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The standard Mincer model does not account for large differences in earnings across occupations. We present a learning-by-doing model that relates wages and skill development to the level of job complexity of a worker. Using administrative data on German labour market entrants, we find that wage...
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We investigate the differences in labor market effects between regular degrees and tertiary degrees for professional workers. Using multiple-year data that span the drastic policy initiatives targeting on-job education in China, we find significantly lower returns to an on-job degree compared to...
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Infrastructures are subject to substantial readjustments of governance structures, often labeled as liberalization, privatization or re-regulation. This affects all traditional infrastructure sectors including communications, energy, transport and water. This study highlights and illustrates...
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