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Wage Risk and the Skill Premium
Slavík, Ctirad - 2017
, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill … premium. Intuitively, a rise in uninsured wage risk increases precautionary savings, thereby boosting capital accumulation … that the rise in wage risk observed between 1967 and 2010 increases the skill premium significantly. This finding is robust …
Persistent link: https://www.econbiz.de/10012941727
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Wage risk and the skill premium
Slavík, Ctirad; Yazici, Hakki - 2020
, individual wage risk has also increased. This paper proposes a mechanism through which a rise in wage risk increases the skill … premium. Intuitively, a rise in uninsured wage risk increases precautionary savings, thereby boosting capital accumulation … that the rise in wage risk observed between 1967 and 2010 increases the skill premium significantly. This finding is robust …
Persistent link: https://www.econbiz.de/10012263817
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Catching up is hard to do : undergraduate prestige, elite graduate programs, and the earnings premium
Hersch, Joni - 2019
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
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Deconstructing theories of overeducation in Europe : a wage decomposition approach
McGuinness, Séamus; Pouliakas, Konstantinos - 2016
This paper uses data from the Cedefop European Skills and Jobs (ESJ) survey, a new international dataset of adult workers in 28 EU countries, to decompose the wage penalty of overeducated workers. The ESJ survey allows for integration of a rich, previously unavailable, set of factors in the...
Persistent link: https://www.econbiz.de/10011451997
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Overeducation and wages : the role of cognitive skills and personality traits
Palczyńska, Marta - In: Baltic journal of economics 21 (2021) 1, pp. 85-111
also demonstrate that personality is one of the contributors to the risk of being overeducated among workers aged 18 …
Persistent link: https://www.econbiz.de/10012598764
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Return to skills and urban size : evidence from the skill requirements of Hungarian firms
Czaller, László; Hermann, Zoltán - 2022
While most empirical studies document that cognitive and social skills are strong predictors of individual earnings, their impact is not homogenous in space. We argue that dense urban settings utilize cognitive and social skills more intensively than rural areas, therefore the labour market...
Persistent link: https://www.econbiz.de/10013173834
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Wage losses due to overqualification : the role of formal degrees and occupational skills
Kracke, Nancy; Reichelt, Malte; Vicari, Basha - 2017
Wage penalties in overqualified employment are well documented, but little is known regarding the underlying mechanisms. We test two explanations, namely, formal overqualification and a mismatch of occupational skills. By using the National Educational Panel Study (NEPS) survey that is linked to...
Persistent link: https://www.econbiz.de/10011630745
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Career paths of PhD graduates in Eastern and Western Germany : same qualification, same labor market outcomes?
Rehs, Andreas; Fuchs, Michaela - 2020
returns with regard to obtaining a job suited to their skill level and with high wages. Our data set combines information on …
Persistent link: https://www.econbiz.de/10012159470
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Returns to ICT skills
Oliver, Falck; Heimisch, Alexandra; Wiederhold, Simon - 2016
How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
Persistent link: https://www.econbiz.de/10011416403
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Overeducation among immigrants in Sweden : incidence, wage effects and state dependence
Joona, Pernilla Andersson; Gupta, Nabanita Datta; … - In: IZA journal of migration : IZAJOM 3 (2014), pp. 1-23
The utilization and reward of the human capital of immigrants in the labor market of the host country has been studied extensively. Using Swedish register data from 2001 - 2008, we extend the immigrant educational mismatch literature by analyzing incidence, wage effects and state dependence in...
Persistent link: https://www.econbiz.de/10010372447