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which log-wages are explained by two endogenous variables: the student's degree and the student's time to degree, not simply … by years of education. Log-wages are regressed on a measure of education, which is a position on a scale of certificates … parameters. We find a robust, significant and negative impact of the delay variable on wages, averaged over the first five years …
Persistent link: https://www.econbiz.de/10005498114
density and productivity and wages has long been established in the economic literature, less is known about the effects of … supply of university graduates on wages, i.e. the social return to education. …
Persistent link: https://www.econbiz.de/10011261931
There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates of return to graduates or graduate mark-ups show high returns, suggesting that demand has kept up with a rapidly rising supply of graduates, the literature on over-education...
Persistent link: https://www.econbiz.de/10010959781
substantial positive impacts on young men's wages. This finding is robust to a wide array of alternative specifications …
Persistent link: https://www.econbiz.de/10005812638
firm. We assume a competitive labor market with unobservable effort, where firms condition wages on output as incentive for …
Persistent link: https://www.econbiz.de/10005783633
have positive impacts on young women's wages. We find evidence of ability sorting, but controlling for ability, women who … attend higher quality colleges earn higher wages. Women receive smaller gains from college quality than do men; black women … earn more than those who attend public colleges, and women earn lower wages, the higher the proportion of their college …
Persistent link: https://www.econbiz.de/10005125045
have substantial positive impacts on young men's wages. This finding is robust to a wide array of alternative …
Persistent link: https://www.econbiz.de/10005125048
The U.S. workforce is substantially older and better-educated than it was at the end of the 1970s. The typical worker in 2010 was seven years older than in 1979. In 2010, over one-third of US workers had a four-year college degree or more, up from just one-fifth in 1979. Given that older and...
Persistent link: https://www.econbiz.de/10010561374
The decline in the economy’s ability to create good jobs is related to deterioration in the bargaining power of workers, especially those at the middle and the bottom of the pay scale. The restructuring of the U.S. labor market – including the decline in the inflation-adjusted value of the...
Persistent link: https://www.econbiz.de/10010569385
Over the past three decades, the “human capital” of the employed black workforce has increased enormously. In 1979, only one-in-ten (10.4 percent) black workers had a four-year college degree or more. By 2011, more than one in four (26.2 percent) had a college education or more. Over the...
Persistent link: https://www.econbiz.de/10010681103