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signaling value of education accompanied by more overeducation particularly among upperclass offspring. We identify five … extensive (employment) margin. • The earnings premium has increased more when education is measured as years corresponding to …
Persistent link: https://www.econbiz.de/10014487020
capacity of Thailand’s education and training system to develop relevant skills from the pre-primary to higher education level … relevant teacher training, and sustained competitiveness of higher education institutions as key areas for improvement. It also … points to large skills shortages in the education, and health and social work sectors, and prevalent qualification and field …
Persistent link: https://www.econbiz.de/10012421216
Randomized field experiments designed to better understand the production of human capital have increased exponentially over the past several decades. This chapter summarizes what we have learned about various partial derivatives of the human capital production function, what important partial...
Persistent link: https://www.econbiz.de/10014023424
We develop novel measures of early-career skills that are more detailed, comprehensive, and labor-market-relevant than existing skill proxies. We exploit that skill requirements of apprenticeships in Germany are codified in state-approved, nationally standardized apprenticeship plans. These...
Persistent link: https://www.econbiz.de/10013550210
We develop novel measures of early-career skills that are more detailed, comprehensive, and labor-market-relevant than existing skill proxies. We exploit that skill requirements of apprenticeships in Germany are codified in state-approved, nationally standardized apprenticeship plans. These...
Persistent link: https://www.econbiz.de/10014227796
We use OECD-PIAAC data to estimate the earnings effects of both years of education and of numerical skills. Our … education has the strongest earnings effect. A one standard deviation increase in years of education raises earnings by almost … 22 percentage points (corresponding to a return to education above 7 percentage points), which compares with a lower …
Persistent link: https://www.econbiz.de/10011776249
of the returns to education. …
Persistent link: https://www.econbiz.de/10011776040
The multitude of tasks performed in the labor market requires skills in many dimensions. Traditionally, human capital has been proxied primarily by educational attainment. However, an expanding body of literature highlights the importance of various skill dimensions for success in the labor...
Persistent link: https://www.econbiz.de/10015083753
The multitude of tasks performed in the labor market requires skills in many dimensions. Traditionally, human capital has been proxied primarily by educational attainment. However, an expanding body of literature highlights the importance of various skill dimensions for success in the labor...
Persistent link: https://www.econbiz.de/10015081348
This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and von Wachter (Review of Economics and Statistics, 90(3), 592-598), which is unusual in the literature yet widely cited and until now uncontradicted. I document that this finding...
Persistent link: https://www.econbiz.de/10012547022