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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/10012894561
The aim of this paper is to explain the growing wage differentials between men and women during their working careers. We provide a dynamic model of statistical discrimination, which integrates specific human capital decisions: on-the-job training investment and wages are endogenously...
Persistent link: https://www.econbiz.de/10012717141
In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers’ career progression may also depend on their relative rankings in dimensions a priori unrelated to their job performance, such as visibility or in-person presence. Such...
Persistent link: https://www.econbiz.de/10014345961
We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …. -- higher education ; enrollment ; externalities ; two-sector model …
Persistent link: https://www.econbiz.de/10009570881
We investigate externalities in higher education enrollment over the course of development in a two-sector model. Each … acquiring human capital. Both sectors exhibit productivity externalities in the size of the skill-specific labor and in the …
Persistent link: https://www.econbiz.de/10013315884
positive externalities. Without subsidization, so the story reads, there would be an underinvestment in higher education. This … paper shortly reviews theoretical arguments, as well as empirical evidence on externalities. It is found that evidence on … positive externalities is quite limited. What is more, evidence on negative externalities of higher education has been mainly …
Persistent link: https://www.econbiz.de/10013080389
Denmark's registry data provide accurate and complete career history data along with detailed personal characteristics (e.g., education, gender, work experience, tenure and others) for the population of Danish workers longitudinally. By using such data from 1992 to 2002, we provide rigorous...
Persistent link: https://www.econbiz.de/10013123602
In this paper we analyze career dynamics for US workers who have more schooling than their peers in the same occupation. We use data from the NLSY79 combined with the CPS to analyze transitions into and out of overeducated employment, together with the corresponding effects on wages....
Persistent link: https://www.econbiz.de/10011664220
environments and those employed in non-changing ones, we apply propensity score matching techniques. We find that ICT and …, we use propensity score matching methods and a proxy for unobservable productivity. We show that participation in a …
Persistent link: https://www.econbiz.de/10012147167
A robust literature establishes that women experience lasting penalties to their labor market earnings after having a child, but men do not. This paper explores possible factors behind earnings penalties. We evaluate the effect of parenthood on men’s and women’s job performance, human...
Persistent link: https://www.econbiz.de/10013294860