiz.de/10011457935
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10011378332
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/10009696201