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into a 1% productivity (wage) growth. …
Persistent link: https://www.econbiz.de/10011313951
We estimate a Dynamic Programming model of the decision between continuing schooling or entering the labor market using a panel from the National Longitudinal Survey (NLSY). The model, set in an expected utility framework (with a power utility function), fits data on both schooling attainments...
Persistent link: https://www.econbiz.de/10011295416
process in which unmeasured variables jointly affect initial conditions and subsequent growth. …
Persistent link: https://www.econbiz.de/10010434496
process in which unmeasured variables jointly affect initial conditions and subsequent growth …
Persistent link: https://www.econbiz.de/10013043685
relationship between initial earnings and earnings growth rates: the good fit between data and theory suggests that variation in … growth of post-1965 U.S. immigrants. When both functional-form and sample-selection constraints are lifted, a dramatically …
Persistent link: https://www.econbiz.de/10013244052
immigrant men following the 1965 Immigration and Nationality Act have low initial earnings and high earnings growth. Another … asserts that post-1965 immigrants have low initial earnings and low earnings growth. We describe the methodological issues … that create this divide and show that low earnings growth becomes high earnings growth when immigrants are followed from …
Persistent link: https://www.econbiz.de/10012500969
inverse relationship between initial earnings and earnings growth rates: the good fit between data and theory suggests that … earnings growth of post-1965 U.S. immigrants. When both functional-form and sample-selection constraints are lifted, a …
Persistent link: https://www.econbiz.de/10012130585
Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of the population. Reinvention of human capital policies...
Persistent link: https://www.econbiz.de/10003932493
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as well as a sizeable negative long-run effect. Specifically,...
Persistent link: https://www.econbiz.de/10009312922
We estimate the effects of labor market entry conditions on wages for male individuals first entering the Austrian labor market between 1978 and 2000. We find a large negative effect of unfavorable entry conditions on starting wages as well as a sizeable negative long-run effect. Specifically,...
Persistent link: https://www.econbiz.de/10011344863