Showing 1 - 10 of 167
A wide class of models with On-the-Job Search (OJS) predicts that workers gradually select into better-paying jobs. We develop a simple methodology to test predictions implied by OJS using two sources of identification: (i) time-variation in job-finding rates and (ii) the time since the last...
Persistent link: https://www.econbiz.de/10012956895
market and, on rigid labor markets, for unemployment. Exploiting variation in exit-exam systems across German states, we find … market, as well as with lower unemployment …
Persistent link: https://www.econbiz.de/10013315856
Persistent link: https://www.econbiz.de/10010192967
Comparing cohorts born between 1951 and 1994, we document and interpret changes in the wage differential among graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then decreased. We find that these changes cannot be attributed to...
Persistent link: https://www.econbiz.de/10012914913
The stylized facts suggest a negative relationship between tax progressivity and the skill premium from the early 1960s until the early 1990s, and a positive one thereafter. They also generally imply rising tax progressivity, except for the 1980s. In this paper, we ask whether optimal tax policy...
Persistent link: https://www.econbiz.de/10013111825
differentiated by skill type in the joint determination of social mobility and the skill premium. We first show that our model … output in the U.S. data from 1970-2000. We next show that endogenous social mobility and human capital accumulation are key … are transmitted. In particular, social mobility creates additional incentives for the agents which enhance the beneficial …
Persistent link: https://www.econbiz.de/10013075985
Using an originally constructed dataset that follows 30,000 Italian individuals from high school to the labor market, we analyze whether the gender composition of peers in high school affected their choice of college major, their academic performance and their labor market income. We exploit the...
Persistent link: https://www.econbiz.de/10012984501
Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...
Persistent link: https://www.econbiz.de/10012979542
How important is mastering information and communication technology (ICT) in modern labor markets? We answer this question with unique data on ICT skills tested in 19 countries. Our two instrumental-variable models exploit technologically induced variation in broadband Internet availability that...
Persistent link: https://www.econbiz.de/10012997356
This study estimates the effect of compulsory schooling on earnings. For identification, I exploit a German reform that extended the duration of secondary schooling in the 1960s. I find that hourly wages increase by 6%-8% per additional year of schooling. This result challenges prior findings...
Persistent link: https://www.econbiz.de/10012908790