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Pietro Sancassani prepared this study while he was working at the Center for Economics of Education at the ifo Institut. The study was completed in March 2023 and accepted as a doctoral thesis by the Department of Economics at the LMU Munich. It consists of four distinct empirical essays and...
Persistent link: https://www.econbiz.de/10014327358
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013332099
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013334527
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014368278
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their similarly educated peers who are in correctly matched...
Persistent link: https://www.econbiz.de/10014342988
This paper estimates production functions for Greek regions over 1981-2003, using a novel human capital dataset. We construct rich human capital series, where data for employees are decomposed according to their education level. Our empirics include recent non-stationary panel techniques,...
Persistent link: https://www.econbiz.de/10011114516
Thurow?s job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...
Persistent link: https://www.econbiz.de/10010262544
estimate how skills relate to the odds of obtaining a permanent contract, versus alternative contractual arrangements for … employees. Our pooled analysis shows that skills substantially relate to having a permanent contract across the full sample …. Numeracy skills contribute more than literacy skills; a difference that is largely driven by sorting to occupations and …
Persistent link: https://www.econbiz.de/10013426362
compulsory schooling on wages in Germany. We go beyond these studies and test a potential reason for it, namely that basic skills … estimating the effect of education on cognitive skills. The results suggest that education after the eighth year does not seem to … have a causal effect on cognitive skills in Germany. This is consistent with the explanation for zero effects of schooling …
Persistent link: https://www.econbiz.de/10010197409
variable estimation is necessary since on the one hand, schooling is highly affected by cognitive skills (reverse causality …
Persistent link: https://www.econbiz.de/10010342118