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How many immigrants with less than university education, for a given immigration quota, maximise economic output? The answer is zero in the canonical model of the labour market, where the marginal product of a university-educated immigrant is always higher. We build an alternative model in which...
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job-related training is driven by the improvement of workers' skills. We analyse the extent to which training and informal … capital theory – that employees who participated in training or informal learning show greater improvement of their skills … of training participation. Nevertheless, both forms of learning are shown to be complementary. This complementarity …
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Theory suggests that groups historically subject to discrimination, such as Jews, could exhibit traditionally high investment in education because discrimination spurred exit facilitated by human capital. Theory moreover suggests that if exit is uncertain, it could induce investment in skill...
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We investigate the role of training in reducing the gender wage gap using the UK-BHPS which contains detailed records … of training. Using policy changes over an 18 year period we identify the impact of training and work experience on wages … of formal training and experience in defining the evolution of wages and employment careers, conditional on education …
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