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insurance against unemployment caused by labour market frictions and hence increases the incentives for education. We show … within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10005789165
This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures involving targeting workers with low incomes/abilities and targeting the unemployed under the criteria of "approximate welfare efficiency" (AWE). Thereby we can identify policies...
Persistent link: https://www.econbiz.de/10005666681
In this paper we apply the statistical framework recently proposed by Imbens (1999) and Lechner (1999) to identify the causal effects of multiple treatments under the conditional independence assumption. We show that under this assumption, matching with respect to the ratio of the scores allows...
Persistent link: https://www.econbiz.de/10005792529
In this paper we estimate by matching techniques the effects of a French retraining program on the reemployment rate of laid-off workers. This program, called “Conventions de conversion”, was intended to improve reemployment prospects of displaced workers by proposing them retraining and job...
Persistent link: https://www.econbiz.de/10005124280
differences in parents' involvement in education. We find that a non-negligible part of the test score racial gap can be explained … by these cultural differences. In particular, we show that if non-white parents would invest in education of their 11 …
Persistent link: https://www.econbiz.de/10005504336
Two of the earliest inventions of a human capital-intensive technology were for the production of personal internal goods that enabled humans to derive more pleasure out of leisure, namely dance and music. I model the incentives to invent hobbies and to acquire hobby skills, and its implications...
Persistent link: https://www.econbiz.de/10005504741
the labour market and underinvestment in education. A central insight is that the ex-post participation decision of … workers endogeneously generates increasing marginal returns to education. Although equilibrium implies underinvestment in … education, optimal policy is not to subsidise education. Instead it is to subsidise labour market participation which we argue …
Persistent link: https://www.econbiz.de/10004971321
Using unique information for a cohort of Australian youth, this paper explores the association between youths’ perception of control (i.e. locus of control) and three educational outcomes: (i) Year 12 completion, (ii) whether youth obtained an Equivalent National Tertiary Entrance Rank (ENTER)...
Persistent link: https://www.econbiz.de/10004971399
differences in labour supply responses to tax policy can explain differences in aggregate labour supply and years of education …
Persistent link: https://www.econbiz.de/10004977270
Recent studies have used quantile regression (QR) techniques to estimate the impact of education on the location, scale …
Persistent link: https://www.econbiz.de/10004977288