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The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
The opportunity costs of rearing British children, in terms of cash earnings forgone by their mother, are estimated for a typical family. Data from the 1980 Women and Employment Survey provide estimates for hourly pay as a function of work experience and current hours of work. In addition, these...
Persistent link: https://www.econbiz.de/10005792397
We survey the recent literature on the effects of active labour market policies on individual labour market outcomes like employment and income, for adult female individuals without work in European countries. We consider skill-training programs, monitoring and sanctions, job search assistance,...
Persistent link: https://www.econbiz.de/10005662001
wage affects wages even though, after imposition, the lowest wage in the market exceeds the minimum wage. The model has …
Persistent link: https://www.econbiz.de/10005666625
different estimation methods and different types of data. We propose and apply an unconditional inference method that can be … applied to aggregate duration data. It does not require wage data, it is invariant to the way in which wages are determined …
Persistent link: https://www.econbiz.de/10005281358
insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … both in our sample and across studies, reconciling disparate wage-effect estimates. Empirically, UI raises wages by …
Persistent link: https://www.econbiz.de/10011272710
This paper analyzes optimal linear taxes on capital and labour incomes in a life-cycle model of human capital investment, financial savings, and labour supply with heterogenous individuals. A dual income tax with a positive marginal tax rate on not only labour income but also capital income is...
Persistent link: https://www.econbiz.de/10005123828
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 measure of education, which is a position on a scale of certificates … parameters. We find a robust, significant and negative impact of the delay variable on wages, averaged over the first five years …
Persistent link: https://www.econbiz.de/10005498114
the wages of native-born workers in the UK. This is potentially puzzling since there is evidence that changes in the … supply of educated natives have significant effects on their wages. Using a pooled time series of British crosssectional … micro data on male wages and employment from the mid-1970s to the mid-2000s, this paper offers a resolution to this puzzle …
Persistent link: https://www.econbiz.de/10008527530
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