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The classical occupational choice model does not explain the simultaneous existence of low and high ability entrepreneurs. In this paper, we study the decision to become an entrepreneur when individuals choose their education level and the economic sector where to operate. We distinguish two...
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Promotion of entrepreneurial skills among the population is often considered as an adequate policy to enhance job creation and economic growth. However, neither the definition of entrepreneurial skills, nor the costs and benefits of such a policy are clear. Our aim is to check whether the...
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This paper analyzes the effects of cognitive ability on job satisfaction. Using PIAAC data we explore whether job satisfaction predictors observed in the literature change their behavior once we control for cognitive ability, proxied by an explicit test of individual numeracy level. We show that...
Persistent link: https://www.econbiz.de/10012868434
We use data from the EU Labour Force Survey for 8 countries and document the levels of working from home in the sample countries, industries, and occupations in the 2011-2019 period and its changes in 2020, the year when the COVID-19 pandemic started. We show that there are significant...
Persistent link: https://www.econbiz.de/10013427718
We provide bounds on the parameters of matching functions such that the job-finding rate and the vacancy-filling rate are below 1. We do that in the context of the canonical search and matching model with a Pissarides-type free-entry condition. We find that the restrictions for a Cobb-Douglas...
Persistent link: https://www.econbiz.de/10014496091
Technical progress affects early retirement in two opposing ways. On the one hand, it increases real wages and thus produces an incentive to postpone retirement. On the other hand, it erodes workers' skills, making early retirement more likely. We re-examine the effect of technical progress on...
Persistent link: https://www.econbiz.de/10011606587