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According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater the investment in general training. Using data from...
Persistent link: https://www.econbiz.de/10012444200
According to Becker [1964], when labour markets are perfectly competitive, general training is paid by the worker, who reaps all the benefits from the investment. Therefore, ceteris paribus, the greater the training wage premium, the greater the investment in general training. Using data from...
Persistent link: https://www.econbiz.de/10014064187
-productivity "trap," through the attrition of skills and work habits. We develop and calibrate a model along these lines for East Germany … are present. -- Labor market ; labor market traps ; calibration ; East Germany …
Persistent link: https://www.econbiz.de/10003775079
We show that wage setting in the Colombian manufacturing industry is not fundamentally driven by labor productivity in contrast to the standard theoretical prediction. On the contrary, internal institutional arrangements – payroll taxation, the minimum wage or the price wedge between...
Persistent link: https://www.econbiz.de/10010502793
persistence versus relatively high microeconomic labor market flow numbers. We calibrate the model for East Germany and examine …
Persistent link: https://www.econbiz.de/10013324988
With the second largest indigenous population by percentage in Latin America, Guatemala is an important case for understanding horizontal inequality and indigenous politics. This paper presents new analysis of survey data, allowing for consideration both of indigenous and ladino populations, as...
Persistent link: https://www.econbiz.de/10011635687
Models in which employers learn about the productivity of young workers, such as Altonji and Pierret (2001), have two principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second, the coefficient on a variable that employers...
Persistent link: https://www.econbiz.de/10003974544
We test if firms statistically discriminate workers based on race when em- ployer learning is asymmetric. Using data from the NLSY79, we find evidence of asymmetric employer learning. In addition, employers statistically discrimi- nate against non-college educated black workers at time of...
Persistent link: https://www.econbiz.de/10012851431
We test if firms statistically discriminate workers based on race when employer learning is asymmetric. Using data from the NLSY79, we find evidence of asymmetric employer learning. In addition, employers statistically discriminate against non-college educated black workers at time of hiring. We...
Persistent link: https://www.econbiz.de/10012225675
Models in which employers learn about the productivity of young workers, such as Altonji and Pierret (2001), have two principal implications: First, the distribution of wages becomes more dispersed as a cohort of workers gains experience; second, the coefficient on a variable that employers...
Persistent link: https://www.econbiz.de/10014193438