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We make use of predicted social and civic activities (social capital) to account for selection into "social" occupations. Individual selection accounts for more than the total difference in wages observed between social and nonsocial occupations. The role that individual social capital plays in...
Persistent link: https://www.econbiz.de/10011776822
I examine how one central aspect of the family environment - sibling sex composition - affects women's gender conformity. Using Danish administrative data, I causally estimate the effect of having a second-born brother relative to a sister for first-born women. I show that women with a brother...
Persistent link: https://www.econbiz.de/10012420690
Human capital features prominently in theoretical work on post-entry performance of new firms. Empirical analysis has, however, to a large extent overlooked the unobserved component of human capital focusing on years of education or labor market experience. This paper adds to the literature on...
Persistent link: https://www.econbiz.de/10013208838
return to cognitive skill. Sorting across occupations responded to changes in the returns to skills. Workers with an … of jobs have changed over time, that there is sorting on comparative advantage, and that demand-side factors are …
Persistent link: https://www.econbiz.de/10012013522
return to cognitive skill. Sorting across occupations responded to changes in the returns to skills. Workers with an … of jobs have changed over time, that there is sorting on comparative advantage, and that demand-side factors are …
Persistent link: https://www.econbiz.de/10012039299
The artistic labor market is marked by several adversities, such as low wages, above-average unemployment, and constrained underemployment. Nevertheless, it attracts many young people. The number of students exceeds the available jobs by far. A potential explanation for this puzzle is that...
Persistent link: https://www.econbiz.de/10010316841
Unemployment immediately upon graduation is associated with substantial and permanent future earnings losses. Even for very short unemployment spells the estimated earnings losses are statistically significant. These results are stable for the inclusion of a rich set of observable control...
Persistent link: https://www.econbiz.de/10010273933
The ranking of colleges varies both across methods and model specifications. Still, earnings equations tend to be consistent with regard to which colleges that on average are found in the top and bottom half of the earnings distribution. Moreover, there are no systematic differences in the...
Persistent link: https://www.econbiz.de/10010273978
We look at the stability of survey based subjective time preferences over time using data from a Dutch panel survey with a long time horizon and find that the ranking of individual time preferences is stable. Simple observation of the aggregated measured time preferences reveals instability in...
Persistent link: https://www.econbiz.de/10013208749
CEOs of large firms filing for bankruptcy are more likely to exit the executive labor market after bankruptcy and experience substantial compensation losses (Eckbo et al., 2016). While the fear of reputational scarring can lead to lower risk-taking and manifest itself as lower rates of...
Persistent link: https://www.econbiz.de/10013373824