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wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education … as an indicator of the unobserved heterogeneity that employers face. We find solid evidence that starting wages are lower … if the variance of exam grades is higher and higher if the skew is higher: employers shift the cost of productivity risk …
Persistent link: https://www.econbiz.de/10011378868
wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education … as an indicator of the unobserved heterogeneity that employers face. We find solid evidence that starting wages are lower … if the variance of exam grades is higher and higher if the skew is higher: employers shift the cost of productivity risk …
Persistent link: https://www.econbiz.de/10010325894
In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio … our longitudinal data enables us to look at the complex inter-relationship between social class, ability, education and … labour market outcomes. In Britain the production of human capital (cognitive ability and education) has become less …
Persistent link: https://www.econbiz.de/10010262171
American business seems to be infatuated with its workers? ?leadership? skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as adults,...
Persistent link: https://www.econbiz.de/10010262770
American business seems to be infatuated with its workers' "leadership" skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as adults,...
Persistent link: https://www.econbiz.de/10011411183
In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio … our longitudinal data enables us to look at the complex inter-relationship between social class, ability, education and … labour market outcomes. In Britain the production of human capital (cognitive ability and education) has become less …
Persistent link: https://www.econbiz.de/10011415585
In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio … our longitudinal data enables us to look at the complex inter-relationship between social class, ability, education and … labour market outcomes. In Britain the production of human capital (cognitive ability and education) has become less …
Persistent link: https://www.econbiz.de/10005703703
American business seems to be infatuated with its workers’ "leadership" skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as...
Persistent link: https://www.econbiz.de/10005822390
wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education … as an indicator of the unobserved heterogeneity that employers face. We find solid evidence that starting wages are lower … if the variance of exam grades is higher and higher if the skew is higher: employers shift the cost of productivity risk …
Persistent link: https://www.econbiz.de/10004987443
This paper estimates returns to education using US data. Using the NLS and NLSY79 (dataset) average wages for workers … with different ability and educational levels can be estimated. Because of the high correlation between schooling and … ability it is not possible to estimate across the entire ability-schooling support. The PUMS dataset (which includes wage and …
Persistent link: https://www.econbiz.de/10005063565