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To study the role of talent in finance workers' pay, we exploit a special feature of the French higher education system. Wage returns to talent have been significantly higher and have risen faster since the 1980s in finance than in other sectors. Both wage returns to project size and the...
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We quantify firm heterogeneity in skill returns and present direct evidence of worker–firm complementarities. Within a … skill measures. Linking administrative data to test scores we document worker sorting and convex earnings-skill …) Workers with large endowments of a skill populate firms with higher returns to it. Sorting intensifies with the cross …
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This paper investigates the evolution of wages and the recent tendency to rising wage inequality in Germany, based on the German Socio-Economic Panel (GSOEP) for 1984 to 2004. Between 1984 and 1994 the wage distribution was fairly stable. Wage inequality started to increase around 1994 in...
Persistent link: https://www.econbiz.de/10003314699
subsample 1975{1997. It extends the analytical framework of Card and Lemieux (2001) which simultaneously includes skill and age … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …
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' skill in R&D activities and intensity of inputs. Inclusive immigration policy requires inter-sectoral diffusion of ideas …
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