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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/10010360293
This paper addresses the importance of compositional changes in the labor force for the development of the wage distribution. Demographic change and higher educational attainment imply a shift toward employees with more experience and/or better education. These groups are characterized by higher...
Persistent link: https://www.econbiz.de/10010429242
We extend the Lucas' 1988 model introducing two classes of agents with heterogeneous skills, discount factors and initial human capital endowments. We consider two regimes according to the planner's political constraints. In the first regime, that we call meritocracy, the planner faces...
Persistent link: https://www.econbiz.de/10011517740
This paper highlights a new driver of inequality, that may become increasingly prominent over the years: the inequality between skilled workers graduating from elite universities and those from standard institutions. This paper emphasizes that heterogeneity in higher education is a key factor in...
Persistent link: https://www.econbiz.de/10015069725
the impact of regional structural change caused by exposure to import competition from China and Eastern Europe on … über das Bildungsniveau von Flüchtlingen, die Wahrnehmung der Teilnehmer hierzu experimentell verändert. Die Ergebnisse … zeigen, dass ein höheres wahrgenommenes Bildungsniveau von Flüchtlingen, Sorgen der Teilnehmer um Wettbewerb auf dem …
Persistent link: https://www.econbiz.de/10011971651
The recent literature on overeducation has provided divergent results on whether or not overeducation bears an earnings penalty. In addition, few studies have considered overeducation among immigrants. This paper uses panel data analyses to investigate the match between education and occupation...
Persistent link: https://www.econbiz.de/10011776014
This paper analyses the wage effects of educational mismatch by workers' origin using a sizeable, detailed matched employer-employee dataset for Belgium. Relying on a fine-grained approach to measuring educational mismatch, the results show that over-educated workers, regardless of their origin,...
Persistent link: https://www.econbiz.de/10012652813
This article summarizes three different strands of the literature that address the labor market effects of language-related human capital. (1) A general importance is demonstrated in the empirical evidence on earnings and employment effects of literacy as the ability to productively use written...
Persistent link: https://www.econbiz.de/10010418954
Income levels are higher in cities. The evidence for the income gap between urban and rural areas is overwhelming, but the agglomeration effect is hard to identify. Recent advances make use of individual level data to separate out sorting and instrumentation to handle the endogeneity of...
Persistent link: https://www.econbiz.de/10011515100
Indicators for quality of schooling are not only relatively new in the world but also unavailable for a sizable share of the world's population. In their absence, some proxy measures have been devised. One simple but powerful idea has been to use the schooling premium for migrant workers in the...
Persistent link: https://www.econbiz.de/10011732083