Similar Search Results

Structural estimates of the intergenerational education correlation

Belzil, Christian; Hansen, Jörgen - 2003

Using a structural dynamic programming model, we investigate the relative importance of family background variables and individual specific abilities in explaining cross-sectional differences in schooling attainments and wages. Given scholastic ability, household background variables (especially...

Persistent link: https://www.econbiz.de/10010261663

Household Characteristics, Ability and Education: Evidence´ from a Dynamic Expected Utility Model

Belzil, Christian; Hansen, Joergen - 1999

We estimate a Dynamic Programming model of the decision between continuing schooling or entering the labor market using a panel from the National Longitudinal Survey (NLSY). The model, set in an expected utility framework (with a power utility function), fits data on both schooling attainments...

Persistent link: https://www.econbiz.de/10010262274

Subjective Discount Rates, Intergenerational Transfers and the Return to Schooling

Belzil, Christian; Hansen, Jörgen - 1999

into a 1% productivity (wage) growth. …

Persistent link: https://www.econbiz.de/10010262285

Earnings Dispersion, Risk Aversion and Education

Belzil, Christian; Hansen, Jörgen - 2002

We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...

Persistent link: https://www.econbiz.de/10010262728

Policies to create and destroy human capital in Europe

Heckman, James Joseph; Jacobs, Bas - 2009

Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of the population. Reinvention of human capital policies...

Persistent link: https://www.econbiz.de/10010274258

Measuring Quality of Life Under Spatial Frictions

Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan H.W.; … - 2024

Using a quantitative spatial model as a data-generating process, we explore how spatial frictions affect the measurement of quality of life. We find that under a canonical parameterization, mobility frictions - generated by idiosyncratic tastes and local ties - dominate trade frictions -...

Persistent link: https://www.econbiz.de/10015210983

Sources of Wage Growth

Adda, Jérôme; Dustmann, Christian - 2022

This paper investigates the sources of wage growth over the life cycle, where individuals have the possibility to … acquire vocational training at the start of their career. Wage growth is determined by sectoral and firm mobility, unobserved … key driver of early wage growth while CA skills become important later on. Moreover, job amenities are an important …

Persistent link: https://www.econbiz.de/10013351693

The Crime Effect of Refugees

Akbulut-Yuksel, Mevlude; Mocan, Naci; Tumen, Semih; … - 2022

We analyze the impact on crime of 3.7 million refugees who entered and stayed in Turkey as a result of the civil war in Syria. Using a novel administrative data source on the flow of offense records to prosecutors' offices in 81 provinces of the country each year, and utilizing the staggered...

Persistent link: https://www.econbiz.de/10013351874

Macroeconomic and Distributional Effects of Higher Minimum Wages

Drechsel-Grau, Moritz - 2022

Persistent link: https://www.econbiz.de/10013359216

Labor Market Power, Self-Employment, and Development

Amodio, Francesco; Medina, Pamela; Morlacco, Monica - 2022

This paper shows that self-employment opportunities shape the market power of employers in low-income countries, with implications for industrial development. Using data from Peru, we document substantial employer concentration and high self-employment rates across manufacturing local labor...

Persistent link: https://www.econbiz.de/10013426326