Showing 1 - 10 of 27,918
This paper investigates the causal effect of job training on wage rates in the presence of firm heterogeneity. When training affects worker sorting to firms, sample selection is no longer binary but is "multilayered". This paper extends the canonical Heckman (1979) sample selection model - which...
Persistent link: https://www.econbiz.de/10015072893
This paper decomposes the participation process of a prototypical program into eligibility, awareness, application, acceptance and enrollment. With this decomposition, we determine the sources of unequal participation for different groups, and demonstrate that variables often have very different...
Persistent link: https://www.econbiz.de/10011573518
We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with …
Persistent link: https://www.econbiz.de/10001471799
We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with …
Persistent link: https://www.econbiz.de/10011325670
American business seems to be infatuated with its workers' "leadership" skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as adults,...
Persistent link: https://www.econbiz.de/10011411183
one that has been becoming more important over time, namely the role played by increases in postgraduate education. We … driver of rising wage inequality amongst graduates over time. -- wage inequality ; postgraduate education ; computers …
Persistent link: https://www.econbiz.de/10009422215
training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
Persistent link: https://www.econbiz.de/10013428334
training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
Persistent link: https://www.econbiz.de/10011444759
The consumption value of higher education is an important factor behind the individual's educational choice. We provide … higher education. We provide new empirical evidence for the willingness to pay for the consumption value of a particular type … of higher education. Even when controlling for ability selection, we find on US data that Liberal Arts graduates were …
Persistent link: https://www.econbiz.de/10003922852
This paper develops a theoretical model of optimal schooling levels where ability and family background are the central explanatory variables. We derive schooling demand and supply functions based on individual wealth maximization. Using NLSY79 data we stratify our sample into one-year "FTE"...
Persistent link: https://www.econbiz.de/10003253464