Showing 1 - 10 of 12
Based on the factor price frontier, we investigate the effects of supply shocks ort labour markets in open economies. Two different supply shocks are considered: an oil price shock, and the integration of relatively labour-abundant countries into the world economy. With flexible wages, a...
Persistent link: https://www.econbiz.de/10010407084
In the literature there are basically two main approaches that explain the positive link between the level of education and wages: the human-capital theory and the signalling/screening (collectively known as sorting) theory. We highlight the similarity and differences between these theories and...
Persistent link: https://www.econbiz.de/10009514076
Persistent link: https://www.econbiz.de/10013268639
Persistent link: https://www.econbiz.de/10013260992
Persistent link: https://www.econbiz.de/10009127171
Persistent link: https://www.econbiz.de/10003462582
This paper estimates the effect that changes in the size of the youth population have on the wages of young workers. Assuming that differently aged workers are only imperfectly substitutable, economic theory predicts that individuals in larger age groups earn lower wages. We test this hypothesis...
Persistent link: https://www.econbiz.de/10011431549
Persistent link: https://www.econbiz.de/10003289650
This paper considers training, mobility decisions and wages together to test for the specificity of human capital contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two ways. First, we examine the correlation between training...
Persistent link: https://www.econbiz.de/10003268555
This paper considers training, mobility decisions and wages together to test for the specificity of human capital contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two ways. First, we examine the correlation between training...
Persistent link: https://www.econbiz.de/10012727241