Showing 1 - 8 of 8
This paper sheds light on the causal relationship between education and health outcomes. We combine three surveys (SHARE, HRS and ELSA) that include nationally representative samples of people aged 50 and over from fourteen OECD countries. We use variation in the timing of educational reforms...
Persistent link: https://www.econbiz.de/10012240581
In this note we revisit the paper by Fonseca et al. (Series 11: 83-103, 2020) who find that education has a positive effect on health. They use several compulsory schooling reforms as instruments for education. Our objective is to replicate this causal finding, so we start by thoroughly...
Persistent link: https://www.econbiz.de/10013459956
This article sheds light on the dynamics of the Argentine labor market, using quarterly data from the Argentine Labor Force Survey for the period 2003Q3 to 2020Q1. We examine quarterly transition rates in a four-state model with formal employment, informal employment, unemployment, and...
Persistent link: https://www.econbiz.de/10012415847
The public sector hires disproportionately more educated workers. To rationalize this finding, we propose a model with a perfectly competitive private sector, and non-Walrasian public sector. Our economy also features heterogeneity across individuals and jobs, and a simple sorting mechanism that...
Persistent link: https://www.econbiz.de/10012803194
We study two first‐order economic consequences of vertical mismatch, using a simple (neoclassical) model of under and overemployment. Individuals of high type can perform both skilled and unskilled jobs, but only a fraction of low‐type workers can perform skilled jobs. People have different...
Persistent link: https://www.econbiz.de/10015425364
Out of four major structural changes affecting the US economy - namely a rising share of skilled workers, skill-biased technological change, decreasing progressiveness of taxation and productivity slowdown - we show that the decline in productivity growth not only is the main driver of the...
Persistent link: https://www.econbiz.de/10014473060
Concerns about widening inequality have increased attention on the topic of equality of opportunities and intergenerational mobility. We use data from the National Longitudinal Survey of Youth to analyse how educational and income mobility has evolved in the United States of America. We show...
Persistent link: https://www.econbiz.de/10014507194
Few retirees use reverse mortgages. In this paper, we investigate how financial literacy and prior knowledge of the product influence take-up by conducting a stated-preference experiment. We exogenously manipulate characteristics of reverse mortgages to tease out how consumers value them and...
Persistent link: https://www.econbiz.de/10014515957