Similar Search Results

Real options and human capital investment

Jacobs, Bas (contributor) - 2007

Persistent link: https://www.econbiz.de/10003497588

Private investment in higher education : comparing alternative funding schemes

Eckwert, Bernhard (contributor); Zilcha, Itzhak (contributor) - 2008

income. -- Higher education ; funding regimes ; human capital ; welfare …

Persistent link: https://www.econbiz.de/10003751100

Optimal linear income taxation and education subsidies under skill-biased technical change

Jacobs, Bas; Thuemmel, Uwe - 2020

, since SBTC raises the direct distributional benefits of income taxes, which more than offset their larger indirect …

Persistent link: https://www.econbiz.de/10012404588

Wages, skills, and skill-biased technical change : the canonical model revisited

Bowlus, Audra J.; Lochner, Lance; Robinson, Chris; … - 2021

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

Wage risk and the skill premium

Slavík, Ctirad; Yazici, Hakki - 2020

The skill premium has increased significantly in the United States in the last five decades. During the same period, 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...

Persistent link: https://www.econbiz.de/10012263817

"The double dividend of Training" : labor market effects of work-related continuous education in Switzerland

Denzler, Stefan; Ruhose, Jens; Wolter, Stefan C. - 2022

This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor market outcomes, we apply a regression-adjusted...

Persistent link: https://www.econbiz.de/10013413337

Imperfect signals

Graetz, Georg - 2023

A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates' productivity. I model various distinct sources of signal imperfection-such as noise and multi-dimensional types-and characterize their implications for the private return to skill...

Persistent link: https://www.econbiz.de/10014265586

Inflation targeting versus nominal income targeting

Staudinger, Sylvia - 2000

In this paper we analyze flexible inflation targeting and nominal income targeting as two different monetary strategies … attached to output stabilization relative to inflation stabilization in the loss function. In contrast, under nominal income …

Persistent link: https://www.econbiz.de/10009781578

Capital income risk and the dynamics of the wealth distribution

Khieu, Hoang; Wälde, Klaus - 2019

Labour income follows a deterministic growth trend and fluctuates between two values. Interest rates are drawn …

Persistent link: https://www.econbiz.de/10012138857

Cyclical income risk in Great Britain

Angelopulos, Kōnstantinos; Lazarakis, Spyridon; … - 2019

This paper establishes new evidence on the cyclical behaviour of household income risk in Great Britain and assesses … Panel Survey (1991-2008) by decomposing stochastic idiosyncratic income into its transitory, persistent and fixed components …. We then estimate how income risk, measured by the variance and the skewness of the probability distribution of shocks to …

Persistent link: https://www.econbiz.de/10011996331