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Do students expect compensation for wage risk?
Schweri, Jürg; Hartog, Joop; Wolter, Stefan C. - 2009
We use a unique data set about the wage distribution that Swiss students expect for themselves ex ante, deriving parametric and non-parametric measures to capture expected wage risk. These wage risk measures are unfettered by heterogeneity which handicapped the use of actual market wage...
Persistent link: https://www.econbiz.de/10003825129
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A structural analysis of the correlated random coefficient wage regression model
Belzil, Christian; Hansen, Jörgen - 2002
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...
Persistent link: https://www.econbiz.de/10011411668
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A structural analysis of the correlated random coefficient wage regression model with an application to the ols-iv puzzle
Belzil, Christian (contributor); Hansen, Jörgen (contributor) - 2005
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set within a correlated random coefficient model and we use the structural estimates to perform counterfactual experiments. We show that the estimates of the dynamic...
Persistent link: https://www.econbiz.de/10002772737
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Sources of wage growth
Adda, Jérôme; Dustmann, Christian - 2022
This paper investigates the sources of wage growth over the life cycle, where individuals have the possibility to … acquire vocational training at the start of their career. Wage growth is determined by sectoral and firm mobility, unobserved … key driver of early wage growth while CA skills become important later on. Moreover, job amenities are an important …
Persistent link: https://www.econbiz.de/10013170247
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Country of Origin and Immigrant Earnings, 1960-2000 : A Human Capital Investment Perspective
Duleep, Harriet Orcutt - 2014
process in which unmeasured variables jointly affect initial conditions and subsequent growth …
Persistent link: https://www.econbiz.de/10013043685
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Testing the Specification of the Mincer Wage Equation
Belzil, Christian - 2021
the effect of schooling and experience (schooling has a positive effect on wage growth). Finally, the variance of the …
Persistent link: https://www.econbiz.de/10013317194
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A Structural Analysis of the Correlated Random Coefficient Wage Regression Model with an Application to the Ols-Iv Puzzle
Belzil, Christian; Hansen, Jorgen - 2021
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set within a correlated random coefficient model and we use the structural estimates to perform counterfactual experiments. We show that the estimates of the dynamic...
Persistent link: https://www.econbiz.de/10013318534
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On the Specification of Mincerian Wage Regressions with Heterogeneity, Non-Linearity, Non-Separability, and Heteroskedasticity
Belzil, Christian - 2021
ignored. After conditioning on skill heterogeneity, schooling has a causal effect on wage growth. I find that estimates …
Persistent link: https://www.econbiz.de/10013319408
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A Structural Analysis of the Correlated Random Coefficient Wage Regression Model
Belzil, Christian; Hansen, Jorgen - 2021
We estimate a finite mixture dynamic programming model of schooling decisions in which the log wage regression function is set in a random coefficient framework. The model allows for absolute and comparative advantages in the labor market and assumes that the population is composed of 8 unknown...
Persistent link: https://www.econbiz.de/10013320491
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How the earnings growth of U.S. immigrants was underestimated
Duleep, Harriet Orcutt; Liu, Xingfei; Regets, Mark C. - 2021
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