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How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences? And does education affect peoples’ occupational choices accordingly? We answer these questions based on a large panel of US labor force participants. We show that...
Persistent link: https://www.econbiz.de/10011379475
find that a 10% increase in labor market concentration decreases hires by 12.4% and the wages of new hires by nearly 0 … employers in the retail industry would be most damaging, with about 24 million euros in annual lost wages for new hires, and an …
Persistent link: https://www.econbiz.de/10012213951
density and productivity and wages has long been established in the economic literature, less is known about the effects of … supply of university graduates on wages, i.e. the social return to education. …
Persistent link: https://www.econbiz.de/10010374568
Graduates from Science, Technology, Engineering, and Mathematics (STEM) are usually found to have higher wages and a … overqualification and wages in a causal way, since individuals choosing these subjects might differ systematically in unobserved … differences in the risk of overqualification and wages when STEM graduates are compared to the Business & Law group, while it …
Persistent link: https://www.econbiz.de/10010416218
While the literature on the incidence and wage effects of over-education is substantial, specific results for doctoral graduates are surprisingly scarce. This article aims to fill this gap, not only by measuring the prevalence of over-educated PhD holders in Europe (i.e. in EU Member States and...
Persistent link: https://www.econbiz.de/10013275384
temporary help service firm that records both workers' wages and their productivity as measured by the fees charged to client … demonstrate that the fees charged to clients grow faster over workers' tenure than the wages paid to workers. Finally, we find …-by-doing increases productivity more than wages. …
Persistent link: https://www.econbiz.de/10013209297
While the literature on the incidence and wage effects of over-education is substantial, specific results for doctoral graduates are surprisingly scarce. This article aims to fill this gap, not only by measuring the prevalence of over-educated PhD holders in Europe (i.e. in EU Member States and...
Persistent link: https://www.econbiz.de/10013284869
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