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positive effect on entry wages and wage-tenure profiles are adjusted according to entry age. -- Deferred compensation ; human … capital ; internal labor markets ; older workers ; wages …
Persistent link: https://www.econbiz.de/10003802942
should be higher, about 2.2. Together with prior estimates of the quit elasticity these results imply that wages are 72 …
Persistent link: https://www.econbiz.de/10013431623
should be higher, about 2.2. Together with prior estimates of the quit elasticity these results imply that wages are 72 …
Persistent link: https://www.econbiz.de/10013438469
We document empirical life cycle profiles of wages, earnings, and hours of work for pay from the Panel Study of Income …
Persistent link: https://www.econbiz.de/10011730125
In 30% of young American couples the wife is more educated than the husband. Those women are characterized by a substantially higher employment (all else equal), which in turn amplifies income inequality across couples. Using NLSY79, we formulate and structurally estimate a dynamic life-cycle...
Persistent link: https://www.econbiz.de/10011476887
Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...
Persistent link: https://www.econbiz.de/10011955395
This paper analyzes human capital externalities from high-skilled workers by applying functional regression to precise geocoded register data. Functional regression enables us to describe the concentration of high-skilled workers around workplaces as continuous curves and to efficiently estimate...
Persistent link: https://www.econbiz.de/10012249746
This paper explores the theoretical issues and the empirical literature regarding the selectivity of migrants. Although the primary focus is on international migration, reference is made to internal migration and return migration. The theoretical analysis indicates a tendency toward the...
Persistent link: https://www.econbiz.de/10011325988
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...
Persistent link: https://www.econbiz.de/10011444759
This paper studies wage effects and job mobility as a result of skill mismatch in worker- occupation pairs. I develop a Roy model in which learning on the job induces workers to shift more time towards job-specific activities. Using a short task panel containing data on worker’s time...
Persistent link: https://www.econbiz.de/10014304206