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Earnings penalty of educational mismatch : a comparison of alternative methods of assessing over-education
Wen, Le; Maani, Sholeh A. - 2023
international literature on the measured incidence of educational mismatch and its earnings effects. We use a rich Australian … longitudinal data set for a controlled group of full-time employed workers. Using panel data estimation, we address individual … heterogeneity and measurement error, which are important in educational mismatch analysis. We show that alternative methods of …
Persistent link: https://www.econbiz.de/10013545845
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The Information Value of Central School Exams
Schwerdt, Guido - 2015
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By … market. Our difference-in-difference model estimates whether the earnings difference between individuals with high and low … grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in …
Persistent link: https://www.econbiz.de/10013016372
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The Information Value of Central School Exams
Schwerdt, Guido - 2015
The central vs. local nature of high-school exit exam systems can have important repercussions on the labor market. By … market. Our difference-in-difference model estimates whether the earnings difference between individuals with high and low … grades differs between central and local exams. We find that the earnings premium for a one standard-deviation increase in …
Persistent link: https://www.econbiz.de/10013020502
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Entrepreneurship, wage employment and control in an occupational choice framework
Douhan, Robin; Praag, Mirjam van - 2009
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/10003860403
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Entrepreneurship, wage employment and control in an occupational choice framework
Douhan, Robin; Praag, Mirjam van - 2009
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/10003872559
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Entrepreneurship, wage employment and control in an occupational choice framework
Douhan, Robin; Praag, Mirjam van - 2009
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
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Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework
Douhan, Robin - 2009
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/10013158681
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Math Matters : Education Choices and Wage Inequality
Rendall, Andrew - 2014
SBTC is a powerful mechanism in explaining the increasing gap between educated and uneducated wages. However, SBTC cannot mimic the US within-group wage inequality. This paper provides an explanation for the observed intra-college group inequality by showing that the top decile earners'...
Persistent link: https://www.econbiz.de/10013052978
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Microeconomic models with latent variables : applications of measurement error models in empirical industrial organization and labor economics
Hu, Yingyao - 2015
applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error … models describe mappings from a latent distribution to an observed distribution. The identification and estimation of … measurement error models focus on how to obtain the latent distribution and the measurement error distribution from the observed …
Persistent link: https://www.econbiz.de/10010469057
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The expected (signaling) value of higher education
Ehrmantraut, Laura; Pinger, Pia; Stans, Renske - 2020
This paper explores students' expectations about the returns to completing higher education and provides first evidence on \textit{perceived} signaling and human capital effects. We elicit counterfactual labor market expectations for the hypothetical scenarios of leaving university with or...
Persistent link: https://www.econbiz.de/10012293120