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We assess the relevance of formal education for the productivity of the self-employed and distinguish between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to...
Persistent link: https://www.econbiz.de/10013099751
This paper draws on existing empirical literature and an original theoretical model to argue that globalization and skill supply affect the extent to which technology adoption in developing countries favors skilled workers. Developing countries are experiencing technical change that is...
Persistent link: https://www.econbiz.de/10013085139
We use a unique firm-level data set merging administrative information on average wages paid by firms by skill level (blue collars and white collars), Population Census information on the local stock of human capital available to firms and survey information on firm characteristics to...
Persistent link: https://www.econbiz.de/10013153300
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10013158681
We investigate how an artist's death impacts on the price of her artwork by estimating individual death effects of a sample of famous visual artists who died between 1985 and 2010. Using data from art auctions that took place in a narrow window around the artists' death, we apply various...
Persistent link: https://www.econbiz.de/10012838246
to replicate the empirical life-cycle patterns with respect to the age-earnings profile of individuals. Finally, we …
Persistent link: https://www.econbiz.de/10012731151
skills enhance relative short-term earnings and (2) that general skills enhance relative long-term earnings. Empirical … secondary school programs, this study provides a first exploration of individuals' earnings across nearly complete careers. The … descriptive earnings patterns indicate support for both hypotheses (1) and (2). The support holds when controlling for GPA and …
Persistent link: https://www.econbiz.de/10012961282
participating in the Programme for the International Assessment of Adult Competences (PIAAC) and from 13 countries that also … reading or ICT tasks- obtain 10% of one standard deviation higher scores in the domain of the PIAAC assessment most related to … synthetic cohort analysis using repeated literacy assessments in IALS and PIAAC indicates that, among the low-educated, long …
Persistent link: https://www.econbiz.de/10012826725
The current study examines earnings differences for practicing lawyers by undergraduate major with a focus on economics … majors. Some majors do much better than others. Economics majors tend to do very well in both median and mean earnings, and …
Persistent link: https://www.econbiz.de/10012970821
obtaining skill certificates increases freelancers' earnings. This effect is not driven by increased freelancer productivity but … by decreased employer uncertainty. The increase in freelancer earnings is mostly realised through an increase in the …
Persistent link: https://www.econbiz.de/10012861463