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somewhat surprising as the exceptional growth in the Irish economy occurred from 1994 on. We look to immigration as being a … simulation suggests that immigration did indeed reduce earnings inequality. This result is an interesting corollary to work from … the US that shows the immigration of unskilled workers increasing earnings inequality. …
Persistent link: https://www.econbiz.de/10005124097
Immigration to the UK, particularly among more educated workers, has risen appreciably over the past 30 years and as … such has raised labor supply. However studies of the impact of immigration have failed to find any significant effect on …, namely that in the UK natives and foreign born workers are imperfect substitutes. We show that immigration has primarily …
Persistent link: https://www.econbiz.de/10008527530
This paper considers an economy where skilled and unskilled workers use different technologies. The rate of improvement of each technology is determined by a profit-maximizing R&D sector. When there is a high proportion of skilled workers in the labour-force, the market for skill-complementary...
Persistent link: https://www.econbiz.de/10005504709
The increased supply of skilled labour and institutional factors have been advanced in an effort to explain why some countries have experienced smaller increases in earnings dispersion and in returns to education relative to the United States. Ireland’s supply of skilled labour has increased...
Persistent link: https://www.econbiz.de/10005791997
Expected earnings and expected returns to education are seen by labour economists as a major determinant of educational attainment. In spite of this, the empirical knowledge about expectations and their formation is scarce. In this Paper we report the results of the first systematic study of the...
Persistent link: https://www.econbiz.de/10005497746
We model educational investment and labour supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. Following Rosen (1983), we show that there are private increasing returns to education...
Persistent link: https://www.econbiz.de/10005497970
We propose a new test for the presence of job-market signalling in the sense of Spence (1973), based on an equation in which log-wages are explained by two endogenous variables: the student's degree and the student's time to degree, not simply by years of education. Log-wages are regressed on a...
Persistent link: https://www.econbiz.de/10005498114
This paper examines the empirical evidence regarding the poor performance of the youth labour market in Spain over the last two decades, which entails very high unemployment for both higher and lower educated workers, symptoms of over-education, and low intensity of on-the-job training. It also...
Persistent link: https://www.econbiz.de/10005136544
Though there is a large literature on the determinants of child labour and many initiatives aimed at combating this phenomenon, there is limited evidence on the consequences of child labour for socioeconomic outcomes such as education, occupational choice, wages, and health. Using panel data...
Persistent link: https://www.econbiz.de/10005067577
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10005067578