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Johnsen, Julian; Ku, Hyejin; Salvanes, Kjell G. - 2023

In standard promotion tournaments, contestants are ranked based on their output or productivity. We argue that workers …

Persistent link: https://www.econbiz.de/10014345961

Imperfect Signals

Graetz, Georg - 2023

A pre-condition for employer learning is that signals at labor market entry do not fully reveal graduates’ productivity …

Persistent link: https://www.econbiz.de/10014357032

Occupation, Growth, Skill Prices, and Wage Inequality

Böhm, Michael J. - 2019

This paper studies the relationship between changes in occupational employment, occupational wages, and rising overall wage inequality. Using long-running administrative panel data with detailed occupation codes, we first document that in all occupations, entrants and leavers earn lower wages...

Persistent link: https://www.econbiz.de/10012861388

Signaling and Employer Learning with Instruments

Aryal, Gaurab - 2020

The social and the private returns to education differ when education can increase productivity, and also be used to … signal productivity. We show how instrumental variables can be used to separately identify and estimate the social and … the life-cycle, is 7.2%. Thus, 70% of the private returns to education can be attributed to education raising productivity …

Persistent link: https://www.econbiz.de/10012841583

Education, Lack of Complementary Investment and Underemployment in an Open Economy

Marjit, Sugata; Ahuja, Rashmi; Pandey, Abhilasha - 2021

In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and also how skill formation or education affects...

Persistent link: https://www.econbiz.de/10013213779

Wages, Skills, and Skill-Biased Technical Change : The Canonical Model Revisited

Bowlus, Audra; Robinson, M. Chris; Lochner, Lance; … - 2021

The canonical supply-demand model of the wage returns to skill has been extremely influential; however, it has faced several important challenges. Several studies show that the standard approach sometimes produces theoretically wrong-signed elasticities of substitution, yields counterintuitive...

Persistent link: https://www.econbiz.de/10013217553

Incentives, Self-Selection, and Coordination of Motivated Agents for the Production of Social Goods

Bauer, Kevin; Kosfeld, Michael; von Siemens, Ferdinand - 2021

We study, theoretically and empirically, the effects of incentives on the self-selection and coordination of motivated agents to produce a social good. Agents join teams where they allocate effort to either generate individual monetary rewards (selfish effort) or contribute to the production of...

Persistent link: https://www.econbiz.de/10013217557

Marriage Premium with Productivity Heterogeneity

Bonilla, Roberto - 2019

marriage premium within a given productivity group, as well as a clear ranking of premia across different groups. We find …

Persistent link: https://www.econbiz.de/10012861383

Information, Asymmetric Incentives, or Withholding? Understanding the Self-Enforcement of Value-Added Tax

Waseem, Mazhar - 2019

During the period 1996-2000, the coverage of VAT in Pakistan rose by twenty times in terms of the number of firms in the tax net and by ten times in terms of the volume of transactions subject to it. This paper leverages this staggered introduction of VAT in the country to estimate its...

Persistent link: https://www.econbiz.de/10012866312

Optimum Size of the Informal Credit Market - a Political Economy Perspective

Marjit, Sugata; mishra, Suryaprakash - 2021

Informality of markets is largely perceived as undesirable. Yet, ample evidence suggests that the informal sector contributes substantially in terms of income and employment in the entire developing world. In this paper, tax evaded income is invested in the informal credit market which in turn...

Persistent link: https://www.econbiz.de/10013215670