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In oligopsonistic labour markets, firms have some market power, and a wedge is created between wages and marginal product. When oligopsonistic firms' production technology requires generally trained workers, firms may therefore receive part of the returns to general training and be willing to...
Persistent link: https://www.econbiz.de/10011414246
Mismatch of educational skills in the labor market is an emerging topic in the field of labor economics, partly due to its link to labor productivity. This is the first application of this question to New Zealand data. In this paper we examine the incidence of educational mismatch and its...
Persistent link: https://www.econbiz.de/10011386738
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...
Persistent link: https://www.econbiz.de/10013128093
Different empirical studies suggest that the structure of employment in the U.S. and Great Britain tends to polarise into "good" and "bad" jobs. We provide updated evidence that polarisation also occurred in Germany since the mid-1980s until 2008. Using representative panel data, we show that...
Persistent link: https://www.econbiz.de/10013130457
This paper addresses the issue of self-selection of individuals in international labour migration, non-agricultural and agricultural employment in Tajikistan and its link to earnings from these activities. Unlike most of empirical studies, we could attribute selection bias on unobservable...
Persistent link: https://www.econbiz.de/10013126119
This paper aims at explaining two stylized facts of the Lost Decade in Japan: rising wage inequalities and increasing …
Persistent link: https://www.econbiz.de/10013100182
This paper uses data from the 2010 American Community Survey (ACS) to study the returns to language skills of child and adult migrants in the US labor market. We employ an instrumental variable strategy, which exploits differences in language acquisition profiles between immigrants from English-...
Persistent link: https://www.econbiz.de/10013089283
, we find a non-conditional wage penalty of 20% and 16% and a conditional one of about 12% and of 7%, respectively. Heckit …
Persistent link: https://www.econbiz.de/10013071750
This paper studies educational choices in a signaling setting in segmented labor markets. We show that in the presence of heterogeneous working ability imperfectly correlated with schooling costs, equilibria characterized by overeducation may arise. The quality of education is crucial in...
Persistent link: https://www.econbiz.de/10013153044
contribution to wage growth, while the evidence on industry specificity is not very supportive. The second contribution of the …
Persistent link: https://www.econbiz.de/10012775499