While high rates of youth unemployment are a severe problem in most European countries, the program evaluation literature shows that di sadvantaged youths constitute a group that is particularly difficult to assist effectively. As innovative measures are thus needed, we evaluate a German pilot...

Individuals wishing to get married have made increasing use of matchmakers. This notwithstanding, economists have paid scant attention to the strategies employed by matchmakers and to the likelihood of success arising from the use of these strategies. Consequently, we first specify a...

Horrace and Oaxaca (2001) treat the regressors in gender wage gap by industry measures as non-stochastic when computing the corresponding standard errors. However, the non-stochastic regressors assumption is thought to be inappropriate in modern econometrics. In this paper, we derive the correct...

The paper perceives education as a type of money burning activity, much like advertisement, and examines its effect on social welfare. In a model where the employer's job assignment also functions as a signal a la Waldman (1984), there exists a separating equilibrium in which education credibly...

This paper assesses the effects of ASEAN5's international trade on their level of employment. By applying the labor demand model of Greenaway et al. (1999), we classified ASEAN5's international trade into two cases: (1) intra-ASEAN5 trade and (2) trade with the world market. Our estimated...

The study analyzes the performance of the Zheng test for functional form in different scenarios concerning the distribution approximation of the test statistic. We apply the test statistic for validating simple wage functions.

The paper contributes to the literature on gender-based disparity in human capital by extending existing results on educational attainment to the number of years of experience that female vs. male managers have among informal or unregistered firms. Using the case of Rwanda, results show that the...

This study examines life satisfaction among immigrants in the US, a topic that has been little discussed in immigration studies. The New Immigrant Survey-Pilot is used to analyze the impact of different forms of capital, namely human, financial, and social capital, on life satisfaction and how...

This paper presents a theoretical model explaining how fatalistic beliefs may influence a person's choice as to whether to become an entrepreneur. The key assumption of the model is that fatalism affects the expected effectiveness of the efforts that will be exerted in running an entrepreneurial...

Individuals wishing to get married have made increasing use of matchmakers. This notwithstanding, economists have paid scant attention to the strategies employed by matchmakers and to the likelihood of success arising from the use of these strategies. Consequently, we first specify a “local”...