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universities is referred to as the "duality gap", and it measures the distinctions between elite and non-elite universities in … developed in the theoretical model. To do so, we develop an index of the duality gap both in quality and tightness of … recruitment for 17 OECD countries. The data indeed show a positive correlation between the indices of duality gap, leadership in …
Persistent link: https://www.econbiz.de/10015069725
duality in higher education as well as heterogeneous ability of individuals can explain the differences in labor productivity … words, the productivity gap between tradable and non-tradable sectors is fueled by the duality in higher education, leading …Over the last decades, productivity in the tradable sector rose substantially, while in the non-tradable sector, output …
Persistent link: https://www.econbiz.de/10012057419
This paper shows that countries with high levels of "elitism" in higher-education are the countries displaying high levels of inequality. In other words, a higher level of "elitism", i.e., large gap in quality of universities, and tight selection in top universities leads to a wider gap in wages...
Persistent link: https://www.econbiz.de/10011894336
-tech sectors, the elitism gap leads to a separating equilibrium in which, high-ability workers graduating from top universities … education, and in consequence, inequality increases. We also show that wages and productivity gaps between high-tech and low …
Persistent link: https://www.econbiz.de/10014439466
Persistent link: https://www.econbiz.de/10012041634
This paper shows that countries with high levels of "elitism" in higher-education are the countries displaying high levels of inequality. In other words, a higher level of "elitism", i.e., large gap in quality of universities, and tight selection in top universities leads to a wider gap in wages...
Persistent link: https://www.econbiz.de/10012057425
A commonly held perception is that an elite graduate degree can "scrub" a less prestigious but less costly undergraduate degree. Using data from the National Survey of College Graduates from 2003 through 2017, this paper examines the relationship between the status of undergraduate degrees and...
Persistent link: https://www.econbiz.de/10012116308
The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...
Persistent link: https://www.econbiz.de/10012599109
Persistent link: https://www.econbiz.de/10014532219
We examine the effects of endogenous offshoring on cost-efficiency, wages and unemployment in a task-assignment model with skill heterogeneity. Exact conditions for the following insights are derived. The distributional effect of offshoring (high-) low-skill-intensive tasks is similar to...
Persistent link: https://www.econbiz.de/10010477956