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A general method is described which allows a production activity to be analyzed by means of input data only. According to duality theory, the input cost shares can be completely specified without any information about output if the technology is homothetic. It is demonstrated that these cost...
Persistent link: https://www.econbiz.de/10010334853
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No abstract.
Persistent link: https://www.econbiz.de/10010818363
A general method is described which allows a production activity to be analyzed by means of input data only. According to duality theory, the input cost shares can be completely specified without any information about output if the technology is homothetic. It is demonstrated that these cost...
Persistent link: https://www.econbiz.de/10010684447
Persistent link: https://www.econbiz.de/10001419037
Investigating the robustness of the skill-biased technical change hypothesis, this analysis incorporates two novel features. First, effective labor is modeled as the product of a quantity measure - number of employees with a given level of education - and a quality index, depending on, i.a.,...
Persistent link: https://www.econbiz.de/10011571578
Register data are described, in general terms and in specific terms, focusing on informational content from an educational science perspective. Arguments are provided for why educational scientists can benefit from register data. It is concluded that register data contain lots of information...
Persistent link: https://www.econbiz.de/10011598152
In Europe, accounting standards prevent larger expenditures on employer-sponsored training from being treated as investments. Using Sweden as example, we discuss two consequences for training. First, the timing: training will be conducted when income is large enough for training costs to be...
Persistent link: https://www.econbiz.de/10010320143
A regression model is considered where earnings are explained by schooling and ability. It is assumed that schooling is measured with error and that there are no data on ability. Regressing earnings on observed schooling then yields an estimate of the return to schooling that is subject to...
Persistent link: https://www.econbiz.de/10010273950
Using a Difference-in-Differences approach we evaluate the effects of a 10 percentage points reduction in the payroll tax introduced in 2002 for firms in the northern part of Sweden. We find no employment effects for existing firms and can rule out that a 1 percentage point payroll tax reduction...
Persistent link: https://www.econbiz.de/10010273974