Showing 1 - 10 of 376
Time preference is a key determinant of occupational choice and investments in human capital. Since careers are characterized by different wage growth prospects, individual discount rates play an important role in the relative valuation of jobs or occupations. We predict that individuals with...
Persistent link: https://www.econbiz.de/10013132747
We study whether and how early labor market choices determine longer-run career versus family outcomes differentially for male and female professionals. We analyze the physician labor market by exploiting a randomized lottery that determines the sorting of Danish physicians into internships...
Persistent link: https://www.econbiz.de/10014089906
Occupational segregation and pay gaps by gender remain large while many of the constraints traditionally believed to be responsible for these gaps have weakened over time. Here, we explore the possibility that women and men have different tastes for the content of the work they do. We run...
Persistent link: https://www.econbiz.de/10012985575
This paper tests a central implication of the theory of equalizing differences, that workers sort into jobs with different attributes based on their preferences for those attributes. We present evidence from four new time-use data sets for the United States and France on whether workers who are...
Persistent link: https://www.econbiz.de/10012760184
Employee ownership in U.S. companies has grown substantially in the past 20 years. This paper reviews and provides some meta-analyses on the accumulated evidence concerning the prevalence, causes, and effects of employee ownership, covering 25 studies of employee attitudes and behaviors, and 27...
Persistent link: https://www.econbiz.de/10013225135
I ask generally whether a country can benefit from the temporary importation of human capital, and specifically whether a program that attracts large groups of academic visitors to a distant country benefits it by generating additional scholarly research on local issues. Using the list of...
Persistent link: https://www.econbiz.de/10013324023
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and … happiness, considers implications for policymakers, and explores where Australia lies in international subjective well …, where a common language should help subjective measures to be reliable, Australia performs poorly on a range of happiness …
Persistent link: https://www.econbiz.de/10013240657
It takes a woman and a man to make a baby. This fact suggests that for a birth to take place, the parents should first agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are likely to arrive only if both parents desire one. In...
Persistent link: https://www.econbiz.de/10012996885
We use household-level panel data from China and a quantitative framework to document the ex- tent and consequences of factor misallocation in agriculture. We find that there are substantial frictions in both the land and capital markets linked to land institutions in rural China that...
Persistent link: https://www.econbiz.de/10012965435
We study competitive equilibrium in a signaling economy with heterogeneously informed buyers. In terms of the classic Spence (1973) model of job market signaling, firms have access to direct but imperfect information about worker types, in addition to observing their education. Firms can be...
Persistent link: https://www.econbiz.de/10012947651