De nombreuses recherches ont mis en évidence l’existence en France d’un déclassement massif des jeunes diplômés sur le marché du travail. La comparaison de deux enquêtes du Céreq sur les sortants du système éducatif en 1992 et 1998 met en évidence un résultat apparemment...

The recent economic literature on the incidence of various forms of post-secondary on-the-job and off-the-job training in Germany and the U.S., as well as on the effects of training on wages, inequality, and labor mobility is surveyed. Young workers in Germany receive substantially more company...

Using data from the German Socio-Economic Panel for 1984-1990, the author analyzes the entrance of young individuals into the German labor market, comparing the experience of apprentices to that of graduates from universities, full-time vocational schools, and secondary schools. Apprentices...

This paper proposes a new statistical measure of the overeducation phenomenon. From Stochastic Production Frontiers (SPF), we use e¢ ciency score between schooling and earning to assess worker mismatches. Based on the French case, our measure reveals an overestimation of the overeducation...

The recent economic literature on the incidence of various forms of post-secondary on-the-job and off-the-job training in Germany and the United States, as well as on the effects of training on wages, inequality, and labor mobility is surveyed. Young workers in Germany receive substantially more...

This paper analyses the relationship between education, gender and earnings in France and Germany. The model chosen here enables to estimate the impact of education not only on the expected earnings level but also on their dispersion, taking gender-specific sample selectivity into account. The...

The risk of investment in schooling has largely been ignored. We assess thevariance in the rate of return by surveying the international empirical literature from this freshperspective and by simulating risky earnings profiles in alternative options. choosingparameters on basis of the very...

Using quantile regressions, this paper provides evidence that the relationship between school quality and wages varies across points in the conditional wage distribution and educational attainment levels. Although smaller classes generally have a positive return for individuals at high...

In a prolific and illustrious career, the late Gary Becker (1930 - 2014) developed what he would later call "the economic approach to human behaviour". One of the most significant strands of that research was that which focused on human capital, occuping a significant part of his career,...

Using a dynamic skill accumulation model of schooling and labor supply with learning-by-doing, we decompose early life-cycle wage growth of U.S. white males into four main sources: education, hours worked, cognitive skills (AFQT scores) and unobserved heterogeneity, and evaluate the effect of...